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Bullboard - Stock Discussion Forum Bitcoin Well Inc V.BTCW

Alternate Symbol(s):  BCNWF

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial bitcoin business. It makes bitcoin useful to everyday people to give them the convenience of modern banking. The company operates two business units, consisting of Bitcoin ATMs and the Non-custodial bitcoin platform (Online Bitcoin Portal). The Bitcoin ATM business unit operates a fleet of approximately 190 Bitcoin ATMs... see more

TSXV:BTCW - Post Discussion

Bitcoin Well Inc > Bitcoin Well—-Control your coins immediately!
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Post by Oldschool2022 on Dec 07, 2023 2:56am

Bitcoin Well—-Control your coins immediately!

My name is Adam O’Brien, I am the Founder & CEO here at Bitcoin Well. I would like to take the next two minutes and explain why I started the company in 2013, and the values that continue to drive our decisions and actions today. For fun, here is a photo from one of our first machine installations in Saskatoon, SK back in 2014!

 

We exist to enable independence. Plain and simple. When you use a Bitcoin Well product or service it should be because you want more autonomy and power as an individual. In fact, it is my belief that the way Bitcoin protects an individual’s rights and freedoms are its greatest asset, not the “financial” aspect of bitcoin (though that is also important!)

 

How do independence and Bitcoin collide?

When you incorporate independence into your bitcoin journey, the process naturally gets safer. For example, a core piece to our business is the fact that we are non-custodial. This means that at no point in time do we hold your bitcoin. We empower you to take and maintain complete control of your coins; immediately. 

 

If I’m being honest, this has made building our products more difficult and more expensive. But the trade off has been well worth it as we can say with certainty that we are the safest platform in the world. This is an obvious key function to enabling independence. It is demonstrated in our workflow when you buy bitcoin, you are required to enter a bitcoin address.

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