Argentina Bitcoins Legal Services
Bitcoin has great power: and is indeed a form of money because hundreds of thousands of people have agreed to sanction it as such. It is easily converted to dollars or to the purchase of products.
Modern day millionaires: are being created every year by being involved in the industries surrounding this new and exciting form of money.
Understanding Bitcoin: is not nearly as important as understanding Bitcoin industries, markets, vendors and where you as an investor or business owner fit in.
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The wave of the future is here, and it is here to stay. Bitcoin is used by hundreds of vendors large and small as a form of payment. I will explain and guide you in:
- Mining Contracts (purchasing and selling)
- Bitcoin wallets
- Bitcoin payments
- Mining Rigs
- Regulation and Tax issues
- Converting Bitcoins to dollars
- Converting Bitcoins to gold and silver
- Litecoins and other “Cryptocurrency”
- Alternate currency and politics, what to avoid, what to pay attention to
- Scams and shams
Argentina Bitcoins Attorneys Services
Everything you need to get up and going, whether you want to set up your own computer mining “rigs” or invest in contracts. Please understand that this is a highly speculative and risky adventure and not for the timid. But the rewards are potentially lucrative and it is ALWAYS exciting!
2000 ATMs compatible with cryptocurrency will be installed in Argentina
The first ten units will be operational by the end of the year and will allow to operate with bitcoin, ether, litecoin, cash and credit card
Buy bitcoins, ether or litecoin with tickets or credit card at the same ATM? It looks like a distant prospect for Argentina, but it would be just around the corner if the news revealed to THE NATION Sebastián Ponceliz, CEO and founder of Odyssey Group US, a company that sells ATMs to individuals.
According to this Argentinean established in the United States for more than 20 years, our country is about to position itself at the forefront in the adoption of this type of technology. A group of non-bank companies already closed a deal with their company to install 2000 of these ATMs in Argentina, of which at least 10 will be operational by the end of the year. “We tried to take them this month but for customs issues of electrical safety we did not arrive,” he said.
The first units will reach the cities of Buenos Aires, Córdoba and Jujuy. “Starting in May of this year, the Central Bank (BCRA) issued a regulation allowing private individuals to operate ATMs. We talked about this with officials of the entity and started up,” said Ponceliz, who already manages ATMs in Mexico, Brazil, Colombia and Spain, among other countries.
The ATMs will use the Octagon platform, which allows them to operate with cash and cryptomonedas and even opens the door to more complex operations, such as the granting of microcredit. “It is a platform for financial inclusion, because it enables people who are not linked to digital currency to link through the machine,” he said.
knows the land
“In the United States we operate the business end to end.You want a cashier, we buy, install, program, maintain, charge and receive the rent. transactional platform ready to be connected to the country’s transaction gateway, “he said.
Although Ponceliz is not at liberty to comment on who are the customers that will manage these ATMs, it did reveal that among them there are chains of supermarkets and pharmacies, means of payment and non-bank financial institutions in the interior. “They are not just big customers, we have many different profiles,” he acknowledged.
In the case of cryptones, the price will be determined from the value published in the main trading sites. “It’s arbitrary,” Ponceliz admitted. “It’s still a Far West that is not regulated. To avoid that we’re going to take public quotes.”
According to the businessman, our country concentrates only 14,000 of the six million ATMs operating around the world. All this can change thanks to the legislation approved by the BCRA in May. “We are talking about installing 20,000 new units in 2018. I think the market gives 30,000 or 50,000 more. We have many proposals, but not all are closed.”
Argentina Bitcoins Lawyers Services
Are you in need of an Buenos Aires Bitcoins & Cryptocurrency Lawyer in Argentina? Contact us today to schedule a consultation.