ATMs, as we know them, serve primarily to withdraw money, while at Lamassu bitcoin ATMs, the transaction goes in the other direction. But it's not about deposits, it's about an "exchange" that changes euros (or any of the other 200 currencies it accepts) into bitcoins. Use is child's play. You scan your bitcoin QR code, insert money and voilà, you can already spend with the Internet currency.
Bitcoin cryptocurrency not the currency of Superman's home planet Krypton, but a currency that does not have a physical form and is becoming more and more popular means of payment. The first two-way bitcoin ATM (Bitaccess company) - which enables both the purchase and sale of bitcoins - in the Adriatic region was recently installed in the Hotel Slon in Ljubljana, the first one-way (Lamassuev), which we present here, is located in Trezor hostel.
READ MORE: How to exchange money with a smartphone or app?
Transaction with ATMs of this type - which will obviously have to get used to, as everything points to the fact that it is a currency that will remain and will be the means of payment for our grandchildren - it starts with "entry" QR codes, which is a kind of equivalent of a PIN code. The user then feeds the device with real money, which transforms it into a virtual one and pours it into electronic wallet (an alternative to the e-wallet is a printout of the wallet on paper).
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Lamassu
