by RYAN TAYLOR on SEPTEMBER 12, 2014 0
Last night, Workshop Cafe proudly hosted the grand opening of San Francisco’s first Bitcoin Teller Machine (BTM). This particular machine is made by BitAccess and features the somewhat unique and very much sought-after feature in that it allows users to buy and sell Bitcoin for USD. Each transaction, handled with a very slick user interface, takes less than a minute. The launch of this BTM is a big deal for San Francisco but also for Bitcoin as a whole.
Located in San Francisco’s financial district, Workshop Cafe is a very large coffee shop with plentiful workspaces featuring all of the tech that a modern business lifestyle requires which now includes the ability to trade USD for BTC as quickly and easily as it is to withdraw USD from any other teller machine on the street. The BTM will be stationed near the entrance of the cafe where any everyday passerby may stop to make a transaction or ask someone nearby, “What is this thing?” In either case, the location and functionality of this addition will be a much appreciated benefit to those who live and work in San Francisco, as well as those who come to tour the city.