Location: Skype
Date: Sunday, 21st July
Project: General Bytes

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.


Connect with Karel:
On LinkedIn

Connect with General Bytes:
On Twitter @generalbytes
On LinkedIn
On YouTube
On Medium
On Github
On Facebook
Their Website

Mentioned in the interview:
Coin ATM Radar
Bitcoin ATM’s by Country
Bitcoin ATM Manufacturers
Lightning Network

Other relevant WBD podcasts:
- WBD135:
Operating Bitcoin ATMs with Gil Valentine & Eric Gravengaard from Athena Bitcoin
- WBD100:
Tadge Dryja on the Limitations of the Lightning Network


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