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Author Topic: [2014-08-26] Deposit Cash in Bitcoin A.T.M.  (Read 697 times)
ganabb (OP)
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August 26, 2014, 02:32:11 AM
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http://dealbook.nytimes.com/2014/08/25/on-to-do-list-deposit-cash-in-bitcoin-a-t-m/?_php=true&_type=blogs&_r=0

A cashless society is still a long way off, but automated machines that turn traditional money into virtual currency are cropping up across the globe. The trend has come to New York — Flat 128, a retailer that sells British jewelry and accessories in the West Village, is home to the first such machine in Manhattan and is becoming a destination for Bitcoin enthusiasts.

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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August 26, 2014, 03:36:24 AM
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Great stuff. I wonder if the rate to exchange cash USD to BTC is comparable to the online exchanges.

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