By now you’ve probably heard of the term “bitcoin” but you probably also have a lot of questions. Put simply it’s an electronic currency traded on online exchanges where users can buy bitcoins or cash them out for local currency. Toronto now has its first bitcoin ATM and the operator hopes it will shed new light on the alternative currency. They are digital coins you can send through the internet. Bitcoins are transfered from person to person without going through a bank which means the fees are much lower. Anthony di Iorio is the Operator of Toronto’s first Bitcoin ATM: “Bitcoin allows me to transfer value between me and you instantly anywhere in the world for free.” That’s right. you can use them in every country and make purchases in seconds without the hassle of waiting for the bank to clear the funds. Anthony di Iorio wants to make buying …Read more
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