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First bitcoin ATM to debut in NYC
New York Post ^
| January 12, 2014 | 5:50am
| Joseph Gallivan
Posted on 01/12/2014 7:20:10 AM PST by TsonicTsunami08
Bitcoin ATMs are coming to the city. Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last weeks Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines. The machine, designed and manufactured in Portugal, looks like a typical deli ATM but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
(Excerpt) Read more at nypost.com ...
TOPICS: Business/Economy; Computers/Internet; Science; Society
KEYWORDS: atm; bitcoin; bitcoinatm; ces; ces2014; coinbase; cryptocurrency; currency; dollarsforbitcoin; nyc
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To: TsonicTsunami08
Reminds me of a classic scene from The Office:
Dwight: Very good. You have earned one Schrute buck.
Stanley: I don't want it.
Dwight: Then you have been deducted 50 Schrute bucks.
Stanley: Make it a hundred.
Dwight: Wh...don't you wanna earn Schrute bucks?
Stanley: No. In fact, I'll give you a billion Stanley nickels if you never talk to me again.
Dwight: What's the ratio of Stanley nickels to Schrute bucks?
Stanley: The same as the ratio of unicorns to leprechauns.
To: OldRanchHand
To: TsonicTsunami08
These machines are going to be literally “cash cows” for their owners when they add up their “commissions” for the low-overhead transactions.
To: House Atreides
Yes, you are correct. Some perspective as to where we are with Bitcoin. If you missed this wave here is your chance to catch it! Its like deja vu all over again.
Steve Jobs and Bill Gates discuss the PC's future. Jobs' Palo Alto home, 1991
To: Extremely Extreme Extremist
Bitcoin = Mark of the Beast.
A pretty unlikely candidate.
25
posted on
01/12/2014 10:19:04 AM PST
by
Lee N. Field
("You keep using that verse, but I do not think it means what you think it means.")
To: TsonicTsunami08
"Please take your cash. Would you like a receipt? Thank you for banking with Bitcoin."
To: ProtectOurFreedom
And banks aren’t using binary code? The difference is Bankters know very little nor care to know about network security. Hence large security breaches of personal information via credit cards.
All this goes away with Bitcoin.
To: livius
Welcome to the New World Order...on steroids.The NWO is to be created by governments. So, why did you say that? BitCoin isn't. Just wanted to chime in with something?
28
posted on
01/12/2014 4:38:52 PM PST
by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: pingman
29
posted on
01/12/2014 5:24:10 PM PST
by
Rodamala
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