02 May '13, 9pm

While we're riding rollercoaster in trading heaven with #Bitcoin, here is the World's First Bitcoin ATM #BTC

While we're riding rollercoaster in trading heaven with #Bitcoin, here is the World's First Bitcoin ATM #BTC

Bitcoins, the alternative online currency that last month endured a roller-coaster ride of price fluctuations, may soon be coming to an ATM near you. Lamassu, the startup behind a prototype Bitcoin ATM shown at New Hampshire's Liberty Forum in February, said this week that it's preparing to showcase a production model of the machine on May 17 at the Bitcoin Foundation's 2013 conference in San Jose, Calif. The New Hampshire-based company is pitching its tabletop device as a more stable way to transfer bitcoins than doing so through strictly online services, while still promising users anonymity in their bitcoin purchasing. "Vendors will profit both from commissions on the automatic exchange, and by accepting bitcoin at their establishment in return for goods or services. Additionally, the price point is quite low compared to legacy ATMs, so it's easy for the vendor to make ...

Full article: http://www.pcmag.com/article2/0,2817,2418496,00.asp

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