
“Their invention, the Bitcoin Machine, is gaining widespread attraction within the community of Bitcoin users after its debut at the third international Bitcoin conference, ‘The Future of Payments,’ in San Jose, Calif., May 17-19. The machine allows users to insert currency into a bill validator, a common component of any vending machine. The machine calculates the value of the currency and displays a QB code (those fancy bar codes that mobile devices can read). Customers ‘read’ the QB code with their mobile device, and Bitcoins are deposited into their virtual ‘wallet’ based on the value of Bitcoin per dollar at that moment.”
http://www.unionleader.com/article/20130512/NEWS02/130519874
Related posts:
Americans don’t want U.S. military strike against Syria, poll finds
Tens of thousands protest against India cash ban
NATO members could act against Syria without UN mandate
Teen Faces Child Porn Charges For Tweeting Nude ‘Selfie’
Cardboard officer cuts crime by 67% at Mass. subway stop
The government has your baby's DNA
IMF finds $11 billion ‘black hole’ in Greece’s finances
Is Your College Going Broke? The Most And Least Financially Fit Schools In America
Robbers posing as police steal $261,000 from Saudi government official
Overstock.com CEO Discusses The Company Accepting Bitcoin
Privacy fears cause more to cover online tracks
Television set injuries on the rise in the U.S.
The Government’s Perilous Bitcoin Chase
SpaceX Launches Craft for Space Station Deliveries
Bank of Cyprus Depositors Face New Blow With Share Sale