Friday, January 6, 2012

The First Bitcoin Vending Machine Transaction

It's like watching the Wright Brothers take flight at Kitty Hawk!

15 comments:

  1. Nice, but in the end he just pressed the regular vending machine buttons. I see no evidence that it was the BTC confirmation that triggered the popcorn to drop out of the machine. Also the procedure is way to lengthy to be practical. I'd love to see BTC integration in Google Wallet or something and use NFC instead.

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  2. Very Nice. This is another piece of the foundation that the practical, common useage of bitcoins will be built on. Please continue this excellent effort. Alphonso Bedoya

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  3. The future of money - a snack purchased without any government fiat currency, no Federal Reserve, no credit card company, no bank account, and no regulations. A free market purchase, if ever there was one. Warms my heart, and now I'm kinda hungry.

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  4. Now Now, Just because it took a Full minute and a half to order a bag of popcorn, Doesnt mean that this is Impractical. Thats only about 60secs longer than it usually takes. Not much of a big deal, Until the lines start.....
    I dont see how you could speed it up any faster tho..

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  5. No-one has mentioned the ironic resemblance to Bernanke as yet...

    In all seriousness though, this is a real milestone.

    In some respects it sidesteps the trepidation of the unknown, as we already view most vending machines with suspicion and contempt until proven innocent. The queue will actually help in that respect lol.

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  6. Keep in mind that most people who buy a bag of chips with Bitcoin will not have to explain the process to a video camera while attempting to complete the transaction.

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  7. Congratulations on the first ;).

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  8. Granted a minute and a half may seem long today, but in 3-5 years when you'll need to put 75 quarters coins in for a bag of chips, that might not seem so bad.

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  9. For those who insist on commenting on how long it took to purchase the popcorn, you do realize he was pausing quite often to explain the process, don't you? Well... I guess you don't, since you had to comment on how long it took.

    Personally, I hate carrying extra stuff (wallet, cash, coins), yet I always carry my phone. If I can buy stuff with my phone, amazing! If it takes a few seconds longer, it's well worth the tradeoff. No more nickles getting jammed in my car seat tracks either.

    Great work guys!

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  10. If the machine had a qr code scanner itself, and I held up a paper wallet containing 1 BTC and it kept the snack price and sent the change back to my paper wallet, it would be on par (if not faster) than using a US dollar bill.

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  11. No more looking for a dollar bill or exact change!

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  12. This is great! Now when will we see bitcoin-accepting poker machines?

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  13. Since people have eyes in their heads, and not in their pants, please consider moving the interface to a better position. Having to bend down for everything is bad design.

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  14. You are shared the most important and interesting information.This vending machine is very attractive.Thanks for sharing.

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