Liberty Teller Continues Regional Expansion With New ATM in Cambridge's Kendall Square
The folks over at Liberty Teller are expanding their regional network of bitcoin ATMs with the introduction of their latest operated device installed inside of the MIT COOP retail store in Kendall Square. "We are pleased to bring our bitcoin ATM to Kendall Square's vibrant tech and startup community which is home to Google, Facebook, Twitter, MIT, and the Cambridge Innovation Center among others. Along with the MIT Bitcoin Project ($500K giveaway), the public launch of Circle, and an increasing number of local merchants accepting bitcoin, Cambridge/Boston is showing the world that it is a....
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The Massachusetts Institute of Technology (MIT) is now home to a new Liberty Teller bitcoin ATM, located at the MIT Coop store in Kendall Square, Cambridge, in an installation that marks MIT's first on-campus bitcoin ATM. The ATM launch represents another step in the development of what observers have labelled the development of the world's first "bitcoin economy" at MIT. Other aspects of the initiative include the distribution of $100 in bitcoin to undergraduates this coming fall, as well as the MIT Bitcoin Expo conference held in May. The MIT Coop is a member profit-sharing cooperative....
Talk to the average person about bitcoin and the response is usually the same. How on earth do I get Bitcoin? Well, co-founders Chris Yim and Kyle Powers are seeking to help connect the common man to access Bitcoins through their Liberty Teller organization. Having set up America's first Bitcoin ATM in South Station in Boston, MA earlier this year, Yim and Powers set up a second one Monday in Harvard Square. How does it work? The newly setup BTC kiosk in Harvard Square. Photo by the Liberty Teller Twitter Page. These kiosks are surprisingly simple to use. The Liberty Teller site explains....
Boston-based ATM network provider Liberty Teller has been one of the more high-profile local ATM operators due to its ability to place machines in notable locations such as South Station and Harvard Square, two of the metropolitan area's biggest commuter hubs. Liberty Teller rose to prominence by taking a more guerrilla approach to distributing its Lamassu ATMs, opting to set up units without merchant partnerships and in attention-grabbing locations as a way to spread awareness about bitcoin. This boots-on-the-ground strategy may soon be getting a boost, however, as Liberty Teller was....
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....
Since Bitcoin has been revolutionizing money in profound ways many ideas have come to life. Many of these concepts are new technologies added to the culture of traditional finance we see all the time. From cryptocurrency debit cards, NFC touchless payments, and the ATMs crypto is slowly finding its way into mainstream society. Since legitimizing itself....