The % of people in this world who are even aware of crypto currencies or their potential is effectively zero. China is not even able to buy bitcoin atm, there is no ETF, only 20 mio users and we are at 5600 USD - WTF
The only bitcoin ATM remaining in China was intentionally disabled and functions as an ornament
From Google Translate (slightly edited for readability): "The bitcoin ATM machine [installed for beta testing a week earlier] has been removed." "Due to policy considerations, [our bitcoin ATM] will not be released again in mainland China." "This leaves one remaining Bitcoin ATM in China -- Bit China (Shanghai)'s Lamassu machine, which was intentionally disabled after the country issued a virtual currency ban. [It cannot be operated and functions as an ornament.]" It appears that this bitcoin ATM was a "beta test" machine that does bitcoin vending only. Instead of inserting cash, the customer pays for the purchase using Alipay or WeChat Pay. But the seller of the bitcoin is not the bitcoin ATM operator, the seller is from a P2P marketplace. So the buyer's payment goes directly to the seller. The machine distributes a card with a QR code, which is [either a private key ??, or perhaps a voucher that can be redeemed online and the bitcoins are then withdrawn to the buyer's BitPay wallet].
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Bitcoin im Zombie-Modus? BTC besser als Aktienmarkt in 2020? ATM Einbruch
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