First Bitcoin ATM launches in Winnipeg

CBC

February 15, 2014 at 3:52 p.m.

Bitteller, which dispenses the digital currency Bitcoin, installed its first ATM in Winnipeg on Saturday at Santa Lucia Pizza on St. Mary's Road.

It's a digital currency, but Bitcoin, accepted by a just handful of businesses in Winnipeg, has a physical presence in the city as of Saturday.

The first Bitcoin ATM has opened at Santa Lucia Pizza on St. Mary's Road, one of the local businesses that recognize it as currency.

Nick Burley, the co-owner of BitTeller — a Bitcoin ATM company — said even though one Bitcoin costs about $815, you don't have to buy a whole Bitcoin.

You can buy, perhaps not surprisingly, just a bit of it.

"You can put your cash in and you can buy $200 worth of Bitcoin and use that as a medium to transfer," he said.

CBC
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