“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
Related posts:
Bitcoin Gains Favor With Modern Day ‘Gold Bugs’ Seeking Financial Security
Thrown Off a United Airlines Flight for Taking Pictures
SpyFiles 3: A growing surveillance industry amidst government inaction
Mastercard Hates Bitcoins
Josie Harris Reads Letter from Guantanamo Bay
Lauryn Hill Ordered by the Court to Undergo “Counseling” Due to her “Conspiracy Theories”
Debate On Oklahoma Medical Marijuana Bill Continues
Survey Finds that 41 Percent of Small Business Owners Have Frozen Hiring Because of Obamacare
6 year old expelled over toy gun allowed back into school
State Dept cites D-Day as example of ‘strong relationship’ with Germany
Fincen's New Regulations Are Choking Bitcoin Entrepreneurs
California Approves $10 Minimum Wage; What Will Become Automated Now?
Department of Homeland Security’s untouchables: shielded by the badge
Court Rules Warrantless Cell Phone Tracking Violates Fourth Amendment
Do You Live in One of These States That People are Fleeing?