Bitcoin now at a shopping centre near you
For instance, at Westfield in Sydney CBD you can go use a Bitcoin ATM. And this Friday in central London, Satoshipoint, a Bitcoin company is going live with two new Bitcoin ATMs and a third in Bristol.
But these aren’t your ordinary ATMs running Windows XP. No, these Satoshipoint ATMs have hand scanners for biometric authentication and facial recognition technology to identify you from your licence or passport photo.
Satoshipoint is doing all this with Robocoin machines. Robocoin is the world largest network of Bitcoin ATMs. Now in over 13 countries, with 12 different national currencies to exchange, Robocoin is building the infrastructure Bitcoin has been crying out for.
Bitcoin has gone from the ideals of the digital world to the high street. Even I had to concede that as early as last year Bitcoin was too complicated and difficult to get into for the average person.
But now it’s as easy as using an ATM.
This continued construction, both in the physical and digital worlds, is vital to ensure Bitcoin is a lasting success.
With continued global turmoil I have no doubt that more and more people will turn to Bitcoin as a trusted source for their finances.
As the Bitcoin community continues to develop the technology and the infrastructure, the legitimacy of Bitcoin will grow.
While the current global economic system is in shambles, Bitcoin goes from strength to strength. And as a viable alternative economic system it’s only going to get bigger, stronger and more dominant over the coming years.
Regards,
Sam Volkering+
Editor, Tech Insider
