DOLLAR Wants to Install 5500 Bitcoin ATMs Worldwide by 2016

DOLLAR Wants to Install 5500 Bitcoin ATMs Worldwide by 2016

A group of investors has launched a funding initiative on Indiegogo to establish an international ATM network that will support bitcoin, local e-currencies and the network's own cryptocurrency called DOLLAR. The investors hope to create a decentralized electronic currency similar to bitcoin with low or no fees and faster transactions. The current fundraising campaign goal is $100,000 with 20 days to go as of Feb. 12, 2015. The campaign was well short of this goal at this writing. In the short term, DOLLAR will install 20 ATMs (aka BTM). A longer-term goal is to have 5,500 ATMs worldwide by....


Related News

Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Le...

Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but in phases.” Athena Bitcoin said Thursday that it plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, particularly where residents receive remittances from abroad, Reuters reported, citing a company representative. The firm expects to gradually install about 1,500....

LTNM and OSO ATMs Enters Into a 3 Year Partnership to Install LTNM ATMs in th...

PRESS RELEASE. Palo Alto, CA – LTNM, the next generation, insured asset-backed cryptocurrency, is proud to announce an exclusive partnership with OSO ATMs, one of the biggest ATM providers, to help install 100,000 LTNM ATMs across all fifty states in the United States. Developed by Monsoon Blockchain Corporation on behalf of the LTNM Foundation, LTNM is a greener, faster, and more secure version of Bitcoin, capable of managing massive crypto transactions while being highly efficient in terms of cost and scalability. As part of its plan towards crypto-adoption, LTNM has....

Spain overtakes El Salvador to become third largest crypto ATM hub

Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.Crypto ATM distribution....

Charted: Ripple (XRP) Rallies 10%, Why It Could Outperform BTC and ETH

Ripple started a strong increase from the $0.4400 support zone against the US Dollar. XRP price is now trading well above $0.5500 and it is likely to continue higher above $0.6000. Ripple is up over 10% and it cleared the main $0.5000 resistance zone against the US dollar. The price is now above $0.5500 and […]

Charted: Ripple (XRP) Consolidates Gains, Why It Could Revisit $0.60

Ripple gained bullish momentum above $0.5000 and $0.5500 against the US Dollar. XRP price remains attractive on dips and it is likely to climb further above $0.5750. Ripple gained strength and it even spiked above $0.5500 against the US dollar. The price is now trading nicely above $0.5000 and the 100 simple moving average (4-hours). […]