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Originally Posted by Dirty F
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Cheers Franck
So instead of one ATM there is going to be around 4 ATMs "soon" in two locations and no immediate info on when ATMs will be rolled out in other countries. Hmmmm
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So far, Berwick has used his personal savings to develop the software and build out the first prototype. He is currently hoping to raise between $1 million and $3 million in outside capital to get more ATMs in the hands of operators.
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IMO it'll take a very long time to roll out if that's the type of capital he's looking to raise
The most important info in that article is this
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That said, the economic turmoil in Cyprus was the main catalyst for the recent Bitcoin spike. And with no end in sight to Europe's sovereign debt crisis, more financial tremors in the eurozone seem likely.
"If Cyprus happens in Ireland next or Spain or Italy, more people will start coming to Bitcoin," Berwick said
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