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Author Topic: Ukraine launch a buying method of bitcoin ... with 4900 ATM and SMS activation.  (Read 1407 times)
Meuh6879 (OP)
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July 11, 2014, 04:37:11 PM
Last edit: July 11, 2014, 05:28:30 PM by Meuh6879
 #1

 http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

Quote
The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

After depositing cash in a terminal, purchasers receive a voucher containing an activation code either on a printed receipt or via an SMS message to their phones. They can then go to BTCU’s website to enter the activation code and claim their bitcoin.



Big ?

Big Huh

Big !!!  Cheesy


EDITED: wrong country in title.
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sickpig
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July 11, 2014, 04:43:45 PM
 #2

http://www.coindesk.com/5000-terminals-across-ukraine-now-offer-bitcoin-cash/

Quote
The network, which is operated by the country’s National Credit Bank, allows customers to buy vouchers for bitcoin from a new company called BTCU.

After depositing cash in a terminal, purchasers receive a voucher containing an activation code either on a printed receipt or via an SMS message to their phones. They can then go to BTCU’s website to enter the activation code and claim their bitcoin.



Big ?

Big Huh

Big !!!  Cheesy

s/russia/ukraine/ ?

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Lethn
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July 11, 2014, 05:03:48 PM
 #3

Looks like really big news actually, this is the first we've seen of a bank never mind one currently in the middle of a civil war accepting and openly trading Bitcoin.
Meuh6879 (OP)
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July 11, 2014, 05:09:43 PM
 #4

s/russia/ukraine/ ?

Oups.  Tongue
Jesu
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July 11, 2014, 09:54:00 PM
 #5

Hmm, so these are exisiting fiat atms being utilised?
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July 11, 2014, 09:56:06 PM
 #6

Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.
seriouscoin
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July 11, 2014, 10:15:04 PM
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Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.

actually as the turmoil happening there, wealth is one of the most concerned subjects.

Rolling out ATM all over the country can not be at any better time but NOW.

btw, you dont buy btc directly from the ATM (meaning no wallet addresses being exchange at the terminal). You buy voucher which can be used to buy BTC online. Its an extra step but very reasonable as the regular ATM isnt equipped for btc wallet.

DubFX
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July 11, 2014, 10:22:15 PM
 #8

Sucks what is happening there currently as we can't get alot of people fighting for their freedom focus on the bitcoin but instread they have way more important things to do.

actually as the turmoil happening there, wealth is one of the most concerned subjects.

Rolling out ATM all over the country can not be at any better time but NOW.

btw, you dont buy btc directly from the ATM (meaning no wallet addresses being exchange at the terminal). You buy voucher which can be used to buy BTC online. Its an extra step but very reasonable as the regular ATM isnt equipped for btc wallet.


Well, we all have our own opinions on this i think.
Does that mean that it could theoreticaly work even offline?
chaosPT
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July 11, 2014, 10:24:51 PM
 #9

A bank has accepted bitcoin !
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July 11, 2014, 10:31:42 PM
 #10

Is this a possible solution for China?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
SirChiko
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July 11, 2014, 11:27:28 PM
 #11

Is this a possible solution for China?
That could possibly be, but if it will spread too mutch the goverment may try to ban even these machines.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
seriouscoin
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July 11, 2014, 11:50:17 PM
 #12

Is this a possible solution for China?

uh,..... HELL NO.

LOL whoever sells vouchers will be shot or sent to concentration camp where they're waiting for organ harvesting.
Erdogan
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July 12, 2014, 09:43:37 AM
 #13

Is this a possible solution for China?

uh,..... HELL NO.

LOL whoever sells vouchers will be shot or sent to concentration camp where they're waiting for organ harvesting.


The customer is identified when he cashes the voucher (converts the voucher to bitcoin). It is probably good enough for the dominators.

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July 12, 2014, 09:51:08 AM
 #14

What is the volume after the AMT go live?
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