2900 Bitcoin ATMs in the pipeline for Australia
Australia could see more than 2900 Bitcoin-enabled ATMs in operation, in a joint venture between StarGroup and DigitalX.
The joint venture between the 2 companies will see 2900 of StarGroup's exisitng ATM be equipped to convert Bitcoin into cash, and cash into Bitcoin.
It appears that Bitcoin has reached the stage where mainstream large scale ATM rollouts are becoming economically viable. The project is dependant on Stargroup developing software for their ATMs to process Bitcoin transactions, and for DigitalX to deliver an API to facilitate them.
Australia currently only has 16 Bitcoin ATMs, mainly in Sydney and Melbourne.
More info can be found at itnews.com.au.
Whaaat? That would be awesome!! And then Bitcoin's price will have a nice spike again 😆
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STOPShame about that CGT tho amirite, lol.
Pretty good news! I bet Sydney, Melbourne, Queensland will do well for these ATMs (Popular states). I'm guessing Perth (I live in Perth) will be last or even in line with Tassie and NT. Maybe on par with Adelaide lol.
I hear you on that. I'm in Perth too. We may get some on the back end of the roll-out, but you never know. There aren't many Star ATMs in Perth...
You should join the #teamaustralia community on PAL Discord. Tell them @bmj sent you. https://discord.gg/N6Sch4
There's is one in Freo, a shop called Freo's Finest. I'm gonna check it out later when I get the time.
Thanks for the invite. Just joined.
Excellent! I just missed you.
Good to know where tha ATMs are, but not sure if and when the upgrading will start. It's probably still in early development stages for now.
one day there will be no more paper money, only cryptos, but controlled by government anyways...
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interesting info...following
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