A company called Enchanted Bitcoins in the US has produced what it believes is the US’ first Bitcoin vending machine. The machine, made by Lamassu, Inc., is installed at an upscale cigar bar and lounge in Albuquerque, New Mexico. It accepts cash in exchange for the virtual currency Bitcoin. After the user inserts cash, the machine prints a QR code containing the Bitcoin hash which the buyer scans on their mobile phone. The use of Bitcoins to buy and sell goods is gaining popularity worldwide. The virtual currency’s anonymity and decentralized nature allow cross border trade with minimal service fees or charges. But the currency has drawn criticism for the high speculation on its actual monetary value and its alleged use by drug traders and criminal syndicates.
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