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How to Use a Bitcoin ATM *&* a Bitcoin Vending Machine!

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We like when people make machines that give us what we want. Whether it's an ATM for Bitcoin (and soon Dash?), or a 1988 vending machine retrofitted to accept cryptocurrency, this modern tech delivers our bag-o-chips STAT. Check out our new channel! http://youtube.com/dashorg Connect with us! [website] http://TheDailyDecrypt.com [tweets] http://Twitter.com/TheDailyDecrypt [facebook] http://Facebook.com/TheDailyDecrypt [podcast] http://Soundcloud.com/The-LTB-Network [LTB Network] https://LetsTalkBitcoin.com/Blog/The-Daily-Decrypt Wanna sponsor a show? http://TheDailyDecrypt.com/Sponsorship Sponsor: Dash: http://dash.org Evolution details: http://dash.org/evolution Links: Find a cryptocurrency ATM near you: http://coinatmradar.com Music: "Golden Years" by David Bowie: https://www.youtube.com/watch?v=TKUy6ygUgP0 Contact us: http://TheDailyDecrypt.com/Contact Tip us! See our addresses for Bitcoin, BitcoinDark, Bitshares, Dash, Dogecoin, Ethereum, Litecoin, Monero, Neucoin, Nubits, Nxt, Peercoin & more at http://TheDailyDecrypt.com/Tip-Us ProTip ready: 1u9ZrWbVFkaYJ89VL3ynarQb5HUKW7zKB
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Text Comments (69)
Ravi Pandey (2 months ago)
My email address is [email protected],plz contact.i want to learn about Bitcoin,I am from India,may you contact with me?
mrs ray (2 months ago)
i like crypto, but honestly, would have been easier to use a fiat vending machine LOL would have saved many steps
Nik Lyons (2 months ago)
1Efutzmymn23DrnckfMbhs4MtyXc6KbZwP Will someone send me some bitcoin please? Docka said I need a backiactomy
The You Tuber (4 months ago)
*I just got 0.1 BTC via this website. Google "bitxploit" for more info*
Nicole Taylor (4 months ago)
That's the most expensive bag of chips I've ever seen someone purchase! BTC at $428.70 Love it Amanda lol
George Levy (8 months ago)
That was so awesome I don't know where to start. You acted so cool under pressure... Cool as crypto.
yuliya9999 (1 year ago)
If it were a regular potato chip machine you would have just put the $1 in. I don't understand why people are so excited to make things harder. Must be some serious Rube Goldberg fans.
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Luiz Kv (1 year ago)
you're funny.
Charlie Key (1 month ago)
Giles Chenery (1 year ago)
Isn't bitcoin fiat currency too?
Annie Wong (2 years ago)
Hong Kong have Bitcoin ATM too, which is offered by ANXIntl ~ As convenient as this one you mentioned in the video.
Anomalous (2 years ago)
The U.S gets all the cool toys when it comes to BTC and crypto-currencies. I would have to get a train to use a BTC ATM and I doubt there's any vending machines like that within a 100 miles of my location.
Pan Baccha (2 years ago)
Can't get enough of her enthusiasm.
Paul Trahan (2 years ago)
What were the round things under the chips?
Bill Raffie (2 years ago)
You didn't say where you were
Amanda B. Johnson (2 years ago)
+Mike M Manchester, NH. Lots of crypto people up here.
฿rian (2 years ago)
where is this btc vending machine? i want to double spend the crap out of it, no pun intended ;)
Amanda B. Johnson (2 years ago)
+฿rian OMG, lol! It's in Manchester, New Hampshire. A splendid place.
Clóvis Junior (2 years ago)
win 5000 bitcoin http://www.btc60.net/index.php?page=register&referer=Clovis
tom wigglesworth (2 years ago)
you're doing great, keep it up. way hot too
Lee Gordon Seebach (2 years ago)
Amanda... how about an episode 'splainin' Ethereum? I don't get it. Thanks in advance for considering it.
Lee Gordon Seebach (2 years ago)
+The Daily Decrypt Thanks for the response, Amanda! :)
jonathan yoakum (2 years ago)
+The Daily Decrypt can we get that video of you reading about ethereum? BTW those fritos just may have cost you 3k USD (or whatever future fiat rules the minions) in future BTC value ☺
Amanda B. Johnson (2 years ago)
+Lee Gordon Seebach Ha ha, Lee, I'm afraid that I don't understand Ethereum myself. Every time lead developer Vitalik Buterin publishes an update or blog post about it, I try to read it, and my eyes go crossed and drool comes out of my mouth. I'm afraid that Ethereum tech specs are currently outside The Daily Decrypt's capabilities. I keep waiting for someone to publish an Ethereum 101 of sorts for the rest of us, but it doesn't seem to exist.
Tyler Chamberlain (2 years ago)
Hey, Amanda. Let's say I wanted to travel to Europe and I wanted to avoid the USD to EUR transaction fees that rob you blind. Does this ATM allow me to give BTC for EUR? Or would my best bet be to find someone local in Europe to buy my coins?
xmysty (2 years ago)
+Tyler Chamberlain you could use revolut.com - zero transaction fees. They have saved their users $15M since launching 7 months ago http://revolutapp.tumblr.com - and bitcoins are coming to their platform
Amanda B. Johnson (2 years ago)
+Tyler Chamberlain Good question. Yes, there are machines which go both ways (as in, they also dispense fiat in exchange for your BTC). I guess depending on where you're going to visit, check the BTC/EUR exchange rates of ATMs on CoinATMRadar.com, as well as LocalBitcoins.com. Also install the Mycelium wallet to check Mycelium Local Trader wherever you happen to be in the world.
The Solarminer (2 years ago)
I sense a time warp of one Bitcoin block at 1:19 waiting for a block confirmation before you can spend your bitcoins.. We look forward to showing you and everyone the Dash N Drink in Miami using InstantX locked transactions so vendors don't have to risk 0 confirmation double spends. Stop by the Dash booth for a free beverage. www.dashndrink.com
Amanda B. Johnson (2 years ago)
+The Solarminer LOL at "time warp." Wish we could take you up on that drink! Don't think we'll make it to Miami, but we're sending you the best of vibes for your presentation. And the website looks great, too -- TheDashGuy sure can build 'em.
ausPPC (2 years ago)
Such a friendly little bitcoin atm! The last one I used was huge, took frickin' pictures of me while I used it, had bs transaction limits and was later stolen by the filth next door... https://www.coindesk.com/australian-police-seize-bitcoin-atm-2-6m-drug-bust/
+ausPPC It is a one-way btc vending machine. If you as a foreign traveller want to "cash-out" btc to spend local central bank currency you are out of luck. Compliance with AML/KYC protocols will surely be the main reason operators run machines that require ID. Operation of this Lamassu machine may put the operator at risk of jail in some areas.
Гитаркин (2 years ago)
Fake. Fritos aren't candy. :P
Stephenleelia (1 year ago)
gitarkin lol.
Amanda B. Johnson (2 years ago)
+gitarkin WHAT
Liberty Warrior (2 years ago)
Thanks Amanda, I always wanted to know how to use a Bitcoin teller, that was easy. I live in Australia, and we are starting to get some Bitcoin tellers in our major cities, it is very exciting to see Bitcoin develop and watch the banksters collapse.
Bijan Fletcher (2 years ago)
Bijan Fletcher (2 years ago)
Amanda B. Johnson (2 years ago)
+Bijan Fletcher Am I so transparent?
Tet Fo Show (2 years ago)
rovingreporter (2 years ago)
Awesome! What are you using for a phone BTC app?
Amanda B. Johnson (2 years ago)
+rovingreporter Mycelium, in this particular instance. Its interface is very simple, and it doesn't require account setup to use. Just installation.
autohmae (2 years ago)
Is that vending machine decentralized or does it use some kind of central service (which has a copy of the blockchain) ? I guess if they are using Bitcoin that means they didn't wait for any confirmations... ooh, boy, maybe better idea is to use Dash. ;-)
Coin ATM Radar (2 years ago)
+The Daily Decrypt 0-confirmation hardly applies to this case with a one-way lamassu when you feed in cash and get bitcoins out ;) It is when you on opposite sell bitcoins. But in real life nobody tries to double spend in such a way on large scale, this happens only in Peter's head.
autohmae (2 years ago)
+The Daily Decrypt Next step is obviously machines that own their self. :-) Have you ever heard of 'Autosustainable Services' ? https://vimeo.com/60885711 (sorry, he has a long introduction)
Amanda B. Johnson (2 years ago)
+autohmae I'm not sure how the machine works on the backend. I think Lamassu machines have open-source software and owners can modify them how they like. And you are so right -- both the machines were trusting our zero-confirmations with Bitcoin. I'll be excited to see the debut of the Dash'n'Drink machine to showcase Dash's instant confirmation capability.
Phillip Huxley (2 years ago)
"$3.00 of bitcoin.. " how about that buyers fee of what 4 to 8% ? yippee
฿rian (2 years ago)
+halfasheep somebody can correct me if i'm wrong but afaik LN is centralized and does exactly what DASH does but DASH is decentralized. i think peter todd is invested in LN and is a DASH hater so he has a conflict of interest. the btc maximalist/purist need to give up already and allow btc to become centralized. unlike DASH it was not designed to scale or provide anonymous instant transaction in a decentralized way. there's still plenty of money to be made on btc but they need to accept centralization and 3rd party control and move on.
halfasheep (2 years ago)
+฿rian I'm not an expert on the LN network and it is not yet in operation. I am diversifying out of BTC.....DASH and others will surely provide superior payment networks. BTC has too many issues.
฿rian (2 years ago)
+halfasheep isn't the lightning network a centralized layer on top of btc? like bitpay and coinbase etc etc etc.
Phillip Huxley (2 years ago)
+halfasheep The point is, this video is misleading.
Phillip Huxley (2 years ago)
+halfasheep Fold, sbux card.
1:20 Let's light this candle! 1:50 Hey, where's my beer?
davincij15 (2 years ago)
Awesome video to show people about bitcoin.
Whats Wrong (2 years ago)
that's AWESOME!!!! How do I become a vender?
ausPPC (2 years ago)
+The Daily Decrypt That's something these guys might post about (if they haven't already) https://www.facebook.com/raspberrypi
Amanda B. Johnson (2 years ago)
+Whats Wrong Not sure how the vending machine owner retrofitted that old thing to accept Bitcoin. I have a feeling that a Raspberry Pi might have something to do with it??

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