I bought bitcoin at a deli — here's how it works
At first glance, Mario's Gourmet Deli, a New York City bodega on the corner of West 106th Street and Amsterdam Avenue, looks like a regular corner store.
But inside there's an ATM that gives folks access to what some view as the future of payments and finance: bitcoin.
The recently installed ATM was featured in a New Yorker piece by Ian Parker, who described it as a "machine with the body of a regular ATM but the soul of a lottery terminal."
I paid the deli a visit to buy some bitcoin, the digital coin that's up over 400% this year. Here's what it was like. (Please excuse my poor photography skills.)
Here's a shot of Mario's.
The bitcoin ATM looks like a normal one, but it doesn't work the same. You can't withdrawal bitcoin, as it's not a physical currency, and it accepts only cash.
A Coinsource bitcoin ATM allows you to buy up to $3,000 worth of the cryptocurrency, which is less than one coin. I bought the minimum amount, $5.
See the rest of the story at Business Insider
Contributer : Tech Insider http://ift.tt/2hoOvkg
I bought bitcoin at a deli — here's how it works
Reviewed by mimisabreena
on
Saturday, September 23, 2017
Rating:
No comments:
Post a Comment