Mon Dec 14, 2015 1:44 am

Hello, my name is Daniel Houska and I’m co-founder of CoinMate.io, EUR/BTC Exchange.I got into Bitcoin in 2010 while I was co-founder and CEO of a licensed payment institution in the Czech Republic. I accidently spotted some article about Bitcoins and immediately fell in love with it. My goal was try to get Bitcoins on board together with payment services and to be the first licensed and regulated Bitcoin service in Europe.It was in the year 2011. Bitcoin in early stages, not mature enough. It was just a “child game” according to regulators. We spent 2 years having meetings and communication with regulator without significant progress, while the competition ran business freely without limitation. Finally we were told, hey guys forget about it, bitcoin is not money and therefore subject to current payment regulation. You are not allowed to run bitcoin business under your payment company.This is how our story begins. We created a UK company, decided to quit boring payment services and started to focus on bitcoins only. After securing backing from a large IT company specializing in financial software, CoinMate drew first breath in early 2014. Even though CoinMate is just one year old, everyone involved are early Bitcoin adopters with a varied level of skills especially in payment services and compliance, making us uniquely qualified to enter this burgeoning space.I'm glad to be a part of this epic AMA session, thank you!.Please feel free to ask me any question.