Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....
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Las Vegas-based bitcoin ATM specialist RoboCoin has revealed new plans for this week's upcoming South By Southwest (SXSW) Interactive festival, set to begin on Friday 7th March and run through 11th March. SXSW is one of the more notable events on the annual tech calendar, having helped launched major brands such as Twitter and Foursquare. Robocoin, which debuted the first bitcoin ATM in Vancouver in October to massive fanfare, has a similarly stylish rollout planned for its SXSW debut. Robocoin will launch four ATMs around the city to raise bitcoin awareness at the event. The result,....
In December Andrew Wilkinson, founder of MetaLab, and his friend Rajiv, founder of Sparklit, started getting excited about BitCoin. They both have full-time jobs running their companies, but they think Bitcoin is super cool, so when they heard about the Robocoin Bitcoin ATM they bought one for their hometown, Victoria, Canada. They figured it would be a fun little side project and a good way to help move Bitcoin forward. 10 months and $25,000 later, they think were we wrong. Also read: Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. In December they wired Robocoin $20,000 for....
Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....
Robocoin, a Bitcoin based company in Las Vegas, Nevada, has announced that they will be launching a new project called Robocoin Bank. The new project will take all existing Robocoin ATMs and turn them into banking branches. Through software updates, they plan to add features that allow users to bank using Bitcoin. Robocoin is offering the chance to start your own branch of Robocoin Bank by purchasing and operating one of these Robocoin Kiosks. Robocoin Banking functionality should be fully online starting summer of 2014. The new features will allow users to open a Robocoin Bank account in....
Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin's new compliance standards. In response to Robocoin's move to enforce AML/KYC compliance for all of its ATM operators (even non-American ones), some Bitcoin enthusiasts have banded together to port Lamassu's open source Bitcoin ATM software to run on Robocoin's hardware. Currently, the Lamassu Robocoin ATMs only have buy functionality; however, both sell and optional AML/KYC features are also in the works. Also read: Bitcoin ATM Disappointment and the Huge Bank-like Fees for Using Them. New....