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Tech Giant Google Installs Bitcoin ATM in London Campus

Tuesday 04th, November 2014 / 23:13
Tech Giant Google Installs Bitcoin ATM in London Campus

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Things have been looking up for Bitcoin this week, as regulators begin showing signs of easing, and now tech mega-giant Google warms up to the digital currency with the installation of a spanking new Bitcoin ATM inside its London campus.

Sarah Drinkwater, head of the popular tech facility, is excited about Bitcoin and told IBT:

Campus members love to experiment and relish access to the most cutting-edge tech commerce opportunities out there.

The London Campus, which is home to mostly startups, is located in the heart of Shoreditch, on 4-5 Bonhill Street. It’s now the fifth location in London to offer a Bitcoin teller machine.

Zia Hayat, CEO and founder of Callsign, who worked to have the machine installed, explained:

Being exposed to new and growing technologies is critical for entrepreneurs and startup development so I cannot think of a better place for this BTM to be launched.

About 35,000 members of the Campus, together with 100,000 annual visitors, will have access to the BTM. Not only will the BTC (Bitcoin Teller Machine) allow patrons to purchase Bitcoin with cash or credit cards, but customers will also by able to purchase food and drink in the campus café.

What are your thoughts on London’s new Bitcoin ATM? Log in below using your favorite social media network and weigh in on the discussion.

– Follow Greg Matthews on Twitter: @realmicroguy

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