To use this Bitcoin ATM you must have a Bitcoin Wallet on your phone and a special QR code that identfies you to the ATM. The first time you must show Vince an government ID to get the ID card.
At the current time new users of our Bitcoin ATM will get $30 worth of Bitcoin for free as part of their first transaction. There is currently a $100 minimum so if you bring $70 it is enough to start with the $30 we contribute. We are happy to talk you through using the machine.
There are lots of Bitcoin scams active in Anguilla at this time so be very careful about sending Bitcoin to any "investment" you hear of.
We got our approval from Anguilla Financial Services on Aug 17, 2017.
For more info contact Vince Cate at firstname.lastname@example.org or 1 264 581 5398.
Back in 1997 I helped start a conference called Financial Cryptography in Anguilla. For 4 years we held the conference in Anguilla then it started going to different locations each year. Back then we could tell that cryptography could make for a better financial system, something that could be safer, cheaper, and faster than checks, credit cards, wire transfers, Western Union, etc. Bitcoin and the other cryptocurrencies are showing we were right. You could say I was a fan of Bitcoin before it was even invented. :-)
Bitcoin.ai is running our own Bitcoin node and BTCPayserver, node.bitcoin.ai (also on 1ml.com and lightblock.me). We purchased a great little preconfigured machine from "Lightning in a box" for $500. We are working with datahaven.net so people can pay for ".ai" domains with Bitcoin. This will also help Bitcoin.ai have a supply of Bitcoins for the ATM which does far more selling of Bitcoin than buying of Bitcoin. We are running in "blocksonly" mode which reduces the bandwidth used by about a factor of 10. I think eventually everyone but miners will use blocksonly.
On the street our Bitcoin.ai and Gold.ai signs look like this:
The ATMs are limited to $1200/day. For larger transactions we using the Recotra software.