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(10 News)   World's first Bitcoin ATM unveiled in San Diego to facilitate purchases, redemptions, trade for Chuck E. Cheese game tokens   ( divider line
    More: Strange, Bitcoin ATMs, San Diego, token coin, digital currency, Scripps  
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1014 clicks; posted to Business » on 06 May 2013 at 7:37 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-05-06 09:21:24 AM  
2 votes:
How long until it's covered in RON PAUL stickers?
2013-05-06 10:48:09 AM  
1 vote:

ha-ha-guy: Parkanzky: Let's say that I want to buy $50 worth of pizza at a pizza shop that takes Bitcoins.

The other thing is, if you're the pizza shop what is your incentive to take this?  The guy hands you the bitcoins to pay for a pizza and 5 hours later Bitcoins drop a 100 dollars in value.  The real reason to take Bitcoins is to avoid the money trail and/or having to deal with the IRS.  If you're a brick and mortar store selling a physical product, there isn't much reason to take bitcoins.  Better off taking gold coins or something as barter than the bitcoin.

What are they thinking here?  You hit up the ATM before you go buy your drugs from the guy at the corner?  All that means is that the cops will start camping the ATM.

aevorea: I'm waiting for the article where the 'president' of the Bitcoin bank closes up shop and absconds with the money sitting in the various Bitcoin accounts.  They're not FDIC insured so they'll be litlte recourse for the account holders.

Considering a lot of the account holders are supposedly criminal organizations, I'd imagine it's mob style car insurance "You whack our car, we whack you."

That's the thing; there is zero incentive. Check out the girl on Forbes' blog trying to live a week on BTC. She couldn't find housing that accepted it and the only food places that took it were hipster artisan places that were way overpriced.

The process to accept BTC for small businesses is hilariously complicated and drawn out.

Of course, some BTC ;tards are now giving pieces of paper with BTC codes written on them as tips in restaurants. That's the BEST way to covert people to your Autism Kroners; tip servers with your useless internet play money.
2013-05-06 08:50:38 AM  
1 vote:
Can I trade in my flooz or beanz for these?
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