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Ride the lightningby@knut.svanholm
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Ride the lightning

by Knut Svanholm2mFebruary 7th, 2018
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<span>D</span>id you see the <a href="https://medium.com/@coinfinityco" data-anchor-type="2" data-user-id="35232e2545fe" data-action-value="35232e2545fe" data-action="show-user-card" data-action-type="hover" target="_blank">Coinfinity</a> Lightning Bitcoin ATM demo? It shows two Austrian fellows demonstrating their new lightning-enabled Bitcoin ATM. One of them is so Austrian that even his shirt has virtual suspenders! The machine though, is simply breathtaking for those of us that realize its potential. One of the guys scans a qr-code, puts a 20 Euro bill into the machine and — in a matter of microseconds — 20 Euros worth of Bitcoin show up on his phone. No fee, instant. The bill-scanning takes more time than the entire transaction. This is <em>huge.</em> This machine converts worthless paper money to digital gold instantly. Like if your toilet had a crude oil tap.

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Knut Svanholm

Knut Svanholm

@knut.svanholm

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