Could this be the stepping stone to the exchange of completely electronic currency?
VIA NBC NEWS
VANCOUVER (Reuters) – A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for
the digital currency bitcoin, offering an almost instant way to exchange the world’s leading virtual money for cash.
The value of a bitcoin soared from $13 in January to a high of $266 in April as more businesses and consumers used them to buy and sell online. Some investors are also treating bitcoins like gold, using them to hedge against currency fluctuations and speculating on their rise.
The kiosk, which looks like the average ATM but with hand and barcode scanners, opened for business on Tuesday and by mid-morning people were lined up to swap their bitcoins for cash, or to deposit cash to buy more bitcoins.