Friday, February 21, 2014

Bitcoin ATMs, Oh Yeah This Is Really Great

There is a lot of news out announcing the installation of Bitcoin ATMs in the United States.

Robocoin is installing one in Austin, TX.

But, get this, in order to use the ATM you must provide your cell phone number, a government issued ID and your face and palm will be scanned.

Is is any wonder that prosecutors are calling Bitcoin "prosecution futures."

Please Bitcoin fanboys, tell me again what the advantage is to such a trackable payment process.

Personally, I'm sticking to brown paper bags.