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  • 3 years ago
EP41: Generating Passive Income with a Crypto-currency ATM with Cindy Zimmerman

EP41: Generating Passive Income with a Crypto-currency ATM with Cindy Zimmerman

My guest today is Cindy Zimmerman, Computer Scientist and Crypto-currency ATM owner/operator.

In today’s show, we discuss:

How attending a meetup provided her with an opportunity to move and work in Panama
How she turned a hobby of owning a Bitcoin ATM into a serious passive income stream
Why Cindy is the first in the world to integrate the up-n-coming digital currency “Dash”
How Bitcoin helps the very poor families of Venezuela protect their savings and afford to live

Cindy's Background

While working for a Bitcoin company in Panama, Cindy encountered a problem. She, and all of her friends, were receiving their salaries in the crypto-currency Bitcoin, but the rest of the Panamanian economy ran on US Dollars. A currency is only good if you can spend it, and Cindy was constantly short on USD bills.

Coming from an entrepreneurial family, she decided to purchase what’s known as a Bitcoin ATM. It’s very similar to the cash-based ATMs that you are accustomed to, but instead of swiping

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