Vancouver to see first Bitcoin ATMs installed

“According to The Canadian Press, Vancouver-based Bitcoiniacs is one of the first to pre-order five US$20,000 RoboCoin Bitcoin ATMs. The ATMs work by asking the user for a Bitcoin wallet identifier, usually in the form of a QR barcode. Money is then deposited into the machine, and after deducting a nominal transaction fee, the wallet is credited in Bitcoin.  Bitcoiniacs’ brick-and-mortar shop already deals with cash to Bitcoin transfers, but so far requires appointments to be booked to conduct such transactions.  RoboCoin is competing directly with New Hampshire entrepreneurs Zach Harvey and Matt Whitlock, who are already accepting pre-orders for their own $5,000 Bitcoin ATM.”

http://www.zdnet.com/vancouver-to-see-first-bitcoin-atms-installed-7000020375/

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