Deploying 1,500 Bitcoin ATMs El Salvador

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Bitcoin ATM company Athena Bitcoin has reportedly started installing the 1,500 bitcoin ATMs it promised the country’s president after a law making BTC a legal tender in the nation was approved.

El Salvador’s President Nayib Bukele “presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,” Athena Bitcoin director for Latin America Matias Goldenhörn told Reuters. “Initially we are going to bring dozens of machines, (we’ll) test what the business model is like in El Salvador, which will probably be different than in the United States.”

Athena installed its first bitcoin ATM in El Salvador last year for the Bitcoin Beach community in El Zonte. Now, a few days after announcing the new ambitious intention, Athena has reportedly begun installing its machines. The country’s second ATM for selling and buying bitcoin was established in the commercial center of La Libertad.

A Bitcoin ATM company has reportedly started deploying 1,500 of its machines to help El Salvador become a BTC nation.

El Salvador’s first bitcoin ATM in the Bitcoin Beach community in El Zonte. Source.

A Bitcoin ATM company has reportedly started deploying 1,500 of its machines to help El Salvador become a BTC nation.

El Salvador’s second ATM, in the La Libertad commercial center. Source.



Source link Bitcoin Magazine

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