Bitcoin atm identification
What might the people running bitcoin ATMs do with that information? We reached out to both CoinMe and Robocoin , another bitcoin ATM service using biometric authentication, with concerns about how they would handle our personal information.
These regulations require personally identifying information in order to conduct financial transactions, and are meant to prevent money laundering and the funding of terrorism. Are these regulations truly in place to keep us safe? Or do they actually enable crime on behalf of the politically connected and those who control such a system? Simply present your QR code, insert money, and watch the bits rain down into your digital wallet. As technology takes the world beyond centralized currency, the United States will also have to change with the times.
Government cannot effectively regulate bitcoin anyway. It is beyond one nation, beyond the federal reserve, and beyond the NSA.
There are fundamental questions about privacy and the role of government that need to be answered. Other nations do not have such ridiculous control over such an amazing technology. When personal computers can easily and privately purchase bitcoin online without biometric scanning, it seems absurd to force biometric authentication for bitcoin ATMs.
The United States is significantly behind the times. Avai is a jack-of-all-trades multimedia artist with a passion for storytelling. He's worked in film, animation, comics, and video games. You can find his work at avai. Litecoin transactions are irreversible so if a paper wallet is lost,… Read More. This will help a lot in making sure your transaction confirms quickly so you get your cash and go! Be careful with the paper wallet since it holds all the funds sent to that Bitcoin address.
Bitcoin transactions are irreversible so if a… Read More. In Chicago we will be installing more… Read More. There is a growing need for Bitcoin ATMs which can be accessed around the clock and preferably come in the form of two-way machines. RocketItCoin is on the right track by the look of things. This is our 9th location, more to come!!! Get your… Read More.
Want to buy Bitcoin? Find our ATM locations. Exxon Tara Blvd. Teutonia Avenue, Milwaukee, WI