That’s the hope of Derek Stevens and Jordan Kelley, who met Wednesday on the casino floor as they prepared to launch the first Bitcoin ATM ever placed in a casino.
Standing against a wall next to the hotel gift shop, which accepts the virtual currency, the 5-foot, 7-inch Robocoin machine was powered up Thursday, allowing customers to transform Bitcoin into cash and cash into Bitcoin.
“I’m anxious. I’m excited about it,” Stevens, the casino’s owner told Kelley, CEO of Las Vegas-based Robocoin. “But it’s not something you can project that easy.”
Robocoin can hold upward of $500,000 in cash. Kelley likes to think of rich foreign businessmen storing loads of cash in Bitcoin before traveling to Las Vegas and emptying their online wallets in the form of dollars at the casino.
if the claims are true, then it's possible to live in Las Vegas on Bitcoin?
-bm