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Re: Jersey City to get N.J.'s first Bitcoin ATM
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Home away from home
 
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I guess they are searching for the suckers and the ignorant.
Posted on: 2015/7/16 14:22
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Re: Jersey City to get N.J.'s first Bitcoin ATM
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Home away from home
Joined:
2013/3/29 21:43 Last Login : 2023/9/5 18:27 From Bergen Hill
Group:
Registered Users
Posts:
1980
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Drug dealers rejoice!
Posted on: 2015/7/16 14:04
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Dos A Cero
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Jersey City to get N.J.'s first Bitcoin ATM
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Home away from home
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Jersey City to get N.J.'s first Bitcoin ATMBy Exciting news: Journal Square is getting the first Bitcoin ATM in the state of New Jersey. What's a Bitcoin? According to Michael Singh, founder of Kointron, the company behind the ATM, Bitcoin is a digital currency currently gaining traction because it's decentralized (no government or institution controls it) and it's anti-inflationary. Your next question is probably, okay, but why would I need Bitcoins? Singh says that they're safe and a good investment. Many companies now accept payment in Bitcoin, including Microsoft, Dell, and eBay. Because their value goes up over time, he sees Bitcoins as a good investment. Using the Bitcoin ATM isn't like your typical bank ATM. You'll need to first download an electronic wallet, such as Airbitz, to your phone. That e-wallet will store your Bitcoins. Each wallet has an address associated with it. You'll insert cash into the ATM (it only accepts cash), scan the code from your e-wallet, and get Bitcoins deposited electronically to your account. Read more: http://www.nj.com/hudson/index.ssf/20 ... js_first_bitcoin_atm.html
Posted on: 2015/7/16 5:00
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