The ATM, placed prominently in the Austin tavern, will be much like any other ATM you’ve used. You walk up, put in some money, and pull out bitcoin. Bitcoin owners will be able to sell through the machine and you will receive a receipt and an amount of BTC will be credited to your virtual wallet. The company already has ATMs in Vancouver and has shipped them to Asia, where they were briefly outlawed.
The company will turn on their ATM on Thursday, February 20, at 2pm. This ATM is just the beginning.
“Robocoin will be EVERYWHERE! We’ve just arrived in Texas and have already shipped to Seattle, Washington and Alberta, Canada,” said founder Jordan Kelley.
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