Bitcoin Update: The First "Alternative Currency" ATMs Are Now Coming To The U.S. (Video)
The Bitcoin is becoming more and more popular in the U.S., and for good reason, people are waking up to the problems of the U.S. dollar and other government-controlled currencies, and looking alternatives.
Welcome the first Bitcoin ATM
The new Bitcoin ATM will work much like a change machine at a cassino or a change machine at a car wash or laundry mat. You put in your paper dollars and you receive bitcoins on you mobile app.
Robocoin provides customers the easiest way to buy and sell Bitcoin.
With over 1,000 new merchants adopting Bitcoin every week, it is perhaps not surprising that, as NY Postreports, the first Bitcoin ATM is about to debut in New York City.
Following success in Canada and Europe, Brooklyn native Willard Ling, 30, is set to introduce the first bitcoin ATM to New York City at the East Village bubble tea shop ‘Just Sweet’.
State regulators with the Department of Financial Services are expected to hold hearings later this month to discuss how the digital currency should be regulated; and until then, Ling’s bitcoin ATM will sit in his apartment.
Via NY Post,
Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines.
How does the ATM work?
The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like…More.
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Whistler Blowers, Insiders
Yeah, but it AIN’T ‘money’. Learn the difference between currency and money.
LOL ….Another BS propaganda from the elites…They already own 99% of bitcoin… just like USD….Raise your hand if you own even 1 Bitcoin…..Through manipulation…they took bitcoins ordinary humans had and now They want us to SLAVE FOR IT…just like Dollar….
Your life will stick suck with that Bitcoin ATM around as long as the Elites are incharge of the show…
Butt coin … I sat on a gum drop
Nothing more than casino chips. In fact, I trust casino chips more.
If bitcoin was supposed to be the new currency that threatens the old banker system and was not under their control I can guarantee it would have been shut down with maximum prejudice and the utmost speed. Bitcoin is already owned by the elites, IT IS the new alternative but wont change a damned thing.