Karel Kyovsky on Manufacturing Bitcoin ATMs What Bitcoin Did

    • Investing

Location: SkypeDate: Sunday, 21st JulyProject: General BytesRole: Owner
Since the first Bitcoin ATMs started appearing in 2013, the market has grown at a significant rate, seemingly unaffected by Bitcoin’s volatility. With a fast-paced market and strong competition, manufacturers have to keep up with a growing demand for machines and new feature requests.
General Bytes has become the largest manufacturer of Bitcoin ATMs with over 1,700 machines in over 40 different countries (according to Coin ATM Radar). They are now faced with navigating the regulatory landscape and finding a business model that is sustainable in this new and emerging market.
In this episode, I speak to Karel Kyovsky the owner of General Bytes. We discuss how they stay ahead of their competition, the challenges of implementing The Lightning Network, security and regulations.
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Location: SkypeDate: Sunday, 21st JulyProject: General BytesRole: Owner
Since the first Bitcoin ATMs started appearing in 2013, the market has grown at a significant rate, seemingly unaffected by Bitcoin’s volatility. With a fast-paced market and strong competition, manufacturers have to keep up with a growing demand for machines and new feature requests.
General Bytes has become the largest manufacturer of Bitcoin ATMs with over 1,700 machines in over 40 different countries (according to Coin ATM Radar). They are now faced with navigating the regulatory landscape and finding a business model that is sustainable in this new and emerging market.
In this episode, I speak to Karel Kyovsky the owner of General Bytes. We discuss how they stay ahead of their competition, the challenges of implementing The Lightning Network, security and regulations.
-----
If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.