Home » Events » Satoshi Thursday (12/11) ft. CoinBack.io – Be Your Own Bitcoin Exchange!

Satoshi Thursday (12/11) ft. CoinBack.io – Be Your Own Bitcoin Exchange!

What is CoinBack.io? CoinBack.io is a new open source project from the guys behind EasyBitz.com. Created at the Vegas Money/2020 Hackathon, CoinBack allows merchants (such as corner store delis) to act as Bitcoin ATMs. The system tracks Bitcoin sales (analytics) and the average price the merchant has obtained Bitcoin at as well. With a premium set by the merchant themselves, merchants can ensure they are always selling Bitcoin for profit. And the system only allows for a maximum sale of $50.00 worth of Bitcoin, so there are no KYC/AML concerns.

Where do the merchants get Bitcoins to sell you wonder? By accepting them at their business, hopefully using EasyBitz’ easy to use platform. This helps “close the circle” — business conducted entirely in Bitcoin!

More info: CoinBack’s Website

(Event rescheduled from 12/04 due to the surprise appearance of Congressman Stockman)