“A bitcoin ATM was revealed at a London conference today, allowing users to convert bank notes into the digital currency. To use the ATM, you need to have an existing Bitcoin wallet number. First, it scans a QR code of your Bitcoin address. Then, the user has to feed bank notes into the machine, which are converted at the current exchange rate and deposited into their account. While the deposit takes moments, it can take several minutes for an account to be updated. Bitcoin can be purchased via online exchange sites, but the ATM means you don’t need to use a credit or bank card, helping to keep the transactions anonymous, the company said.”
http://www.pcpro.co.uk/news/382783/bitcoin-atm-launched
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