Ep. 341 - Bitcoin ATMs: The Unsung Heroes of Mass Adoption, w/ Chris McAlary from CoinCloud
CRYPTO 101
Bryce Paul & Brendan Viehman
4.3 • 841 Ratings
🗓️ 2 September 2020
⏱️ 35 minutes
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Summary
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| 0:00.0 | All right, everybody, welcome back. |
| 0:12.3 | It is another episode of Crypto 101 podcast. |
| 0:16.6 | Pizza Mind here. |
| 0:17.8 | I'm rolling solo today, but not alone. |
| 0:20.7 | We have with us today the founder of a very |
| 0:25.1 | interesting project called CoinCloud, and these guys are building crypto ATMs. I'm very |
| 0:32.0 | interested to hear about this sector of the industry because we've never talked about it on this |
| 0:35.9 | podcast before. Chris McAllery, |
| 0:38.8 | welcome to Crypto 101. Hi, thanks for having me. Glad to be here. Glad to talk with you, |
| 0:44.2 | pizza mind. It's a pleasure to have you. What were you doing before you got into crypto and what convinced |
| 0:50.5 | you that this was the future? Yeah, I got into playing poker in college. |
| 0:56.4 | After I graduated, I was deciding, I studied economics and was deciding whether or not |
| 1:01.8 | to do a real job or go work for myself. |
| 1:04.9 | And I was having too much fun playing poker online. |
| 1:09.1 | And after college, I ended up buying a house in Vegas and moving here |
| 1:13.4 | and was playing poker from like 2007 to 2011 and experienced this Black Friday event. |
| 1:22.9 | I don't know if you're familiar with the online poker world, but in 2011, they shut down |
| 1:27.7 | all the offshore poker sites, like Fultil Poker Ultimate Bet, and basically wiped out the whole |
| 1:35.3 | industry overnight for U.S. players. |
| 1:38.3 | Oh, my God. |
| 1:39.9 | And around that time, maybe like six months prior to that, I'd heard about Bitcoin for the first time in late 2010 on my favorite podcast. |
| 1:51.4 | And, you know, that sort of, you know, this first time I heard about it on this podcast, they had Gavin Andresen, who was the lead developer of Bitcoin at the time as the guest. |
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