To all potential Lamassu ATM buyers: beware. Her's my friends experience.
This is my friends experience in attempt to install the first Bitcoin ATM machine in Croatia. More than a half a year ago there was not much of a ATM choice, so he went with Lamassu ATM, second one to appear after Robocoin ATM. He advanced $2500, 50% payment, to Lamassu in early February 2014 after being premised by the owner Zach Harvey the ATM will be ready for delivery within 3 months. Important thing to note - he never got any contract, license agreement or even pro-forma invoice from them. No written trace of any company data, only British Virgin Islands account for money to be sent to. This should be stop light for any further business, but he paid the advance anyway. He waited for months with occasional inquiry on status of his machine. Five and a half months later his machine was still not ready for delivery and he still haven't received any document from Lamassu in written form. After several attempts to hurry things up he only managed to get their answer for him to wire remaining balance to them and they will finish his machine, which was not finished yet. He couldn't go along with this any more. He asked them to return his $2500 back to him. They declined. He decided to cut his loses there and proceed to purchase different ATM. Just because they were early ATM producer doesn't guarantee you will be happy if you chose them. Today there is plenty of choices to choose. Wiki: Bitcoin ATM. And a much cheaper choices too.
In 2013, obsessed with the problem of making Bitcoin more accessible, the Harvey brothers created the prototype for one of the world’s first Bitcoin ATMs which they initially designed to bring to Bitcoin Meetups in Manchester, New Hampshire. The machines were almost an immediate success. Zach and Josh decided to focus on building them and ... The most popular cryptocurrency, according to Harvey, is still Bitcoin with a 90% market share followed by Ethereum and Bitcoin Cash. Lamassu is apparently very happy to provide guidance to new coming operators in terms of giving them advice on different regulations, or connections to proved lawyers, but Zach emphasizes that it is strictly kind advice and definitely not a rule since they are ... Zach Harvey is the CEO of Lamassu, a pioneer of Bitcoin ATMs, a leading case study for user experience in the sector. Zach and his brother Josh began working with Bitcoin in 2011. At the time the two of them had decided to start accepting Bitcoin payments at their Tel-Aviv-based online guitar shop. Another step towards Bitcoin accessibility. Zach Harvey. Follow. Sep 24, 2018 · 4 min read ... Lamassu is a bitcoin ATM manufacturer that started in 2013 with the goal of making it “as simple as possible to get bitcoin.” There are now hundreds of these bitcoin ATMs around the world, and one of Lamassu’s co-founders, Zach Harvey, recently shared some data related to how these machines are used at a Bitcoin meetup in Milan.. While a recent article in the New York Post warned bodega ...
Free Bitcoins - How i made 4+ BTC Using Free Bitcoin Websites
Every month the Milano Bitcoin community gets together for the traditional Milan meetup, hosted by Blockchainlab - BHB Milano. This July, on Wednesday the 19th, we are honored to have as our ... Money & Tech's Bitcoin ATM showdown at CoinSummit. Jered Kenna interviews Zach Harvey CEO of Lamassu and Evan Rose CEO of Genesis Coin to discuss the current state of bitcoin ATMs and how their ... https://www.bitcoinwednesday.com/video-lamassu-zach-harvey/ In this video recorded at Bitcoin Wednesday on 2 August 2017, CEO of Lamassu, Zack Harvey talks ... "The Block Market - Free Trade in the Era of Bitcoin" by Zach Harvey - Bitcoin Summit - Duration: 23:21. Mike Salvi Recommended for you. 23:21. Bitcoin Mining Is Dead - Duration: 26:46. ... Excerpt from Let's Talk Bitcoin - Episode 14 (http://tmblr.co/ZhSBUsmpRHGV)