Wednesday, February 26, 2014

Bitcoin ATM Puts ABQ on the Cutting Edge

If you had any doubts that Albuquerque’s on the cutting edge, you can put them to rest now.

Over the past several months, it’s possible you’ve heard of Bitcoin, a completely decentralized digital currency not connected to the U.S. dollar, any other currency, or natural resource. It’s really been catching on nationally and it shows tremendous potential for growth and for the economy.

Although Bitcoin is usually purchased online, you can get Bitcoins in person, right here in Albuquerque.

That’s right - last week, Mashable reported that the Imbibe Cigar Shop in Nob Hill now has the first ever functional Bitcoin vending machine in the United States!

Eric Stromberg, owner of the Albuquerque Bitcoin vending machine, told Mashable, “This is my current contribution to advancing Bitcoin into the mainstream.”

Here’s an informative demo video showing us how this new ATM works:



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