South America's First Bitcoin ATM
São Paulo, a city in Brazil, is getting the first Bitcoin ATM in all of South America. The machine will be up and running at Campus Party, a 7-day global technology festival that has events such as lectures, hackathons, and more. The ATM is one of these sleek "Bitcoin Machines" designed by Portuguese company Lamassu. Image from TechCrunch. Lamassu's ATMs claim to convert fiat (regular cash) into Bitcoin within 15 seconds. They're quite small (35.6cm width x 48.1cm height x 26.9cm depth) and they offer an easy-to-use interface. Furthermore, there are no licensing fees and the ATMs accept....
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