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Author Topic: Here We Go 200 Bitcoin ATMs in El Salvador  (Read 280 times)
Luqman
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September 10, 2021, 11:50:20 PM
 #21

OMG, they are really serious to provide the facilities to support Bitcoin as legal tender!!  Shocked
To be honest, I am happy with this news, it indicates that EL Salvador doesn't take advantage of Bitcoin once it is in bullish season only. But with these Bitcoin ATMs, they surely prepare to have Bitcoin for a long time and for real daily uses. I hope it is just the beginning development of facilities to support Bitcoin in El Salvador. Nice to know El Salvador has 200 Bitcoin ATMs now.

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September 10, 2021, 11:58:35 PM
 #22

OMG, they are really serious to provide the facilities to support Bitcoin as legal tender!!  Shocked
To be honest, I am happy with this news, it indicates that EL Salvador doesn't take advantage of Bitcoin once it is in bullish season only. But with these Bitcoin ATMs, they surely prepare to have Bitcoin for a long time and for real daily uses. I hope it is just the beginning development of facilities to support Bitcoin in El Salvador. Nice to know El Salvador has 200 Bitcoin ATMs now.


Seeing those steps that they've been doing then this is something that we havent so far for those countries who had adopted or considered bitcoin legally.This is a step which you could
say that they are really serious on integrating everything. 200 ATMS isnt something that you could see on other places which does accept bitcoin.They are really serious
on what they had stated and did really make out full integration in a short span of time.Great!

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September 11, 2021, 01:27:08 PM
 #23

Hello. All. As we know that El Salvador Allow BTC as a Legal Tender, the only one country to allow this.

Now see the BTC ATM In El Salvador






interesting design, the citizens of el salvador are really happy with this ATM, but my question is how much is required for each bitcoin account in one month, does the government free fees in each account

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September 11, 2021, 01:33:41 PM
 #24

I love the design and I'm highly encouraged with how Else Salvador has taken Bitcoin to a whole new level making it's adopting look genuine by providing a transaction matchine that would ease the spending of bitcoin within the country. I just wish other countries would do same. I guess MasterCard  and Visa cards would be used on this device except other card issuing companies would partner with El salvador
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September 11, 2021, 02:32:02 PM
 #25

<…> my question is how much is required for each bitcoin account in one month, does the government free fees in each account
Fees are free for all Chivo to Chivo TXs, be it using BTC or USD. If non-Chivo wallets are involved in the TX, then regular network feed apply.

<…> I guess MasterCard  and Visa cards would be used on this device except other card issuing companies would partner with El salvador
Currently, credit/debit cards don’t seem to be usable on the Chivo ATMs. Reading through their faqs (https://translate.google.com/translate?hl=en&sl=es&tl=en&u=https%3A%2F%2Fchivowallet.com%2Fpreguntas-frecuentes.html%23item-4&sandbox=1), the Chivo wallet can be charged only in cash if you’re using the ATM itself.
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September 13, 2021, 06:29:15 AM
 #26

I think it’s great that there are now 200 bitcoin ATMs in El Salvador.

Personally I believe this is only the beginning and soon there will probably be over a 1000.

 I believe in the very near future bitcoin will replace Fiat currency’s in places similar to El Salvador all around the world and I predict that there will be tens of thousands of bitcoin ATMs globally in the coming years.

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September 16, 2021, 04:58:24 PM
 #27

I wonder how many countries are going to follow the way of El Salvador by promoting crypto in the same way to their citizens. As the weeks go by crypto becomes more and more widely accepted around the world for day to day transactions  Wink

Hello. All. As we know that El Salvador Allow BTC as a Legal Tender, the only one country to allow this.

Now see the BTC ATM In El Salvador





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September 16, 2021, 05:12:38 PM
 #28

That's already a lot of ATMs which only means that the development and adoption of Bitcoin in El Salvador are continuous. However, I've heard that dollar supporters are destroying some ATMs. I hope that they could see its value and importance because other countries are aiming to have it.
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September 16, 2021, 05:30:12 PM
 #29

Chivo Wallet’s home page FAQs seems to be changing over time, and certain information gets added or modified. Limits now state that:

Chivo Wallet:
-   Minimum to send/receive/convert: 0,01$ (or bitcoin equivalent I figure).
-   Maximum to send(?*)/receive/convert: no limits.
-   Maximum recharge through web interface: 750$ per charge (I believe you can pay with a card for this operation).

(*) The site’s phrasing references send/receive/convert in the listed item, but omits the term "send" when describing the limits. Whether this is a deliberate omission or a mistake is unknown to me.

Chivo ATM:
-   Withdrawls (10$ and 20$ bank notes):
o   Minimum 10$
o   Maximum 1K$ per day; 30K$ per month

-   Recharges (bitcoin purchases):
o   Minimum 1$
o   Maximum 1K$ per day; 30K$ per month

 One thing to bear in mind is that, as far as I’m aware (correct me if I’m wrong), Chivo ATMs are only able to work under the Chivo ecosystem, meaning that you can’t (currently) use them from a non-Chivo wallet. If that is so, they are technically bitcoin ATMs, but subject to freedom of wallet choice restrictions.

See:
https://chivowallet.com/preguntas-frecuentes.html
https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fchivowallet.com%2Fpreguntas-frecuentes.html


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September 17, 2021, 05:08:36 AM
 #30

They are not really joking when they started the implementation of bitcoins they already acquired sponsors from their partnership to have these ATMs distributed in all places inside El Salvador. I think they will add some more if this will become successful and man, they making everything about what we have speculated in the past into reality. Even though El Salvador is not a huge and powerful country, their data about the result of these innovative changes will be crucial to the entire world who are thinking to do the same.

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