Lamassu Bitcoin Vending Machine Spotted in Boston's South Station
Source: 'odds-on', Reddit.com. Yesterday, various media outlets (including newsBTC) reported that the first known Lamassu bitcoin vending machine was to hit New Mexico in the coming days. As it turns out, that just might not be accurate. Reddit.com user 'odds-on' posted this photo to a photo sharing service, noting that he spotted the Lamassu machine during his morning commute in Boston's South Station right here in Massachusetts. The device is branded with a LibertyTeller logo, and it would appear the company has a website. Therein, information that the company was founded by close....
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Image Courtesy: LibertyTeller (Twitter). As quiet as the first launch in South Station came, the folks over at LibertyTeller have launched their second machine in Harvard Square in Cambridge, Massachusetts. Also a unit from Lamassu, the device serves as a bitcoin vending machine, allowing users to insert U. S. dollars in exchange for bitcoin in approximately thirty seconds. The move isn't surprising. When I spoke to Kyle Powers and Chris Yim in Boston several weeks ago, they told me they had plans to expand, but at the time were uncertain of locations. Specifically, the unit is located at....
Though they missed becoming the first operational bitcoin ATM in the US by less than 24 hours, the entrepreneurs behind Liberty Teller caused quite a stir when they revealed that they would boot up their new Lamassu machine in Boston's busy South Station on 19th February. The largest train station in the Boston metropolitan area, South Station holds 13 tracks and seven platforms as part of the city's public subway system, and is the last stop for New England commuters who take the public commuter rail. These additional lines provide extended service to nearby metros Providence and....
We've been calling the Lamassu bitcoin machine an ATM for some time, but we should properly correct ourselves and call it a bitcoin 'vending machine', because it does not exchange bitcoin-to-cash. Rather, you insert cash, and you get bitcoin sent to an address of your choosing. That said, The Verge has uploaded a great video from CES 2014 demonstrating the machine, along with a question-and-answer session with Lamassu CEO Zach Harvey. It's pretty interesting, so if you find yourself with a spare few minutes, check it out.
In the midst of the hustle and bustle of a major travel hub are two friends who met in business school, Kyle Powers and Chris Yim, pulling long hours by their Lamassu bitcoin vending machine. They've founded LibertyTeller, and since they've launched on Wednedsay, they've gotten a tremendous amounts of attention, both from enthusiasts and the press. The chosen location for the kiosk is nothing short of prime. Boston's South Station. Millions of passengers commute through this facility every year, and Powers and Yim are doing their best to use that to their advantage - making this emerging....
Bitcoin vending machine manufacturer Lamassu has hit another milestone with the launch of what is believed to be the first bitcoin vending machine in the United States of America (not to be confused with ATM). Located at the Imbibe cigar bar in Albuquerque, New Mexico, the machine sits right by the University of New Mexico - giving students and others who are curious easy access to purchasing the emerging digital currency. The kiosk is operated by a company by the name of Enchanted Bitcoins. "This is very special for us. Enchanted Bitcoins are paving the way for mainstream Bitcoin....