25 Feb '13, 8pm

This Bitcoin ATM could be coming to a store near you

This Bitcoin ATM could be coming to a store near you

Twenty years from now, when the majority of your accumulated wealth is spread across a portfolio of Bitcoin accounts on servers around the world, you might have Zach Harvey and Matt Whitlock to thank. The New Hampshire-based entrepreneurs want to put Bitcoin—a form of digital currency that’s seen rapid growth this year—into retail stores around the country. Put a bill into Harvey and Whitlock's Bitcoin Machine, and, well, nothing comes out. But you're just bought yourself a buck's worth of digital currency. Congrats! The idea is to sell the machines to real brick-and-mortar stores around the country for about $1,000, then let them take a small commission on each Bitcoin sale. You don't have to use the coin where you buy it, though the creators are targeting retailers who are friendly to the digital currency. RELATED STORIES How to order a pizza with Bitcoins Bitcoin's new ...

Full article: http://www.dailydot.com/news/bitcoin-machine-atm-retail-l...

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