05 Aug '13, 3pm

Bitcoin Suitcase Converts Spare Change Into Digital Currency

Bitcoin Suitcase Converts Spare Change Into Digital Currency

Even though Bitcoin continues to gain popularity amongst hackers and other tech-enthusiasts, it’s can be difficult for everyone else to wrap their head around the concept, or at least how to get involved. A group at the Def Con hacking conference in Las Vegas has tried to bridge that gap with a physical briefcase that converts loose change into Bitcoins. Built by a hacker named Garbage and his group, TwoSixNine, they put together the device at a cost of $250 using a Raspberry Pi microcomputer and a portable 4G modem. Using the case is simple, just insert your spare change, it will then check the current exchange rate on Bitcoin trading post Mt. Gox , and print out a QR code on a receipt. The code contains a cryptographic hash you can use to redeem your digital currency. A spare quarter may only be worth 0.00204327 BTC but what makes the case so accessible is that there’s n...

Full article: http://www.psfk.com/2013/08/bitcoin-conversion-suitcase.html

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