THIS IS THE BITCOIN MACHINE. HERE'S HOW IT WORKS: Accepts HKD and CNY. Scan your Bitcoin QR code. Insert cash. You have bitcoins! Intuitive and simple user interface. Compact desktop size (35.6cm W x 48.1cm H x 26.9cm D). Compatible with leading exchanges, such as Bitfinex and Bitstamp. Coded and audited by network security experts. Internal steel vault is securely bolted to wall, stand, or countertop. WHAT IS BITCOIN? Bitcoin is like digital gold. By design, there is a known, fixed supply of bitcoins, similar to gold being available in limited quantity on Earth. Bitcoins are digital, therefore you can instantly transfer them to anybody across the world. Bitcoins are stored locally on your electronic device (cellphone, computer), contrary to being stored in an account managed by a financial institution. Bitcoin transactions are technically irreversible. There is no mechanism to revert a transaction, other than convincing the recipient to send the bitcoins back. This solves the fraud problem for merchants, as all the payments they receive are final. Payments are sent directly from one party to another without going through a financial institution, similarly to how cash or gold can be handed directly to someone. You do so by sending them from your computer, to the recipient's computer, through the Bitcoin network Finally, there is no financial institution, or bank, or company, operating Bitcoin, just like there is no company in charge of "operating gold". There is no Internet server to shut down to terminate Bitcoin. It exists merely as an application running on your computer, which communicates with other Bitcoin users over the Internet. This "mesh" Bitcoin network is called a peer-to-peer network, and this design makes it effectively indestructible, as long as the medium of communication (Internet) exists. THE BITCOIN ADVANTAGE Mobile payments made easy Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology). Security and control over your money Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud. Works everywhere, anytime Just like with email, you don't need to ask your family to use the same software or the same service providers. Just let them stick to their own favourites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays! Fast international payments Bitcoins can be transferred from Africa to Canada in 10 minutes. There is no bank to slow down the process, level outrageous fees, or freeze the transfer. You can pay your neighbours the same way as you can pay a member of your family in another country. Zero or low fees Bitcoin allows you to send and receive payments at very low cost. Except for special cases like very small payments, there is no enforced fee. Protect your identity With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with physical money.