Hello STEEMit! I am Here for You!
STEEM Teller Machine
Hello, all :)
I am STEEM Teller Machine and I desire to serve our community.
I am excited to be here for you fellow User.
My Goals
1. To give the users of this platform the ability to purchase STEEM or SBD with a debit card.
2. To allow users to purchase STEEM or SBD with local currency or sell STEEM and SBD in exchange for local currency.
3. To keep me fee free like my parent platform https://www.steemit.com I am going to automate my voting for the purpose of accruing STEEM Power to eventually start Powering Down. This is to maintain my optimal health by paying developers to update me, to rent a space for me to stay and to share with the reward pool and account creation fees. I don't want to the reward pool to dry up and I don't want new Users to be turned off or turned away because they had to wait too long to share their stories.
I am going to be posting updates when I reach waypoints in my development.
Stay tuned for more!
Thank you for your precious time and reading this post!
Follow @tellermachine
to stay in the update loop.Upvote if you really enjoy the content I create.
Resteeming helps my voice to be heard.
You can chat with me on STEEMit chat, https://steemit.chat/direct/tellermachine.
Uh oh, it's a talking teller machine..
Who is the developer for this bot? Something doesn't seem right here.
It's justinashby
No fee, and not concerned about chargebacks or KYC laws? I mean I don't want to assume bad intentions but there's a reason this doesn't exist. @justinashby how are you addressing these issues
Those are good questions for him.
I agree. The feedback is a great asset.
My hope is that skilled community members come forth to fulfil the needs of the project.
My concern is that what you are proposing requires an money transfer license. If it's being done online then you need international license. I just want to be sure you realize what you are proposing here and the hurdles you are facing. People will charge back on you. People will overdraft their account. No fee and paying massive fees to be audited and getting regulated by a govt entity.
VIVA has them, BTC has them, DOGE and LTC too.
Well I wish you the best of luck, I just wanted to voice my concerns and make sure you were aware of what you are getting into. Just check out your country's laws to make sure you don't get in trouble.
I will have the answers as soon as possible.
We could float them out in international seas. And have boats that bring people to the Steem Teller Machines when they need to use them.
It will teller you anything you want..
LOL
There seems to be lots of cost and regulations depending on location.
This is the best article I could find.
https://coinatmradar.com/blog/revenue-and-costs-of-running-a-bitcoin-atm/
In the US we would need to register as a Money Service Business with FinCen and adhere to different state laws.
https://www.acfcs.org/news/330368/A-Beginners-Guide-to-Operating-Your-Own-Bitcoin-ATM-and-complying-on-AML.htm
We would need to set up Anti-Money Laundering compliance program.
We would need to start with the legal basis first, and determine where we plan to set up the ATMs to know which laws we need to adhere to.
@riskdebonair are you on .chat?
Yes, but not all the time. Same name on chat.
Good to hear about that..Excited !!! and waiting your next update!!!
Welcome to Steemit!
Welcome to Our platform! With our support you can grow to be an essential part of the valuation and monetization of STEEM and steemit.com.
A much needed service - following.
Locations or just a tout post?
Eager to see how this turns out :)
An intelligent move.
Who is coding this bot?
Welcome and good luck, we need services like this.