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The number of Bitcoin merchants has risen, the value of Bitcoin startups has increased and most importantly, awareness of Bitcoin has increased in countries with poor banking or financial systems.
When CoinFest started in 2013 as a relatively small gathering of 100 or so Bitcoiners, celebrating the adoption of Bitcoin at a Waves Coffee House in Vancouver, it was conceived as a way to incentivize cryptocurrency acceptance while educating the public about its importance and use. Its popular success prompted the Bitcoiniacs (now CoinTrader) to place the world’s first Bitocin ATM there.
Students from the University of British Colombia (UBC) create the UBC Bitcoin Club to educate their friends and classmates about cryptocurrencies.
Bex.io, a Canadian startup offering customers the technical assets necessary to start their own Bitcoin exchanges, recently announced a round of venture funding worth $525,000.
An automatic cash machine that trades cash money for Bitcoin was first placed in Vancouver coffee shop just last week. It has generated lots of buzz and now after more than a week we actually have some numbers telling - how many Bitcoin users truly used it.
There is a quick start of the new Bitcoin ATM in Vancouver making the operations with $100 000 (Canadian) worth of transactions within the first eight days.
The first Bitcoin ATM now is awailable in Waves Coffee House in Vancouver, Canada. On Tuesday 29th of October startup Robocoin (based in Las Vegas) has partnered with Canadian Bitcoiniacs and made an important step to legitimate bitcoin currency and increase its popularity in Canada.
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