“An ATM that converts bitcoins to Canadian dollars and vice versa opened for business in a Vancouver coffee shop today, marking a world first.​”

– CBC news

What is Bitcoin?

Bitcoin is a decentralized cryptocurrency, basically a virtual form of money. Bitcoin is controlled by software algorithm. In order to control the amount of bitcoin that are released into the economy, the algorithm determines that there are only so many mined during certain period of time.

It is exciting to witness that the city we live in has transformed this virtual currency into physical form by installing ATM.

Source: http://www.cbc.ca/news/technology/world-s-first-bitcoin-atm-opens-in-vancouver-1.2286877