After reading the Bitcoin White Paper in 2012 I instantly fell in love with Bitcoin(BTC)!
Working as a Network Design Engineer at the Federal Reserve Bank provided many years of dreaming about a better future for "money," finally one arrived!
It took me roughly two years to educate myself on compliance and to also become compliant! I then had the privileged of providing Wichita's first Bitcoin ATM in 2014, at The Donut Hole on Douglas Ave.
It became evident five years later that to grow the business in opposition to Centralized Banks would require compromising our basic Bitcoin principles, as well as our personal beliefs. Once centralized services were offered we decided to turn them down.
Although NO longer having the ability to deposit green backs stunted our ability to grow, it turns out that basic principles and a low time preference are both enduring qualities.
We continued to operate for three more years as a completely independent operator dealing ONLY in Bitcoin and resisting the temptation to become subservient to Centralized Financial Institutions.
When the "centralized cartel" cut our ability to deposit $USdollars it became very difficult to grow. Liquidity solely became an out of pocket effort. However, it became an epiphany as we learned that we could exist without centralized banks at all! Albeit exist as tiny tiny tiny fish in a very very big pond!
No matter, a labor of love does not require much in order to exist happily continuing to spreading the word that is Bitcoin!
Early on the only way to obtain Bitcoin for those of us that fell in love early was by mining it, or purchasing it from someone you knew. Today there are no shortages of Apps and Exchanges and thousands of ways of obtaining Bitcoin easily!
The Bitcoin ATM was a very integral tool in the acceptance and expansion of Bitcoin, and it's among one of the most proud and the most rewarding accomplishments of my life so far!
However, in my opinion the sun is setting on the use case for Bitcoin ATM's. As there became thousands of effortless methods of obtaining Bitcoin there also became thousands of reasons to no longer operate Bitcoin ATM's .
BitcoinATM's are a safe risk limiting way of learning Bitcoin, but this too has been mostly de-materialized by youtube and other more efficient means of self education.
Although Bitstream LLC maintains registration we no longer offer ATM's or customer services.
This de-materialization of Bitcoin ATM's is nothing short of a huge victory for Bitcoin, a major milestone on it's road to global acceptance and adaption.
If you are interested in offering Bitcoin services within the empire my advise is to NOT do it. The empirical cartel will crush you through "compliance." They have the full force of the US Military behind words like "terrorism, money laundering, national security, drugs and human trafficking" to enforce their empire, no matter the truth.
My personal recommendation is to grow Bitcoin internationally beyond the reach of the empire. The rise of the 7 billion people using Bitcoin outside the financially enslaved empire, is the only route to Bitcoin success. Growing Bitcoin in any organized fashion within the empire amounts to merely a Trojan horse attack against Bitcoin.
Although it is unlikely many eyes will fall upon these words, let it be know that we are still and always will be available as Bitcoiners dedicated to the universal truth and honesty that is Bitcoin!
Should you have questions about Bitcoin our sometime just want an honest input on Bitcoin, please feel free to reach out and if we do not have an answer for you, its likely we will know someone that does.
The web page will be up until it's domain has expired.
In the meantime, hopefully it can help someone learn something about Bitcoin or maybe just re-enforce something you already knew.
Feel free to contact us at Support@GoBitstream.net any time.
Kindest Regards,
Kent Langlois
President/CEO
Bitstream LLC
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