The Evolution of the Bitcoin Vending Machine
A Cryptocurrency vending machine has been found at the Massachusetts Institute of Technology (MIT). Just recently MIT Media Lab’s Ethan Zuckerman tweeted to his followers about the campus’ machine, which accepts bitcoin and is stocked with nothing but Soylent meal replacement drinks. The Bitcoin-Friendly Vending Machine at MIT Media Lab. Previously, the....
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MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with a QR code for people to conveniently scan. The machine first came to public attention sometime last year, as a few people tweeted about the possibility of MIT Lab getting a bitcoin-compatible vending machine. Speculation made its way....
As the number of bitcoin-friendly merchants grows, so does the number of items and services users can get for bitcoin. It can now buy you a pricey Alienware gaming laptop, some home furnishings at Overstock or lunch and a couple of drinks in a number of establishments around the world. Here we look at unconventional and cool gadgets that accept bitcoin. They are still few and far between, but they offer a glimpse into the future and demonstrate that digital currencies can augment or even replace cash in the vending machine industry and a few other niches. Smart vending machines have been....
Proceeds from the NFT vending machine at this year's NFT.London event will be donated to charity. Multi-chain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year's NFT.London event scheduled for Nov. 2–4. The NFT platform hopes to provide an easy and accessible way for people who want to start buying and trading digital assets without needing deep knowledge of the Web3 industry. The vending machine will allow users to purchase an NFT without owning a digital wallet.Users who want to purchase an NFT through....
As a part of a university project in 2012, student Max Albrecht designed a cryptocurrency vending machine that converted €1 coins into bitcoin. This low-tech version of a bitcoin ATM was built with a modest budget of €150 (around $200 at today's prices). Furthermore, it was created not as part of a tech, business or computing course, but as an art installation. To create his ATM, Albrecht bought a second-hand vending machine that cost him roughly €80 ($110). He printed out both private keys and links to individual online wallets, put the paper slips in small cardboard boxes, and put those....
Tom Truitt hasn't been in the vending business a long time. But he knows one of the biggest changes taking place in vending machines found in cafeterias and break rooms is the introduction of cashless payment. And while the vending industry is adopting cashless payment and even mobile payment, Truitt has an even more futuristic vision for vending. He sees Internet cloud-based management of millions of vending machines that accept cryptocurrency. Truitt's company, Philadelphia-based Liberty Vending LLC, is developing a software system that manages bitcoin payments in vending machines. His....