Lamassu, RoboCoin Bitcoin ATMs show their stuff in San Jose #Bitcoin2013
Two machines for changing dollars to bitcoins were on the show floor at the Bitcoin 2013 show in San Jose, though only the machine from Lamassu Bitcoin Ventures was up and running when CoinDesk toured the expo. Lamassu's machine is a small, glossy white box about the size of a microwave oven, with a slot to accept bills, a screen and a camera that can read QR codes from a user's wallet app on a smartphone screen. Attendee Evan Rose fed two $20 bills into the machine and saw the bitcoins hit his digital wallet within seconds. "There goes my cab fare," he joked. "Convince your cab driver to....
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Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin's new compliance standards. In response to Robocoin's move to enforce AML/KYC compliance for all of its ATM operators (even non-American ones), some Bitcoin enthusiasts have banded together to port Lamassu's open source Bitcoin ATM software to run on Robocoin's hardware. Currently, the Lamassu Robocoin ATMs only have buy functionality; however, both sell and optional AML/KYC features are also in the works. Also read: Bitcoin ATM Disappointment and the Huge Bank-like Fees for Using Them. New....
Seattle and Austin will soon become the first US cities with bitcoin ATMs, provided everything goes according to plan. The machines are coming from ATM manufacturer Robocoin and the company claims they will be installed by the end of the month, Reuters reports. Robocoin ATMs are more elaborate than their Lamassu counterparts. They are cash-only machines and they have a few additional security features, such as biometric and optical scanners. In theory, this should allow much higher levels of security than regular ATMs. The barcode scanner can be used to scan QR codes and transfer bitcoins....
Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....
With SXSW 2014 starting this week, Robocoin is gearing up to make four bitcoin ATMs in Austin, Texas accessible for the events. According to the Las Vegas-based company, three of the ATMs are already in place, and the fourth is dubbed the "Robocoin Rover", a Robocoin ATM that is capable of moving from place to place (see picture above). Here are the stationary locations: HandleBar: 121 East 5th Street. Dominican Joe's Coffee Shop: 515 South Congress Avenue. Central Texas Gun Works: 321 West Ben White Boulevard #203. The ATMs at HandleBar and Dominican Joe's are operated by Bitcoin Agents,....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....