Mexico Deploys Initial Cryptocurrency Automated Teller Machines
In an exciting development for the city of Tijuana, a company named Bitcoin42 is set to install cryptocurrency Automated Teller Machines (ATMs) in the BIT center (Business, Innovation and Technology), located right below the border from San Diego. This will mark the first time Bitcoin42's ATMs are being installed in Mexico.
The ATMs will offer the purchase of Bitcoins, Litecoins, and Dogecoins. However, customers will only be able to buy a limited amount of Litecoins and Dogecoins due to undisclosed reasons. The fees for using the ATMs are yet to be revealed, but they are expected to be relatively low, reflecting Bitcoin42's commitment to aid local communities.
Bitcoin42, with its motto "Think Global, Act Local," has made it clear that 10% of all profits generated by the ATMs will be donated to local non-profit associations in Tijuana. This move underscores the company's ethical and social responsibility, as well as its primary objective to contribute positively to the development of all living beings, both now and in the future.
Users of the ATMs will have the opportunity to choose the cause they want to donate to, contributing to the transparency and community involvement that Bitcoin42 promotes. The company's business model focuses on cultural, social, ecological, and economic projects that address societal challenges by creating innovative solutions.
At present, no information is available regarding any partnerships or affiliations with BetUS. Bitcoin42 made an official statement about the ATMs on Bitcointalk forums, providing some details about the project. However, more specific and current information can be found by checking Bitcoin42’s official announcements or local news sources in Tijuana.
As the installation of the ATMs is still ongoing, further details about the ATMs, their supported cryptocurrencies, and charitable contributions from profits may become available in the near future. Stay tuned for updates on this exciting development in the world of cryptocurrency.
The ATMs, powered by Bitcoin42, will offer the purchase of not only Bitcoins but also Litecoins and Dogecoins. The company's philanthropic approach is evident as they have pledged to donate 10% of the ATMs' profits to local non-profit associations in Tijuana, allowing users to choose the cause they want to support.
