Month:

10 Best Bitcoin ATM Machines – Start Your Own Business

Bitcoin ATMs are are new! Thus, they are not widely used. In fact, according to Coinatmradar, there are roughly 5.000 crypto ATMs installed around the world. This pales in comparison to fiat ATMs.

The number of installed ATM’s continues to grow – the total number of Bitcoin ATMs hit the 1,000 installation mark in early 2017. And, it’s North America that has the lion’s share of them: almost 75% !! Other notable countries include the United Kingdom, Austria, which dominate in Europe, and also, Russia and the Czech Republic.

If you want to start your own Bitcoin ATM business, you will need to do some research on the ATMs and their manufacturers. We will help you start your research, by giving you our list of the 10 best Bitcoin ATMs.
(more…)

13 Best Bitcoin Documentaries – Must Watch!

Bitcoin and cryptocurrencies are the new revolutions of the digital age. Bitcoin is decentralized digital money that can be sent from one place in the world to another, safely, and with typically nominal fees. There are no middlemen, it’s publicly encrypted and ready to use. But the mechanism behind it is quite complicated and not easy to understand. This is where Bitcoin enthusiasts and professionals start looking for more sources of information, and most especially for bitcoin documentaries.

We have mentioned before how important it is to learn about crypto technologies as much as possible in order to operate successfully in the crypto world. One can read blogs, read books, subscribe to YouTube channels, listen to podcasts or watch cryptocurrency documentaries.

Documentaries are an excellent means of entertainment as well as information. It’s a great medium for educating audiences all over the world on their subject matter. So, it’s certainly fitting that a number of bitcoin documentaries have been produced.

These films will let you learn about Bitcoin, altcoins, and blockchain, and will also explain why it was started and how the traditional banking system works.

The story of digital gold is full of dramatic twists and turns, such that it’s fit for a Hollywood production. In fact, here is our list of the 13 best bitcoin documentaries.

1. The Rise and Rise of Bitcoin

This is one of the best bitcoin movie that shows ups and downs of the first digital currency. Also, it introduces you to how the mining industry evolved during these years and Bitcoin got its physical face.

A computer programmer becomes fascinated with the digital currency Bitcoin, and through his involvement in the Bitcoin community, we learn about the impending global impact of this amazing new technology.

The Rise and Rise of Bitcoin was filmed and written by Daniel Mross, a computer programmer, and two other Bitcoin enthusiasts Patrick Lope and Nicholas Mross.

2. Banking on Bitcoin

Banking on Bitcoin takes a look at what this revolutionary technology is and the players who are battling to define how it will shape our lives. It shows how most countries are still recovering from the effect of the financial crisis in 2009. The film is a great reminder of how volatile and risky the cryptocurrency and the world around is.

This documentary made by Netflix features interviews with enthusiasts and experts covering Bitcoin’s roots, its future and the technology that makes it tick. One can begin utilizing the blockchain technology through Coinbase, and get started with their first Bitcoin, Ethereum or Litecoin.

https://youtu.be/uPBIp-QO6UM

3. The Bitcoin Phenomenon

This Bitcoin short movie looks at the history, the ideologies, and the conflict between the politics of the early-adopters and the businessman pushing to take Bitcoin mainstream.

The leaders of the Bitcoin enthusiasts (including Gavin Andresen, the former lead developer; Jeremy Liew, a venture capitalist; Erik Voorhees, one of the notable libertarians in the movement; Fred Ehrsam, co-founder of Coinbase; Peter Vessenes, head of the Bitcoin Foundation) were interviewed to share their opinions on the development of technologies.

It also elucidates why Bitcoin is important i.e. because it is able to solve the double spending problem that other attempts at digital money creation had.

https://youtu.be/IMJmd_tNhlM

4. Bitcoin: The End of Money (as we know it)

The End of Money takes you through a journey about the entire history and evolution of money. By identifying different forms of currency throughout history, the link between money and power is highlighted as a precursor to political and financial corruption. You’ll gain insight into the reason behind economic booms and busts, how government currencies are created, and how bitcoin was born as a reaction to all of this.

It was released in December 2014 and makes for a great film for families that want to understand Bitcoin’s History. If you’re curious about how inflation works and how bitcoin addresses the weaknesses of central banking – this is your must-see.

5. The Bitcoin Gospel

Is Bitcoin the blueprint for a bankless currency, or the biggest pyramid scheme ever? What if we could create money ourselves, without the need for banks? Money that can’t be forged, that will appreciate rather than depreciate, and that can be used worldwide without transaction costs. It exists, and some people consider it to be the digital version of precious Gold: Bitcoin.

If you’ve ever been curious about how a bitcoin transaction takes place, this Dutch-produced cinematography kicks off with prominent bitcoin angel investor Roger Ver explaining the basics of how it all works. The Bitcoin Gospel is a close look at Ver’s life dedicated to advocating for bitcoin. It also looks at the industry of mining and includes insights from others including Andreas Antonopoulos.

6. Magic Money: The Bitcoin Revolution

Released in January 2017, Magic Money: The Bitcoin Revolution introduces you to the first of its kind digital currency of the world that is about to give control over money to the people. It shares a storyline that takes you to the roots of Bitcoin and shows how the digital currency works. It explores the mysterious origins of Bitcoin, its role in society, and how it could shape the future of our world.

Magic Money paints a future where control of our money is taken away from global institutions and given back to us.

7. The Bitcoin Experiment

The Bitcoin experiment follows the global economic crisis of 2008 that led to concerns and questions being asked about the functioning of the global financial market. While most people at the time were turning towards Bitcoin to regain control, the documentary poses an intriguing hypothesis that seeks to uncover the truth of Bitcoin.

This is a blockchain documentary about digital currency that was possibly filmed by using a drone. Amund Sveen takes us on a road trip from Oslo via Copenhagen, Gothenburg, Stockholm and further up in Sweden. Along the way, he seeks out environments and meets people who have a relationship with Bitcoin, as users, lawyers, government officials, enthusiasts, and skeptics. The trip ends up in the small community of Boden in Norrbotten in the north of Sweden. Here he finds what might be called the Heart of Bitcoin.

8. The Bitcoin Story

This is a fast-paced series of conversations about Bitcoin’s founding, core technology, libertarian politics, and prospects of transforming financial services. The leading technologists, visionaries, entrepreneurs, and venture capitalist offer their perspectives.

A good, but brief discussion of the beginning of Bitcoin. The interviewees discuss the idea of digital money, and the concept of Bitcoin mining, but don’t go too deep into the details. Overall, a good discussion for moderate to mid-level technical people.

9. Life on Bitcoin

This is a 100-day social experiment conducted by one couple in 2013. They are trying to prove that it is possible to live on bitcoin on a daily basis, and that you can use it to purchase everyday items the same way you use credit cards or fiat money. They were to survive on the digital currency alone for a period of 100 days.

Considering the strides that have been made in recent months with more merchants and retailers accepting bitcoin. And back then the ecosystem was far less developed than today.

10. I am Satoshi

The movie, created by Tomer Kantor in 2014, presents creative story about Bitcoin. This is a 52-minute video investigates and explores bitcoin relationship with the wider financial system. It was produced with a mix of styles that bounces between guerilla filmmaking to literature research, studio sessions and video interviews, this documentary will get you intrigued by the misty that is Satoshi Nakamoto.

‘I am Satoshi’ asks whether bitcoin, an open-source technology, can usher in game-changing innovation within outdated currency, trade and payments systems.

11. Bitcoin Heist

This is an action film based on the bitcoin technology. The thieves in the modern cryptocurrency world are known as hackers. An Interpol agent sets out to catch the most notorious hacker known as the Ghost by assembling a team of hackers. The agent soon discovers there is no honor among thieves.

12. The Bitcoin Doco

The Bitcoin Doco is a mini-series on looking at the people who use Bitcoin in Australia.

Bitcoin potential to make a difference in people’s lives isn’t limited to those in developing countries or speculators hoping to get rich quick. The team behind ‘The Bitcoin Doco’ hopes to tell personal stories of the digital currency’s impact on people’s lives, focusing on the diversity of the bitcoin community.

‘The Bitcoin Doco’ will strive to provide context for bitcoin place in mainstream society in an approachable and comprehensive manner, while putting a spotlight on some of the many community members that contribute to the ecosystem’s growth.

13. Bitcoin: Boom or Bust

The American CNBC news has recently announced that it would be airing a documentary that would “explore the world of bitcoin.” In a press release issued a few days earlier, the description of the film sounded this way: “This documentary is an eye-opening journey that proves to be as informative as it is entertaining and unexpected. Lee offers viewers a rare look inside the wild world of bitcoin, uncovering the unusual landscape and cast of characters surrounding it, and ultimately, allowing viewers to take their own side in the crypto craze.”

Summing up

If you are curious why Bitcoin invention matters and why this is the most revolutionary invention after the internet, why not to spend a few days watching the best documentary about bitcoin from our list. You will spend great time and learn lots of new and interesting.

10 Best Bitcoin Debit Cards – Detailed Reviews and Comparison 2019

“Bitcoin Debit Card”. It has a ring to it, doesn’t it? In the 21st century, people have been using cash less and less. This is even truer now, as digital currencies are getting more popular! Some of us may prefer to use cryptocurrency instead of fiat currency for their purchases. However, much of the world isn’t quite ready for this. So, in order to pay for goods or services using crypto, one must first exchange it for fiat, like USD or EUR. Only then can the payment be made. This might sound a bit complicated.

Nevertheless, if a customer wants to pay in BTC, a merchant should be ready to accept it. And so, we would like to introduce to you the world of Bitcoin debit cards. These payment cards are real and are getting more widespread ever since 2015. Of course, they are still nowhere near as popular as the typical fiat currency cards. But who knows, this situation could change “overnight”!

If you are a forward thinker, you may want to consider using crypto debit cards. Here, we give you our list of the 10 best Bitcoin debit cards.

1. CoinsBank

• Card Type: MasterCard & VISA
• Supported Currency: BTC, LTC, USD, EUR, GBP, RUB
• Mobile App: Yes (Android and iOS)
• Anonymous: Yes
• Physical: Yes
• Virtual: Yes
• Advantages: Real-time conversion; Daily cashback bonus
• Disadvantages: free shipping only for premium users; complex and not transparent ownership.

CoinsBank is a financial institution, as well as a secure online platform for buying, selling, transferring, and storing cryptocurrencies. It offers an option for both buyers and sellers of bitcoin. Using bitcoin in whatever way is as simple as tapping on a button. CoinsBank is aiming to create an open financial system for the world and to be the leading global brand for helping people to operate with cryptocurrencies and use them for the needs of daily lives.

Your Debit Card and CoinsBank Wallet are perfectly united. Simply add bitcoins to your wallet and the card is ready for use. Whether you prefer to shop online or visit your local store, the card is accepted worldwide.

Coinsbank currently works with the following cryptocurrencies:

• Bitcoin (BTC)
• Litecoin (LTC)
• Ethereum (ETH)
• Ripple (XRP)

This platform is very selective when it comes to the currencies that it will support. There are many different factors that determine whether or not CoinsBank will support a certain currency, and if all the CoinsBank criteria is met by the particular currency, it will be added. So keep an eye out for your favorite crypto and fiat currencies, as they may be added.

2. Wirex

• Card Type: Visa
• Supported Currency: USD, EUR, GBP, BTC, LTC, ETH, XRP
• Mobile App: Yes (iOS, Android)
• Anonymous: No
• Physical: Yes
• Virtual: Yes
• Advantages: Instantly convert and spend your crypto (Bitcoin, Litecoin, Ethereum and Ripple); Cryptoback
• Disadvantages: registration is not anonymous; long waiting for registration (up to 3days).

Wirex  is a provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, as well as cryptocurrency and traditional currency exchange and payment solutions. The company has offices in London, Singapore, Tokyo, Delaware, Toronto and Kiev.

Wirex achieved $1 billion of transaction volume in 2017. In April 2018, Wirex announced contactless debit cards and became the industry’s first major wallet and card provider to add new Litecoin functionality

The only place to buy, store, exchange and spend your crypto and traditional currency in-app or on desktop. You can easily spend your virtual coins like traditional money, in shops, restaurants, on public transport, ATMs and online. It also provides 0.5% crypto cashback whenever you do in-store purchases.

3. Cryptopay

• Card Type: Visa
• Supported Currency: USD, EUR, GBP, BTC, ETH, LTC and XRP
• Mobile App: Yes
• Anonymous: No
• Physical: Yes
• Virtual: Yes
• Advantages: Low commission; Free worldwide delivery; Chip & Pin cards are available.
• Disadvantages: not anonymous, as your name and email ID are required for registration; only EU citizens; higher prices.

Cryptopay was founded in 2013 as a wallet and payment platform where merchants and consumers can make transactions with each other while also being backed by the new bitcoin payment protocol.

Here you can receive, store, exchange, and send BTC, ETH, LTC and XRP; buy and withdraw cryptocurrencies to your personal SEPA bank account; buy Bitcoins, Litecoins, Ethers and XRP with a bank card; order a plastic or virtual prepaid card; and even open a corporate account and accept bitcoin payments from your customers.

No ID verification is required to order your Cryptopay Bitcoin debit card, but it is not anonymous, as your name and email ID are required for registration. And free worldwide delivery is within 3-10 days.

4. UQUID

• Card Type: Visa
• Supported Currency: USD, EUR, GBP, BTC, ETH, XRP, LTC and much more
• Mobile App: Yes
• Anonymous: No
• Physical: Yes
• Virtual: Yes
• Advantages: highest Bitcoin market price while converting your BTCs into GBP, EUR, or USD; Unlimited ATM withdrawals
• Disadvantages: Unavailable for US residents

UQUID provides a multi-cryptocurrency debit card issued by a UK-based company. It supports more than 40 cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin, Monero, Dash, Augur, MaidSafeCoin, Steem, and Dogecoin, etc.

You can link it directly to your bitcoin wallet and keep your money protected. And the UQUID account help you loading money into your card, keep track of your spending and balance.

Bitcoin debit card can be used whether you’re home or away, at any time of day or night, so there’s no need for cash. Wherever you use Bitcoin debit card, you are fully protected.

Your card can be shipped free to 178 + countries with no extra fees. It reaches to you within 2-3 working days.

5. SHIFT

• Card Type: Visa
• Supported Currency: USD, BTC
• Mobile App:
• Anonymous: Yes
• Physical: Yes
• Virtual: Yes
• Advantages: no maintenance fee, no Bitcoin conversion fee.
• Disadvantages: does not have its own wallet; available only for US

The Coinbase Shift card is a popular card in the USA which deducts balances directly from BTC, LTC, BCH, and ETH wallets. Only one cryptocurrency wallet can be tethered to the Shift card that’s accepted by over 38 million Visa-accepting merchants worldwide. The card costs $10.00 to order and has a 0 percent BTC to USD conversion fee. Domestic ATM withdrawals are $2.50 while international ATM withdrawals are $3.50. Shift cards can be connected directly with Coinbase, but also can be linked with a Dwolla account as well.

Visa cards generated by Shift, both physical and digital, provide full access to the best known payment network in the world.

6. Xapo

• Card Type: Visa
• Supported Currency: USD, EUR, GBP, BTC
• Mobile App: Yes
• Anonymous: No
• Physical: Yes
• Virtual: Yes
• Advantages: high level of security; strong capital structure.
• Disadvantages: not available in the U.S.

Xapo provides the tools you need to purchase bitcoins, then manage them through our easy-to-use online wallet, or store them in Xapo’s free, ultra-secure Vault. This platform is incorporated in Hong Kong , has an office in Palo Alto, California and operates Worldwide.

The company offers a popular cryptocurrency debit card that can be used online, at local stores and at ATMs to withdraw cash. The card is assured by VISA’s worldwide reliability and available with USD, EUR and GBP default currencies.

The card arrives within 10 to 25 days depending on the distance. Standard shipping is free, for an extra 55 USD DHL expedited shipping delivers the cards just within 7 days. Xapo services 129 in total including most countries in Europe, South-America and Asia, even China.

Unverified users may spend 2500 USD online and withdraw 1 000 USD cash maximum. Even unverified users must provide certain personal information, like name, email, phone number, country and date of birth.

The company charges €2.25 for ATM withdrawals, and PoS transactions are free. Xapo transfers have real-time conversion and users only pay bitcoin network fees for the card that’s also issued by the firm Mychoice. Xapo cards have no annual fees, and a 3 percent foreign exchange fee is applied for those types of purchase. Xapo cards are not available in the U.S.

7. WageCan

• Card Type: Visa
• Supported Currency: USD, EUR, GBP
• Mobile App: Yes (iOS)
• Anonymous:
• Physical: Yes
• Virtual: Yes
• Advantages: Available for USA and many other European countries; Over 30 million ATMs worldwide, bonus program.
• Disadvantages: Expensive card issuance fee; the website is not intuitive.

WageCan is a Taiwanese company that is providing blockchain based payment solutions since 2014. The company has been incorporated in Hong Kong and they also provide their registration number on the website.

WageCan provides a blockchain based payment solutions. Freelancers can benefit from the low fees, international workers can access oversee ATM cash withdrawals without owning bank accounts and cryptocurrency miners can receive earnings directly to their bitcoin debit card.

The cards from WageCan can be used for online shopping, point of sale purchases at local shops and for cash withdrawals at over 30 million ATM worldwide in 200+ countries. They also support cloud services.

Clients can order multiple cards in multiple currencies in whatever combination that suits their needs. They can order one for work and one for personal usage or even possible to order new card for any new freelancing jobs, clients can decide. Physical and virtual cards are both available at WageCan.

There are two pricing plans are available for WageCan bitcoin debit cards. Clients can choose from the Silver Card and the Universe Card. The company is also running a bonus program. Clients can earn daily bonuses and increase their income if they refer further customers to WageCan.

8. Spectrocoin

• Card Type: Visa
• Supported Currency: USD, EUR and GBP
• Mobile App: Yes
• Anonymous: Yes
• Physical: Yes
• Virtual: Yes
• Advantages: supported all over the world; mobile app is available for iOS, Android and Windows
• Disadvantages: scam reports and complaints

It is a UK-based company launched in 2013 with a headquarter in Landsdowne Row, London. Spectrocoin provides bitcoin wallet, exchange services, a BTC debit card, and a solution for merchants accepting digital coins in their daily business activities.

The bitcoin ATM card is funded instantly with coins, so you do not need to exchange the cryptocurrency in advance of payment. The VISA and plastic cards can be used at any ATM around the world, the denominated base currencies are USD, EUR and GBP. Both the plastic and the virtual cards are accepted at the more than 20 million sites and online shops across the internet. They also provide an option for business owners to switch to bitcoin payment for operations. Spectrocoin offers company cards as a solution for those who are one step ahead in the digital world.

The card is shipped to any country in the world and available for US citizens as well. Standard shipping is free and takes 3-4 weeks. But express delivery is also possible for extra fee.

Verified users can load their Spectrocoin card with maximum 10000 USD at once. Spectrocoin allows max 2 ATM transactions per day, in a total amount of 2000 USD.

9. Bitpay

• Card Type: Visa
• Supported Currency:
• Mobile App:
• Anonymous: No
• Physical: Yes
• Virtual: Yes
• Advantages: Secure wallet; prepaid Visa;
• Disadvantages: US residents only; doesn’t have chip and pin; Verification with home address and SSN is required.

Bitpay is a well-known company that provides payment solutions for businesses and individuals. It allows you to get a prepaid Visa card that is loaded through your Bitpay account. The BitPay Prepaid Visa® Card is available to residents in all 50 US states. You must have a home address (no PO boxes), government-issued ID, and Social Security number to apply. The card costs a flat fee of $9.95 and takes about 7 days to arrive in the mail. When traveling outside of the United States of America you will pay a fee of 3% to cover the cost of currency conversion. There is a $2.00 fee for ATM or cash-back withdrawals inside the US and a $3.00 fee for any ATM or cash-back withdrawals outside of the country.

10. Advanced Cash (AdvCash)

• Card Type: Visa
• Supported Currency: USD, EUR, GBP and RUB
• Mobile App: No
• Anonymous: Yes
• Physical: Yes
• Virtual: Yes
• Advantages: has its own wallet; easy depositing; supports various e-currencies; No monthly fee; free internal transfers.
• Disadvantages: no apps; only for EU residents

Advanced Cash – or in short AdvCash – offers fast and affordable solution for anyone who would like to spend money online in an easy and quick way. The offshore payment provider company has bulk payment options available as payroll solutions for online businesses that is connected to the AdvCash account.

The company is located in the Central-American Belize and has been launched in 2014. AdvCash is owned by Wave Crest Holdings Limited, a payment provider incorporated in Gibraltar.

AdvCash issues bitcoin debit cards for unverified users. There are some limitations using the AdvCash account without verification. Non-verified account owners are not able to fund the account with bank transfers and only able to withdraw 500 USD daily, 2500 USD a monthly. The total top up amount is 2500 USD per month, however there is limitation on spending the funds online is the same as for the verified users.

The limits for verified users are higher, although not too much higher. Maximum 3000 USD can be transferred to the AdvCash account at once and the same amount is the daily limit for ATM withdrawals. Users can spend up to 10000 USD daily online and at the POS terminals of merchants accepting VISA or Mastercard.

They do not charge any monthly or annual fee for using its services. The AdvCash card costs 4.99 USD if it is ordered right after registration. If the card is ordered later than seven days after registration, the price is 14.99 USD. So better decide to use it quickly! Pin is an additional 1 USD if requested with the card.

Conclusions

Now it is your turn to make a choice and pick up the best Bitcoin debit card. However, it is not the easiest decision. I would recommend you doing your own research, reading a few blogs before ordering your first card. And hope that this review was helpful.