“The machine had 81 transactions worth CND$10,000 on its first day (which is $9,500 US or 48 BTC), and $30,000 on its second day (or $27,800 US/139 BTC), says Mitchell Demeter of Bitcoin broker Bitcoiniacs, which bought the $18,500 machine from Reno, Nevada-based Robocoin. While most of that is people buying Bitcoins, $6,000 worth of Bitcoins have been traded for Canadian cash. Demeter says he’s planning to install four more Bitcoin ATMs around Canada. Financial regulators have told him they’re not interested in his ATM as Canada doesn’t regard Bitcoin as a currency. The machine’s only nod toward the law is a palm scanner.”
http://www.forbes.com/sites/kashmirhill/2013/10/31/why-are-people-so-excited-about-a-bitcoin-atm/
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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