Many tobacconists in France are planning to sell Bitcoin to the public starting from New Year. As the France-based radio station Europe 1 originally reported, this Bitcoin news shows that tobacco retailers will be offering Bitcoin vouchers in denomitations of 50, 100 and 250 euros from January 1st, 2019.
The local crypto startup Keplerk is said to have signed a deal with a cash register software in order to facilitate the scheme. Keplerk will be the main seller of Bitcoin – allowing customers to convert their vouchers into BTC and store it in wallets on the platform.
As the report states, there will be around 3,000 to 4,000 tobacco shops selling the vouchers and later, others are expected to be added on. As quoted by Reuters, the director for strategy and development at the firm stated:
“Tobacco shop owners are the best channel as they are trusted by customers and they are used to sell vouchers such as credit for mobile phones.”
The French central bank also issued a statement this Wednesday, in which it denied some reports that it has signed no agreement with tobacconists to allow the sale of Bitcoin. It also warned that cryptocurrencies are “purely speculative and are not currencies” and that people who seek to invest in Bitcoin or other cryptocurrencies “do it entirely on their own risk.”
With more than 25,000 tobacco outlets across France, this initiative could make Bitcoin widely available if the scheme succeeds.
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“$BTC Red Alert!! Big move should happen in the next few days or early next week!! Ema’s are all bunched up together. And right at resistance,” he wrote on Twitter.https://twitter.com/CryptoFib/status/1173407775965233152 The trader also elaborated on a potential Bitcoin breakout. He leaned to the low side, suggesting a wick down below $9,000 which would not last for very long.
“It has always been my theory that $BTC is just building a new base to move off of. Could it wick down to 8500? Sure it could, but too many people are looking at that area and calling it,” he said.Other traders also suggested that a big move could be coming Bitcoin's way very soon. Right now, the bulls are struggling to overcome resistance at $10,450 and BTC has been below that for the past week. On the low side, a fall to $10,000 is where the first support zone for BTC lies. Just like DC Forecasts, many other best cryptocurrency news sites reported about something big potentially coming this week.
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