 | October 29, 2013, the first Bitcoin ATM was opened in a small coffee shop in Vancouver, Canada. Trading at around $200, this enabled casual customers of coffee to swap fiat for Bitcoin and vice versa. Mitchell Demeter, co-founder of the Bitcoiniacs brand ATM said at the time: "Bitcoin is the best performing currency in the world. It has grown over a thousand per cent year after year, for the last four years. So people are using it also as an investment.” Bitcoin later that year went on to hit a peak of $1,163 before cooling off. Most of us here probably have still never used an ATM to buy crypto, but something like this likely helped give it exposure to more than just computer geeks at the time. [link] [comments] |
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