California to get its first Bitcoin ATM Thursday

this is just too cool to not share! =)


If new tech doesn’t start in Silicon Valley, it doesn’t take long for it to show up there. Now Bay Area Bitcoin enthusiasts will have a chance to turn their cryptocurrency into cold hard cash.

On Thursday, Robocoin will unveil its new Bitcoin ATM in Mountain View at the 500 Startups’ Bitcoinferance. It’ll then move to a permanent home down the block at Coinage, LLC.

The Las Vegas-based company was the first to install a Bitcoin ATM in the U.S. last month — and it’s expanding quickly. The company’s first ATM debuted in Vancouver in October 2013 and Robocoin has since added a second in Canada, four ATMs in Texas and just shipped 10 units overseas. The majority of this happened in the last month under the shadow of MtGox’s collapse and the confusion over Satoshi Nakamoto.

Robocoin isn’t the only one trying to bring Bitcoin to the masses…

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