Post
Topic
Board Bitcoin Discussion
Topic OP
ATM in Budapest dispenses Bitcoins
by
LakeBTC
on 27/08/2014, 02:02:23 UTC
Users can deposit forint bills in the machine and receive Bitcoins, the digital currency that is gaining traction around the world. If the user has a Bitcoin wallet, the QR code can be read on the device. Anyone who does not have the Bitcoin wallet mobile application can print out a sheet of paper with a QR code representing the purchased units.

Bitcoins were invented for trade on the internet. They are not issued by a central bank, but are valued based on demand. They are currently valued at around $508, but their value has fluctuated widely, reaching $1,147 last December.

This Bitcoin ATM was created by a firm called Lamassu and is locally owned and operated by Barnabás Debreczen.

...

http://www.bbj.hu/budapest/atm-in-budapest-dispenses-bitcoins_84133