First Bitcoin ATM Have Been Installed in South Brisbane, Queensland

(Last Updated On: May 18, 2014)

First Bitcoin ATM have been installed in South Brisbane, Queensland. First Bitcoin ATM is running like a charm and allowing Bitcoin users to customers easily withdraw and sell the digital currency.

Click me to see full image (Credits goes to @Tainted_Man)

People are rushing toward and shopping using their Bitcoin digital currently the Roastery Cafe co-owner Bruce Carrall said:

There’s a lot of people who have been waiting for this. There’s Bitcoiniacs who have meetings everywhere every week, and these groups are growing rapidly. I saw photos online of guys lining up out the door to use the machine so we looked into it. The turnover of these machines was incredible and they were spreading rapidly. They’re in the US, UK, Singapore, Hong Kong and Canada.

So, Roastery Cafe accept Bitcoin receipts from the machine for payment, with a $3.50 coffee costing which is equivalent to 0.007311 Bitcoins cryptocurrency.

The machine can also deal with other digital currencies like Litecoin or Dogecoin. However, the process to use this ATM machine is quite different then regular ATM machines.

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