“42-year-old media entrepreneur Jeff Berwick hopes to bring Bitcoin ATMs to a city near you soon.  Berwick expects to put the first two ATMs in Los Angeles and Cyprus in the next two weeks and is choosing between several different retail locations in both areas. He added that orders are coming in by the hundreds from 30 different countries.  Berwick will charge roughly $10,000 to ATM operators to maintain the machines and then split fees with those operators. So far, Berwick has used his personal savings to develop the software and build out the first prototype. He is currently hoping to raise between $1 million and $3 million in outside capital.”

http://money.cnn.com/2013/04/04/investing/bitcoin-atms/index.html

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