Tabletop Bitcoin ATM Is Huge for Payment Privacy

Tabletop Bitcoin ATM Is Huge for Payment Privacy - Bank Think

Tabletop Bitcoin ATM Is Huge for Payment Privacy - #bitcoin #atm #batm

It looks like a high school science project, but this countertop machine may be a bulwark of financial privacy in the age of digital money. Last weekend at the Free State Project 's annual Liberty Forum in New Hampshire, entrepreneurs Zach Harvey and Matt Whitlock advanced the anonymous purchasing of bitcoin with their new Bitcoin ATM. The little machine , about 24"H x 12"W x 12"D, exchanged and dispensed over $5,500 worth of bitcoin in one weekend. Similar to the way a vending machine operates, the orange prototype accepts cash bills and reads a QR code containing the depositor's Bitcoin address. After subtracting a 1% transaction fee, it delivers bitcoin to the address in about five seconds. The Bitcoin Machine can accommodate paper note denominations up to $100. Previously, individuals who wanted to purchase bitcoin privately without revealing personal details had to ar...

Full article: http://www.americanbanker.com/bankthink/tabletop-bitcoin-...

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@c7five » 08 Mar '13, 5pm
RT @WeldPond: Tabletop Bitcoin ATM Is Huge for Payment Privacy [link]
@RKHilbertSpace » 03 Mar '13, 6pm
Bitcoin ATM [link]
@matthoffnerd » 28 Feb '13, 1pm
bitcoin atm [link]
@nerissimo » 28 Feb '13, 10am
“@jonmatonis: Tabletop Bitcoin ATM Is Huge for Payment Privacy [link] @ShireSilver @ToddBethell” stroke of genius!
@jonmatonis » 28 Feb '13, 10am
Tabletop Bitcoin ATM Is Huge for Payment Privacy [link] @ShireSilver @ToddBethell
@VigilantCanuck » 28 Feb '13, 3am
Tabletop #Bitcoin ATM Is Huge for Payment Privacy: [link] Via @FreeStateNH
@bettybrowser » 27 Feb '13, 8pm
RT @CUMicah RT @BankThink: Tabletop Bitcoin ATM Is Huge for Payment Privacy: [link] b... [link] #privacy
@joshmh » 27 Feb '13, 8pm
RT @LamassuBTC: Tabletop Bitcoin ATM Is Huge for Payment Privacy - [link] #bitcoin #atm #batm
@joshmh » 27 Feb '13, 8pm
RT @MarcHochstein: h/t @rogerkver for photo in latest @jonmatonis #Bitcoin post on @BankThink [link] Tabletop BTC ATM Huge for Payment Privacy
@MarcHochstein » 27 Feb '13, 8pm
h/t @rogerkver for photo in latest @jonmatonis #Bitcoin post on @BankThink [link] Tabletop BTC ATM Huge for Payment Privacy
@QRcodesFinance » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy - Bank Technology News: Tabletop Bitcoin ATM Is Huge for Paym... [link]
@JeanineSko » 27 Feb '13, 8pm
New @bankthink column from @jonmatonis on the Bitcoin ATM: [link]
@BankThink » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy: [link] by @jonmatonis
@BitCoinReporter » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy - Bank Technology News [link] #bitcoin
@LamassuBTC » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy - [link] #bitcoin #atm #batm
@QRCodesRetail » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy - Bank Technology News: Tabletop Bitcoin ATM Is Huge for Paym... [link]
@TweepCoin » 27 Feb '13, 8pm
Tabletop Bitcoin ATM Is Huge for Payment Privacy - Bank Technology News [link]