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Author Topic: [2014-05-04] Bitprize: New Bitcoin ATMs in Canada  (Read 497 times)
bitsmichel
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May 04, 2014, 12:17:03 PM
Last edit: May 04, 2014, 01:05:55 PM by bitsmichel
 #1

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“It’s such a beautiful way of sending money worldwide, but to actually get that bitcoin unless someone is sending it to you is very difficult. A bitcoin ATM lets you insert your cash into this teller machine and you receive bitcoin instantly.”

Source: bitprize.org

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May 04, 2014, 12:48:15 PM
 #2

Wow... with this new development Canada become's the world leader in Bitcoin ATMs. Already there are such ATMs in Vancouver (British Colombia) and Toronto (Ontario). Now Saskatoon (Saskatchewan) is also added to the list!

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MyDestiny
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May 04, 2014, 02:59:44 PM
 #3

Wow... with this new development Canada become's the world leader in Bitcoin ATMs. Already there are such ATMs in Vancouver (British Colombia) and Toronto (Ontario). Now Saskatoon (Saskatchewan) is also added to the list!

We also have now some ATM in Germany, but also in Dubai there are some Bitcoin ATM.This is amazing.
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May 04, 2014, 03:09:21 PM
 #4

We also have now some ATM in Germany, but also in Dubai there are some Bitcoin ATM.This is amazing.

There is just one ATM in Germany (in Berlin). Compare that to 15 in Canada. Almost every single Canadian province is now having a Bitcoin ATM. There are 3 in British Colombia, 5 in Alberta, 2 in Quebec, 2 in Ontario and one each in Nova Scotia, Manitoba and Saskatchewan.

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May 04, 2014, 03:18:14 PM
 #5

We also have now some ATM in Germany, but also in Dubai there are some Bitcoin ATM.This is amazing.

There is just one ATM in Germany (in Berlin). Compare that to 15 in Canada. Almost every single Canadian province is now having a Bitcoin ATM. There are 3 in British Colombia, 5 in Alberta, 2 in Quebec, 2 in Ontario and one each in Nova Scotia, Manitoba and Saskatchewan.

wow is Canada the world leader with the bitcoin atm ? or does the usa have more ? adn what about china?
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May 04, 2014, 03:43:03 PM
 #6

wow is Canada the world leader with the bitcoin atm ? or does the usa have more ? adn what about china?

Yes. Canada is the world leader as far the Bitcoin ATMs are concerned. The first ever ATM was established there, and right now they have the largest number of them. The US only have 8 ATMs. And there are no Bitcoin ATMs in mainland China, as it is banned there.

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MyDestiny
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May 04, 2014, 03:47:34 PM
 #7

wow is Canada the world leader with the bitcoin atm ? or does the usa have more ? adn what about china?

Yes. Canada is the world leader as far the Bitcoin ATMs are concerned. The first ever ATM was established there, and right now they have the largest number of them. The US only have 8 ATMs. And there are no Bitcoin ATMs in mainland China, as it is banned there.

oh ok , thx for the information
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May 04, 2014, 05:03:18 PM
 #8

Wasn't there supposed to be a bunch of these ATMs in UAE recently? I was really looking forward to the oil kings cashing out and sending money back home to their families and such. I would think getting one of these on every major college campus across the US and the world would be great for priming the next generation for cryptos, similarly to what's going on at MIT albeit w/o the freebies. Tho, after the merits of the MIT case study can be analyzed, that may be the way to expand use too.
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May 04, 2014, 07:03:13 PM
 #9

Wasn't there supposed to be a bunch of these ATMs in UAE recently? I was really looking forward to the oil kings cashing out and sending money back home to their families and such.

There is at least one Bitcoin ATM operating from the city of Dubai, United Arab Emirates. More ATMs are planned in Sharjah, as well as in other major cities within the Emirates.

http://www.thenational.ae/business/industry-insights/finance/dubais-first-bitcoin-atm-opens-up-currency-debate

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May 06, 2014, 06:35:41 AM
 #10

I'm glad to hear it!
 I believe that Canada and the U.S. are  the best countries for the development of Bitcoin.  Therefore it is necessary to develop a system of ATMs  in these countries first of all.
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