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Posted on 01/12/2014 7:20:10 AM PST by TsonicTsunami08
Bitcoin ATMs are coming to the city. Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines. The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
(Excerpt) Read more at nypost.com ...
Bitcoin = Mark of the Beast.
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Overstock.com CEO Patrick M. Byrne Discusses Accepting Bitcoin
It will be the world currency. Welcome to the New World Order...on steroids.
“You put in US dollars and receive bitcoins back on your phone.”
It would have been bigger news if it were the other way around.
Well I guess if we can have a Kenyan for POTUS we can have a Bitcoin.
Educate yourself. Bitcoin transcends nation states, and the ability of politicians to corrupt currencies. Its timing couldn’t be better.
Yep, Mr. Byrne is correct. Companies can’t afford to let the 3-4% slide that credit cards charge merchants. This amount will double profits for corporations with tight margins.
What a wonderful time to be alive to witness this paradigm shift.
Does it take pogs?
That can be arranged. You can get USD back from a company like Coinbase in exchange for Bitcoin. My question is ( watching the rapid growth of Bitcoin) why would you want to do that?
Agree 100%, the timing could not be better. It is like a God sent lifeboat, nothing beastly about it.
“co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show”
Cool! I’ve always wondered what a bitcoin looked like! Are they going to have different denominations? If so, whose pictures will be embossed on the obverses? I propose Jon Von Neumann, J. Presper Eckert and John William Mauchly.
“My question is ( watching the rapid growth of Bitcoin) why would you want to do that?”
To buy a Snicker bar, say, or rent an apartment. It’s just not that fungible at this point.
Does the vending machine in the men’s washroom at Big Joe’s Truckstop Diner take Bitcoins?
Which brings up the unusual question, does the CDC offer free ribbed condoms "for her pleasure"? #WARONWOMINCONTINUES
It will, and sooner than you think. The misconception is that BC has to be converted int USD for use; not at all.
Can I put Monopoly Money in those machines to get Bitcoins?
1 Bitcoin is divisible by 100,000,000 Satoshi ( cents for lack of a better term) that is fungibility my friend.
You won’t have to wait much longer to go to the corner store and pay with Bitcoin. The adoption curve is about to go parabolic!
In 5 years, you'll put in US dollars and receive laughter back on your phone.
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