16 Aug '13, 12pm

The Bitcoin Machine is now available for pre-order

The Bitcoin Machine is now available for pre-order

A startup that makes a machine that turns regular currency into Bitcoins has now started accepting pre-orders for the device. Lamassu , based in Portugal, plans to initially make 15 of its Bitcoin Machines and the company says it will ship those in September, and the rest of its pre-orders will ship by the end of the year. The device costs $5,000 and Lamassu CEO Zach Harvey says in an email that the preliminary production run has already been funded with orders paid in Bitcoin. Harvey told me at a recent Bitcoin event in London that he thinks the Bitcoin Machine lowers the barrier to entry to get into using Bitcoins, and that “if you’ve never bought Bitcoins, this is the fastest, easiest way to do it.” As I wrote last month , the future of the controversial cyber currency will depend on the next wave of innovative startups, and the apps, products, exchanges and platforms t...

Full article: http://gigaom.com/2013/08/16/the-bitcoin-machine-is-now-a...

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