VOICED : Bitcoin ATMs come to America

The video discusses the Bitcoin Center's efforts to develop a Bitcoin ATM through the startup Cash to BTC, highlighting the competition with Lamassu. It addresses regulatory concerns about Bitcoin, including potential bans due to money laundering fears. An entrepreneur emphasizes compliance while deploying Bitcoin ATMs. The collapse of Mt. Gox is seen as an opportunity for established financial institutions to enter the market, with Bitcoin demand continuing to rise.

What is the primary goal of the startup Cash to BTC?

• To compete with traditional banks

• To develop a new blockchain technology

• To simplify the process of converting cash to Bitcoin

• To create a new cryptocurrency

Which company is leading the competition in the Bitcoin ATM market?

• Cash to BTC

• Lamassu

• Mount Goks

• Bitcoin Center

Why are financial authorities concerned about Bitcoin?

• It is too expensive

• It is not popular enough

• It could be used for money laundering

• It is too stable

What was Mount Goks originally built for?

• Trading cards

• Cryptocurrency exchange

• Stock trading

• Financial consulting

What opportunity does the collapse of Mount Goks present?

• A need for more trading cards

• An opportunity for established financial institutions to support Bitcoin

• A chance for new cryptocurrencies to emerge

• A decline in Bitcoin's popularity