WIRED Tour of Robocoin: First Bitcoin ATM

Bitcoin Wired Mag Robocoin goes live

Wired.com – Robocoin Goes Live

Today marks the day when automated personal banking will truly reach new heights, possibly eliminating the need for human assistance in banking. Wired.com has the latest on the new Bitcoin ATM machines being released in Canada by a company called Robocoin.

The Robocoin isn’t like other ATMs. It doesn’t take debit or credit cards. It’s a cash-only machine. You put your money in, and it gives you numbers — addresses that link to bitcoins, the world’s most popular digital currency. Or, if you already own some bitcoins, the machine can scan a QR code on your mobile phone and dispense cash.

Murck says it won’t be long till we see them in the US. 

Although the Robocoin user interface is still rough and not exactly easy to use, bitcoin’s supporters are excited about the machine. “I think it’s great for bitcoin because it increases access to bitcoin for the mainstream public,” says Patrick Murck, the lawyer for the Bitcoin Foundation, a nonprofit group that maintains the core bitcoin software and advocates for the digital currency. He expects to see bitcoin ATMs in the U.S. soon.

More pictures and the full article can be found here: http://www.wired.com/wiredenterprise/2013/10/bitcoin_atm_gallery/

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