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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 week’s 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.

21 posted on 01/12/2014 9:17:57 AM PST by OldRanchHand
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To: OldRanchHand

hahahahahahahahaha LOL!


22 posted on 01/12/2014 9:20:11 AM PST by TsonicTsunami08
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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.


23 posted on 01/12/2014 9:34:38 AM PST by House Atreides
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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
24 posted on 01/12/2014 9:51:38 AM PST by TsonicTsunami08
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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.")
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To: TsonicTsunami08
"Please take your cash. Would you like a receipt? Thank you for banking with Bitcoin."


26 posted on 01/12/2014 11:18:44 AM PST by ProtectOurFreedom
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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.


27 posted on 01/12/2014 1:49:23 PM PST by TsonicTsunami08
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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.)
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To: pingman
Coming soon: Why come you don't have a tattoo?

Some would say mark of the beast.

29 posted on 01/12/2014 5:24:10 PM PST by Rodamala
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