“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:
Marriage of George Soros Was Officiated By Michael Milken's Judge
Homeland Security Purchases 2,700 Light-Armored Tanks to Go With Their 1.6 Billion Bullet Stockpile
Iraq Is Not A Nation And You Can’t Build One There With Bombs
Peter Thiel claims bitcoin has the potential to change the world
Fukushima apocalypse: Years of ‘duct tape fixes’ could result in ‘millions of deaths’
Xapo Raises $20 Million To Bury Your Bitcoin Underground
Police Officer Who Shot At Man During Traffic Stop Will Not Be Prosecuted
Instead Of Bonds, Buy This…
SecondMarket’s Bitcoin Investment Trust puts bitcoin in IRAs
Jim Rogers: Neither Obama nor Romney Are Worth My Vote
Marc Faber on Bloomberg Radio August 13, 2012
The NSA Playset: Espionage tools for the rest of us
How did we get here?
Swiss banks to divulge names of US account holders, pay billions in fines
UK police test 'faster-than-ever' facial recognition software