End of America

Unusual new ATMs could help Americans escape a dollar crisis

end-of-america
From Liberty Blitzkrieg:
 
The more I learn about Bitcoin, the more I support it. In fact, the only donations we accept on this site are Bitcoin donations.
 
As I mentioned in a post late last summer, I think it represents another way to fight back against the current repressive and immoral monetary system that has a strangle hold on the planet.
 
Ever since WordPress.com (the extremely popular blogging platform and 22nd-most popular site on the internet), decided to accept Bitcoin as payment last November, the value of Bitcoins versus the U.S. dollar has more than doubled.
 
The esoteric crypto-currency continues to gain popularity and technologies to make it even more user friendly are popping up all over the place. The latest is the Bitcoin ATM, which could be a serious game changer for adoption. From CNET:
 

NASHUA, N.H. — Zach Harvey has an ambitious plan to accelerate adoption of the Internet’s favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs that will let you buy Bitcoins anonymously.

 

It’s the opposite of a traditional automated teller that dispenses currency. Instead, these Bitcoin ATMs will accept dollar bills — using the same validation mechanism as vending machines — and instantly convert the amount to Bitcoins and deposit the result in your account...

 
 
More on currencies:
 
 
 
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