Camp Bassfish
16th July 2014, 06:01 AM
ALBANY -- Civilization may have been born in Ancient Greece but according to the owner of a Greek coffee shop and bakery, the currency of the future has arrived in downtown Albany.
"Bit coin is cash, just in the digital sense," explains Paul Paterakis, owner of Coffee Time at Hellas Bakery.
CT@HB, claims Paterakis, is home to New York State's first Bit Coin ATM. Not only can you use the online currency here to buy a drink, snack or sandwich but you can also feed the kiosk cash which it converts to online money.
"An ATM puts a reality, a face to it, and also some customer service along with it."
With Bit Coin, your account--or virtual wallet--is linked to a bar code or QR code that is swiped and depleted through purchases. So, far there are about ten Bit Coin transactions a day at CT@HB.
http://wnyt.com/article/stories/S3504355.shtml?cat=300
"Bit coin is cash, just in the digital sense," explains Paul Paterakis, owner of Coffee Time at Hellas Bakery.
CT@HB, claims Paterakis, is home to New York State's first Bit Coin ATM. Not only can you use the online currency here to buy a drink, snack or sandwich but you can also feed the kiosk cash which it converts to online money.
"An ATM puts a reality, a face to it, and also some customer service along with it."
With Bit Coin, your account--or virtual wallet--is linked to a bar code or QR code that is swiped and depleted through purchases. So, far there are about ten Bit Coin transactions a day at CT@HB.
http://wnyt.com/article/stories/S3504355.shtml?cat=300