[2014-07-08] Los Angeles Receives First Bitcoin ATMs in California Read more at

[erono]

http://usfinancepost.com/los-angeles-receives-first-bitcoin-atms-in-california-20872.html

Bitcoin users in Los Angeles will now be able to exchange digital currency for cash at two bitcoin-to-cash ATMs that opened in Los Angeles in late June. The ATMs, managed by Santa Monica bitcoin payment processor ExpressCoin, are both located in two Locali Conscious Convenience stores.

[indiemax]

Bitcoin is a cryptocurrency that first appeared in 2009 when an anonymous creator “buried” 21 million coins online.




What?!

[LiteCoinGuy]

yeah, he buried them. not all people know this.

[fryarminer]

Bitcoin is a cryptocurrency that first appeared in 2009 when an anonymous creator “buried” 21 million coins online.




What?!

HAHAHA!!! Have you never heard there's a lot of dirt online?

[ALToids]

If the drop one of these outside Disneyland I could use my stash to pay for a little vacation.  Ideally I would like to see the stores around the ATM start accepting BTC as well.

[kuusj98]

If the drop one of these outside Disneyland I could use my stash to pay for a little vacation.  Ideally I would like to see the stores around the ATM start accepting BTC as well.

The time is about right for supermarkets to accept Bitcoin, just imagine how easy it will be to go to your store and just tap your phone and pay and don't have to deal with pesky physical coins

Anyway, there was also a guy who trew a HDD in the garbage containing thousants of BTC
Bitcoin took of when that guy bought a pizza for a redicilous amount...

[bitcool]

http://usfinancepost.com/los-angeles-receives-first-bitcoin-atms-in-california-20872.html

Bitcoin users in Los Angeles will now be able to exchange digital currency for cash at two bitcoin-to-cash ATMs that opened in Los Angeles in late June. The ATMs, managed by Santa Monica bitcoin payment processor ExpressCoin, are both located in two Locali Conscious Convenience stores.

If someone can put one in LAX, that would be much more useful.

[Ron~Popeil]

http://usfinancepost.com/los-angeles-receives-first-bitcoin-atms-in-california-20872.html

Bitcoin users in Los Angeles will now be able to exchange digital currency for cash at two bitcoin-to-cash ATMs that opened in Los Angeles in late June. The ATMs, managed by Santa Monica bitcoin payment processor ExpressCoin, are both located in two Locali Conscious Convenience stores.

If someone can put one in LAX, that would be much more useful.

All international airports should have them. Store your funds when you depart and collect them in the form of local currency when you arrive. Fast, secure, and if priced correctly a lot cheaper than traditional currency exchanges.

[bitsmichel]

http://usfinancepost.com/los-angeles-receives-first-bitcoin-atms-in-california-20872.html

Bitcoin users in Los Angeles will now be able to exchange digital currency for cash at two bitcoin-to-cash ATMs that opened in Los Angeles in late June. The ATMs, managed by Santa Monica bitcoin payment processor ExpressCoin, are both located in two Locali Conscious Convenience stores.

If someone can put one in LAX, that would be much more useful.

All international airports should have them. Store your funds when you depart and collect them in the form of local currency when you arrive. Fast, secure, and if priced correctly a lot cheaper than traditional currency exchanges.

I think the ideal situation would be where you can pay with bitcoin directly in any country of the world, as in a global currency.  In the case of exchanging in the country of arrival, you would still have fees from the machine there, but perhaps a lot less.

[qiuxiang]

Bitcoin is a cryptocurrency that first appeared in 2009 when an anonymous creator “buried” 21 million coins online.




What?!

It is just a metaphor.

[theonewhowaskazu]

actually i think buried is a surprisingly apt metaphor. He doesn't still control them, he can't really affect them, he just defined what they were and scattered them around in hard to find places.

[ThomasCrowne]

You know...I've been thinking about trying to get a couple of friends together in order to do a private group-buy on a bitcoin ATM for our locality and I got to wondering.  Given there are bitcoin ATM's that range in price from ~$1,000 all the way up to $15,000-$20,000 I wonder if the respective rates that the owners of said rigs also reflects the cost of their units.  In other words, on the whole, are robocoin ATM owners charging a higher above and below <whatever_exchange_or_avg> than owners purchasing say for example a SkyHook bitcoin ATM?