Swiss company wants to set up first ATMs for Bitcoins


When journalists of the Neue Zuger Zeitung turned up at the Bitcoin Suisse offices on the 5th floor of the Victoria office block in Baar, the CEO, Niklas Nikolajsen, confirmed they had indeed made a prototype and were in the throes of testing it out. However, he refused to show the machine to the reporters. The Danish-born software expert explained how he had bought his first bitcoins three years ago for $0.77. “Three years later they were valued at $1200; now they are worth just over $700.” Not unsurprisingly, he feels there is a great future in the currency, hence four full-time and seven part-time staff work at the start-up company, whose aim is to push through the currency in Switzerland as well as provide financial advice and other services relating to bitcoin. The first bitcoin ATMs were actually made by the Lamassu company in the USA. These make it possible to buy bitcoins with cash. In fact one was set up in Zurich as a 6-day pilot project by the World Bitcoin Association (WBA) in January. [Source]

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