An Interview With Coinme, the Company Behind Seattle's First Bitcoin ATM: "I’ve talked to a lot of people that think Seattle could be the future financial sector for cryptocurrency because we have the talent necessary to run the industry"
Hello, Been wanting to jump into the fray with Bitcoin for a time, but have been dragging my feet. Now that we've got a bit of a dip going, I'm circling back to this. I'm not sure how things worked back in the old days, but I guess it was far easier to acquire bitcoin anonymously than it is now? I'd prefer to make my purchase as anonymous as possible. I've got a mycelium wallet set up, I've got my seed words backed up, and now I'm just looking for a way to purchase. I've tried the CoinSource atms and CoinStar machines, both of which require a scan of an ID and personal info to make a purchase. Not ideal. Also, I'd heard that some of them give you a printed paper wallet that you can transfer into your own wallet, and that the funds don't eventually show up. The Mycelium Wallet has a P2P option for buying from locals, but none of them want to meet in person due to COVID, and most of them are wanting to do this virtually with an exchange of gift cards, which seems scammy. Also, I'd heard that with some exchanges, you have to hold the coin in their wallet, rather than transfer it into your own cold storage wallet, so it's possible that you aren't fully in possession of the funds, and if the exchange went under or was hacked, your funds would go with it. Can anyone offer suggestions about how to buy with cash, or to use some sort of exchange while giving up minimal personal information? I'm in Seattle, if that's relevant to any advice givers. Any help is appreciated. Thx! -X
Here's why I think Bitcoin Core is right, but Bitcoin Cash was necessary
My name is Michael. I am currently downloading Bitcoin Core on my iMac, and it's taking 4 weeks (because I'm destinationing it to my external drive, via gigabit internet). I figured I'd speak to the community that I've been lurking, while that does its thing. I am a true believer, since 2012, when I first discovered it via reddit. I co-founded a crypto company in 2013, which now has 20 people, of which I prefer to keep anonymous. I live in Seattle. I have an Electrical Engineering degree, and have been coding software since High School, because I was very unpopular. I dedicated my life to startups when I was 15. The rest of my life has been the implementation of that decision. I have been the first mover in 2 industries; created them, depending on who you ask. I am an ENTP. I grew up feeling powerless, and have spent most of my life pursuing power. I have always worked on my own startups. Our generation has witnessed 6 revolutions so far. We're blessed. I went all-in on Bitcoin when it was $20. I knew it when I saw it. I didn't need convincing. Bitcoin Core, sucks and is amazing. The people leading Bitcoin Core, fundamentally suck. I do agree that it's been taken over by corporate interests. I also believe that it's decisions around power, are fundamentally correct. Lightning Network, is an incredible idea, but a disaster. Bitcoin Cash, is basically amazing. The people leading and supporting BCH, are smart, industrious, and making a difference. Everyone seems bitter. I hope to add clarity that both were right, about different sides, of the same 3d object. It was never about money. It's about Power. Here's why Bitcoin Core did the right thing:
BTC is the first fundamentally fair money. It's not racist - everyone is equal.
It gives individuals equal footing to the giants.
That footing is based upon the way we make it, the way we distribute it, and the way we trade it.
Anyone can make it.
Everyone receives it, equally. (electricity is available everywhere-ish.)
Anyone can trade it, equally, without America's say-so.
Try to sell Oil for Euros, and you'll get what I mean.
This is the largest redistribution of power that humanity has ever seen.
Large blocks make it harder for individuals to be nodes.
Loss of individuals, means centralization to those already with power.
The purpose of BTC was to distribute the power to the people.
Large blocks centralize the power.
It must be small blocks. Period. Stop complaining.
It's not about buying coffee. It's about Power, stupid.
Core, did what they had to do: - Keep Individuals, which means keep small blocks, with an unchanged cadence. - The consequence is that the use-case changed. * The use-case changed from "use" to "save" * Sorry, that's the consequences of the purpose. * But that's not the end of the story. Doing the right thing is hard. That's the hard thing about hard things, they're hard. We feel the fear, and we do it anyway. I didn't realize that Bitcoin ATMs required licenses when I bought them; I fucked up; but then I fixed it. Core, had the right idea: - In order to deal with the loss of the "use" use-case, we need a layer-2 solution. - In my opinion, the layer-2 is better served by Bitcoin Cash. - In their opinion, the layer-2 is better served by Lightning. * They fucked it up. - (clarification: In my opinion, Layer-2 means, "A way to Faster_Cheaper_Activity, on top of value.") * Lightning is Faster_Cheaper_Activity, on top of BTC value. * BCH is Faster_Cheaper_Activity, on top if its own value. Unfortunately, there were large consequences, and it has hurt everyone. And that's where Bitcoin Cash saved the day.
BCH keeps the initial vision alive, by restoring the original use-case.
BCH keeps the individual involved (good enough; for now).
BCH keeps the brand in-tact, for both.
Core does not need a community, because their goal is "power"
Cash needs a community, because their goal is "usefullness"
In the words of Marcus Aurelius, see a thing for what it is.
Let me say this another way:
Bitcoin Core gives power over value to the individual.
Centralization of nodes to powerful people, undermines.
Usefulness doesn't matter.
Bitcoin Cash gives power over trade to the individual.
Centralization of nodes to powerful people, doesn't matter.
- Usefulness matters.
First, we conquered each other for Women and Sheep.
But those die eventually, and your kids need to be skilled at keeping them alive.
Second, we conquered each other for Gold.
This allowed generations and dynasties.
It doesn't decay/rust/die.
It keeps score.
Enough people generally wanted it, and would do things for it.
But now you need to guard it, which sucks.
The big guys had vaults, the small guys didn't have vaults, business opportunity.
Third, we gave it to the guy with the strongest vault.
They named themselves banks.
They started giving out "paper slips" as a receipt.
They needed to monetize the expenses related to having a vault.
They started giving out receipts as loans, and charging for receipts in exchange.
They cheated, and gave out more receipts than they had.
They got caught.
Fourth, Oil became the thing with most value, but we 'use it', instead of 'store it'
Essentially, instead of valuing a "thing", we started to value a "flow"
Fifth, WW2 happened, and America was left standing.
They took the oil, and forced everyone to use USD to buy it.
The USA became the bank.
If you step out of line, you're cut off from USD, thus cut off from oil.
Ask Iraq how their Euro for Oil thing worked out.
Sixth, the USA started to cheat. (history repeats).
That cheating, hurt individuals.
How we make USD, how we distribute it, and how we use it, are fundamentally corrupt.
If you save USD, but piss of USA, they punish you by invalidating your wealth.
Seventh, BTC saved us, in terms of "store of value" (you can't invalidate me, bro)
Eight, BCH saved us, in terms of "ability to trade" (you can't shun me, bro)
BTC is the first "power as a human right"
BCH is the first "trade as a human right"
ETH is the first "computing as a human right."
I posted this here, instead of /Bitcoin, because they aren't doing it right. They corruptly stifle conflicting opinions. I didn't want my authentic sharing, to cause me to be banned. It's not fair, and they suck for it. I hope this helps. TLDR: BTC gives us money as a human right. BCH gives us trade as a human right. We're both right. Except Lightning, because that shit is broken.
The map is provided by Google and shows the exact locations of the closest Bitcoin ATM’s to you. About Bitcoin ATM’s. Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now. If the ATMs are to help push bitcoin further into the mainstream, then more consumers may be seeing machines, like the one that went live at Flat 128 in August. The machine, operated by PYC, lets ... SEATTLE — The first Bitcoin ATM has arrived in the northwest. Seattle-based Coinme fired up the ATM for public use Thursday afternoon at the Spitfire Grill in Belltown. The ATM was built by Robocoin, the main distributor of nine other Bitcoin ATMs scattered around the world, including one in California and another in Texas. It’s not your typical ATM, because this one allows users to buy or ... Bitcoin ATMs in Seattle, United States Total number of Bitcoin ATMs / Tellers in and around Seattle: 11. Coins: Bitcoin (BTC) Lightning BTC (LBTC) Bitcoin Cash (BCH) Ether (ETH) Dash (DASH) Litecoin (LTC) Zcash (ZEC) Monero (XMR) Dogecoin (DOGE) Tether (USDT) Ripple (XRP) Operations: Buy Sell. Location type: ATM Teller Other "Other" services are visible with larger zoom. Zoom in. Featured ... Find bitcoin ATMs in Washington. active scam pending. Northgate Mall - Coinme. 401 NE Northgate Way Seattle, WA - 98125 Direction: Fiat → Crypto ATM type: Coinme Limit: Unknown Hours: Mon-Sat: 10:00 am – 9:00 pmSun: 11:00 am – 7:00 pm Details. Capital Mall - Coinme. 625 Black Lake Blvd SW Olympia, WA - 98502 Direction: Fiat ⇄ Crypto ATM type: Coinme Limit: Unknown Hours: Mon-Sat: 10 ...
Using CoinMe Bitcoin ATM machine at Southcenter, WA Ryan Conley BitClub Network
Last year, Vancouver, Canada launched the world's first bitcoin ATM machine. Now, Seattle is home to the first bitcoin ATM in the Northwest U-S, making it the fourth one in the entire country. One super convenient way to purchase bitcoin is with a bitcoin ATM. Here is a step-by-step guide! Note: Regulations differ for ATMs depending on where you're... Mike Tyson Bitcoin ATM [email protected] China. Trip to Infected Zone. What's Fake and Truth about Coronavirus (COVID-19) // How People Live - Duration: 31:36. The People Recommended for you Bitcoin entrepeneur Ryan Conley with BitClub Network and FutureNet demos the Bitcoin ATM at the Southcenter Mall near Seattle, WA. Soon BitClub Network is launching their own ATM network across ... BITCOIN ATM Makes BUYING and SELLING BITCOIN SIMPLE Manufacturer Lamassu is ending 2013 on a high. The company has just announced the sale of its 100th bitcoin ATM, and more than 120 orders. To ...