“Zach Harvey has an ambitious plan to accelerate adoption of the Internet’s favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs that will let you buy Bitcoins anonymously. It’s the opposite of a traditional automated teller that dispenses currency. Instead, these Bitcoin ATMs will accept dollar bills — using the same validation mechanism as vending machines — and instantly convert the amount to Bitcoins and deposit the result in your account.”
Need Bitcoins? This ATM takes dollars and funds your account
- Post author:The Freedom Watch Staff
- Post published:February 28, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, Bitcoin, CLibertyC, constitutional liberty coalition, economic Trends, Entrepreneurship, for life and liberty, free market, money, Resistance, sound money, technology, The Freedom Watch
The Freedom Watch Staff
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The Freedom Watch Network