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Uruguay gets first bricks and mortar bitcoin exchange store

14 May 2014  |  1893 views  |  0 Source: FNB

First National BNAK announces the opening of Latin America's first Bitcoin store in Montevideo, Uruguay, marking the world's first Bitcoin and Swiftcoin brick and mortar meet up and swap point.

"Clients have more peace of mind meeting the people involved in transactions and knowing there is a well-capitalized business more substantial than a web page or Internet avatar backing up the integrity of trade and commerce. People should not have to be computer geeks and Internet security mavens to take advantage of digital money. This literal over-the-counter swap point will help reduce the opacity and mystery of digital currencies. It's time to take digital currencies mainstream. At Cofres Bitcoin, located at Plaza Independencia 823, Montevideo, local and international clients can meet real people with or without an appointment. All the hype notwithstanding, most people still have never actually used Bitcoin or even know how to get it," stated Daniel Bruno, Chartered Market Technician and the founder of the Cofres Bitcoin swap point.

There are currently more than 12 million Bitcoins in circulation worldwide. The popularity of private digital money is soaring as banks and government issued fiat currencies come into ill repute from the Eurozone to Argentina, where the peso has crashed, inflation is high and gold is prohibited*.

The Cofres Bitcoin meet up, exchange and swap point offers a range of financial services both on and off the Internet, including the novel cryptocurrency Swiftcoin featuring its free encrypted mail function; forex trading with leverage up to 400 at http://www.firstnationalib.com; market forecasts at http://www.fxboss.info and the oSwift.com market where goods and services may be exchanged for Swiftcoin and Bitcoin.

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