Topic: [2014-08-08] BitBeat: Phone-Based ATM App Foresees Multiple Mini Bitcoin Exchang (Read 960 times)
August 08, 2014, 05:12:41 AM
this could be a nice step for more btc adoption
August 08, 2014, 02:42:31 AM
http://blogs.wsj.com/moneybeat/2014/08/07/bitbeat-phone-based-atm-app-foresees-multiple-mini-bitcoin-exchanges/
Physical bitcoin ATMs are often described as a promising “on- and off-ramp” solution for linking bitcoin’s low-cost, borderless transaction capability with the traditional currencies in which most people still operate.
The problem is that the hardware comes at a cost and that setting one up is a logistical undertaking, which could dissuade business owners from installing them in their storefronts.
Physical bitcoin ATMs are often described as a promising “on- and off-ramp” solution for linking bitcoin’s low-cost, borderless transaction capability with the traditional currencies in which most people still operate.
The problem is that the hardware comes at a cost and that setting one up is a logistical undertaking, which could dissuade business owners from installing them in their storefronts.
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