25 Mar '13, 6pm

The banking crisis in Cyprus makes it the ideal home for the world's first #Bitcoin ATM:

The banking crisis in Cyprus makes it the ideal home for the world's first #Bitcoin ATM:

Last month we reported on plans to put ATMs in retail locations that would turn dollars into the digital currency Bitcoin . A new company plans to do the same , but in an interesting place, according to to Jeff Berwick of Dollar Vigilante . The possible failure of Cyprus’s banking system was cited by many as a factor in a recent spike in the Bitcoin’s value, as currency speculators pulled their money out of the Euro and put it into Bitcoin. It seems that Cyprus is destined, at least in the short run, to be a laboratory for currency reform, because the new Bitcoin ATMs are to be located there. RELATED STORIES Bitcoin spikes in value, prompting fears of a new bubble How to get and spend Bitcoin, the booming digital currency As Cyprus’s government and the European Union go back and forth on reform plans, the banks have closed for the past week and, if they re-open Tuesday as ...

Full article: http://www.dailydot.com/news/cyprus-bitcoin-atm-currency-...

Tweets

World's First #Bitcoin ATM Is Announced - First...

activistpost.com 25 Mar '13, 7pm

The answer wasn’t hard to come up with. If these people had simply bought bitcoins with their savings, not only would they...

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motherboard.vice.com 26 Mar '13, 6pm

Yep, that's a bitcoin ATM. Via TDV's release . Charging ahead of the bitcoin start-up stampede, Jeff Berwick (Founder of S...

World's First Bitcoin ATM Is Announced - First Location: Cyprus

World's First Bitcoin ATM Is Announced - First ...

dollarvigilante.com 25 Mar '13, 6am

World's First Bitcoin ATM Is Announced - First Location: Cyprus Share this article on: Tweet While European politicos nego...

Cyprus Gets World's First Bitcoin ATM

mashable.com 26 Mar '13, 2pm

The world's first Bitcoin ATM machine will be installed in Cyprus, and it will accept both Bitcoins for cash and cash for ...

World’s First Bitcoin ATM Is Announced – First ...

intellihub.com 25 Mar '13, 7am

World’s First Bitcoin ATM Is Announced – First Location: Cyprus March 25, 2013 | Filed under: Economics ,Europe | Posted b...

World's first #bitcoin atm is announced - first location: #Cyprus

World's first #bitcoin atm is announced - first...

thedailysheeple.com 25 Mar '13, 11am

As stated, we want to roll out these ATMs as quickly as possible. Very obvious first locations would be in nations which a...

Jeff Berwick Announces First Bitcoin ATM In Cyp...

reddit.com 25 Mar '13, 7am

At this moment in time, you can deposit fiat currency into Bitcoin ATM and receive bitcoins to your account. You can also ...

Jeff Berwick Announces Opening Of First Bitcoin...

prweb.com 25 Mar '13, 10am

Jeff Berwick Announces Opening Of First Bitcoin ATM in Cyprus Founder of Stock House and TDV Media, Jeff Berwick has annou...

Bitcoin ATM Could Soon Be Opening in Cyprus

Bitcoin ATM Could Soon Be Opening in Cyprus

reason.com 26 Mar '13, 2pm

Credit: zcopley / Foter.com / CC BY-SA Yesterday, Jeff Berwick, founder of StockHouse.com and CEO of TDV Media, said that ...

The World Is Getting A Bitcoin ATM: Canadian en...

forbes.com 26 Mar '13, 5pm

Canadian entrepreneur Jeff Berwick will capitalize on Cyprus’ financial woes by installing the world’s first Bitcoin ATM o...

World's first bitcoin ATM in Cyprus?

cyprus-mail.com 28 Mar '13, 7am

+ - Text size Follow the mail on Twitter. Topic tags ATM , Bitcoin , Cyprus , ECB , Jeff Berwick , Stockhouse.com , virtua...

World’s First Bitcoin ATM Is Announced — First ...

infowars.com 27 Mar '13, 4pm

hey buddy are you ignoring the facts? ask your self these legitimate questions. no bias, no opinion, just facts. i think t...

Canadian house first on sale for Bitcoin currency

rt.com 25 Mar '13, 9am

Canadian house first on sale for Bitcoin currency Get short URL Published time: March 25, 2013 09:43 Tweet Share on Tumblr...

This Story About A Bitcoin ATM Coming To Cyprus Is Almost Certainly Nonsense

This Story About A Bitcoin ATM Coming To Cyprus...

businessinsider.com 28 Mar '13, 2pm

There's been a story circulating this week that the first-ever 'Bitcoin ATM' will be installed in Cyprus to capitalize on ...

Cyprus savers told to expect 40% loss

forums.condosingapore.com 26 Mar '13, 1pm

Cyprus banks used to have good ratings in 2010. That shows that savings in the bank is also proned to risks. Their bank de...