There is a bitcoin ATM in Japan and how it's look like

in #bitcoin6 years ago (edited)

The Bitcoin ATM in that allows users to buy or sell bitcoins cryptocurrency using cash as well.
Bitcoin ATM machine is an internet machine that allows a person to exchange bitcoins and cash.
There is also some of the Bitcoin ATM machine offer bi-directional functionality enabling both the buy of Bitcoin as well as the redemption of Bitcoin cryptocurrency for cash.
It also the Bitcoin ATM providers require users to have an existing account to transact on the machine.
Now days the Internet able to connect students to their peers in other parts of the world.
It also can bridge the quality gaps.
Coming soon in furture in education the information technology can be a life changer, a game changer for children who are both in school and out of the school.
Now days Technology can bring textbooks to life.
The Information technology (IT) and business are becoming inextricably interwoven.
Don't think anybody can talk meaningfully about one without the talking about the other people.

Jplaybitcoinmachine2.jpg
Image credit coinatmradar

Bitcoin ATM machine is not like the ATM machine in the traditional sense and probably use the wording ATM as a neologism.
The Bitcoin kiosk is a machine which are connected to the Internet, allowing the insertion of cash in exchange for bitcoins and then given as a paper receipt or by moving money/cash to a public key on the blockchain technology.By the way hope can find Bitcoin ATM machine all around the world.

Jplaybitcoinmachine1.png
Image credit coinnut

The bitcoin ATM machine they look like a traditional ATM machine, but Bitcoin machine kiosks do not connect to a bank account and is instead connect to the user directly to a Bitcoin exchange.

Jplaybitcoinmachine.jpg
Image credit Image credit coinatmradar

Information Technology is like an art, is a soaring exercise of the human imagination.
The number one benefit of IT or know as information technology is that it empowers people to do what they want to do.
Information technology lets people to become creative and also productive.Information Technology lets people learn things they did not think they could learn before,and so in a sense it is all about potential.
In the world very great human, every successful human, has known the magic that lies in these words: every adversity has the seed of greater benefit,no matter what the field of endeavor.
The Bitcoin cryptocurrency ATM machine were reported by Brian Krebs in year 2016 to be rising in popularity for money muling,Bitcoin cryptocurrency ATM machine is a type of money laundering where money is moved out of banks to extorters.
Every time there is a new tool, whether it is Internet,cell phones,electrical device or anything else, all these staff can be used it for good or evil.
Technology is neutral; it is really depends on how it is used by the user.

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As a Bangladeshi we are waiting for this type of ATM. Best wish for japan. I don know when bangladesh government understand the criptocurrancy. Thanks for nice post.

Only downside with these ATM's they charge a decent fee.

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