
“The goal for Skyhook, according to Hannis, is not to make money from the sales of the ATM units. The concept is more community driven, the idea being that if bitcoin ATMs are widely available for people to use, bitcoin adoption will proliferate. The ATM’s retail price will be $999, and Skyhook will be accepting bitcoin as payment. The idea is to open-source the ATMs once they are ready, which is what Hannis and a small group of developers are working to complete. While a Lamassu unit will set you back $5,000, and a Robocoin model nearer the $20,000 mark, the Skyhook ATM team have used low-cost hardware to keep the unit’s price down.”
http://www.coindesk.com/skyhooks-open-source-bitcoin-atm/
Related posts:
State Dept cites D-Day as example of ‘strong relationship’ with Germany
Ecuador To Hand Assange Over To U.K. What's Next?
South Carolina Introduces Anti-NDAA Legislation
Anaheim & the Feds Use Civil Forfeiture to Subvert State Law
Dallas Now Has Its Very Own Bulletproof, "Mine-Protected" Military SUV
Supreme Court Approves Search Warrants Issued by Dogs
Saudi prince defects: 'Brutality, oppression as govt scared of Arab revolts'
Big Tech Insiders Selling Their Stocks Faster Than Any Time In History
ObamaCare & Medical Costs Inflation Bill at Delta: $100 Million
Man Helping Sick Wife Charged With Marijuana Trafficking
The Communist Romania Exit Tax
Former narcotics officer: We terrorized families over a bag of pot
Nigel Farage on "wholesale, violent revolution" in Europe
JP Morgan Getting Ready To Settle For $1 Billion For Manipulating Energy Markets?
Poland's Idea Bank Puts Mobile ATM Into BMW i3