“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The IMF Lays The Groundwork For Global Wealth Confiscation
Japan should let elderly ‘hurry up and die’: finance minister Taro Aso
US to Slap New Sanctions on Syria
Chinese Way of Doing Business: In Cash We Trust
Bitcoin to Congress: Back Off
Investors in Hot IPOs Are Overlooking Some Serious Risks
Congress still at near-record low approval rating
Banknote printer De La Rue to cut jobs in shift to electronic payments
IMF finds $11 billion ‘black hole’ in Greece’s finances
Fed Balance Sheet Hits Record $3 Trillion
Citigroup Victim Of $400 Million Mexican Fraud
‘Fusion centers’ spark security controversy
Just say no when the TSA asks you to 'chat'
Judge Orders CoinLab to Give Bitcoin to Bitvestment
Leaked documents show massive expansion of CIA budget