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Topic: [2015-10-29] Fairfax enters the growing world of bitcoin (Read 393 times)

sr. member
Activity: 336
Merit: 251
Good to see things like this happening. It will help to create awareness and to get people to ask what this bitcoin thing is all about.

This ATM is like a mini bitcoin billboard and we can do with the bitcoin logo in as many places as possible.


hero member
Activity: 700
Merit: 500
It's the little things that are a sign of progress towards everyday adoption and this is just a sample of it, albeit with minor errors in the content it's still a fair sign of progress (amazon accepts bitcoin part later in the article)
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On Sept. 30, a Shell gas station just off Chain Bridge Road became home to Fairfax County’s first bitcoin ATM.

The sleek novelty of the bitcoin machine, which was installed by the company Virtual ATM LLC and sits beside the gas station convenience store’s entrance, stands out amidst its mundane surroundings and in comparison to the relative modesty of a nearby regular ATM.

“This particular location we like because there’s a lot of traffic going by here, it’s near George Mason University, and more importantly, it’s open 24 hours a day,” John McKee, Virtual ATM’s founder and owner, explained.

Bitcoin is a form of digital money, though the Internal Revenue Service currently classifies it as an asset rather than a currency. The ATM lets customers convert cash into bitcoins or vice versa. McKee refers to the transaction as a “handshake” between the physical world and the virtual one.

The Fairfax Shell station houses one of four bitcoin kiosks in the Northern Virginia and Washington, D.C. area. The other three are located at the restaurant Spice on Wilson Boulevard in Arlington, The Diner on 18th Street in D.C., and the Amsterdam Falafel Shop on 14th Street in D.C.

http://www.fairfaxtimes.com/articles/fairfax-enters-the-growing-world-of-bitcoin/article_c4119ae6-7e75-11e5-8ca8-9f7808216758.html



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