First Bitcoin ATM debuts in the New York. The
world’s first bitcoin ATM debuts in the New York City. It works just like the
traditional ATM machines present in the world. It does not need to link you a
specific bank account instead you need to have a bitcoin wallet to transmit
funds.
The
first bitcoin ATM has showcased by the Josh Harvey, co-founder of Lamassu, at
the consumer Electronic Show (CES) 2014. Design and develop in Portugal the
dispenser allows you to get the bitcoins on your smart phone when you insert US dollars in it. It
is more likely a vending machine rather a typical ATM.
The
bitcoin ATM is first introduced in the New York City by Willard Ling, who is Brooklyn
native.
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