kiosk

The machine will retail for less than $2,000 for a single unit. Made of 16 gauge steel, it weights about 25 lbs,measuring 12"x12"x10". The machine allows you to buy digital currency by generating a cryptographically-signed message which when entered online allows the operator to verify how much money you entered into the machine. Using that information, the operator sends you the amount digital currency owed in exchange for your fiat currency. Similarly, if you send digital currency to the operator, they can generate a cryptographically-signed message which when entered into the machine tells the machine how much fiat to dispense. The benefit of the bitcoin kiosk over other machines includes: * Price * Does not require a smartphone to use * Does not require internet access * Supports paying for any digital good in cash including bitcoin and litecoin or any future digital currencies without updating the machine. * Allows you to both buy and sell digital currency * Uses a cash recycler to restock it's bill dispenser using it's bill acceptor * Supports 237 fiat paper currencies worldwide * Allows the user to pay cash into the machine now, and convert that into digital currency later (such as to wait for the price to hit a desirable level) * Optionally allows the kiosk operator to identify the user before each transaction to facilitate future or present regulatory requirements and laws. * The operator of the kiosk is not subject to risks of price fluctuation of the digital currency because the currency can be automatically purchased per-transaction from an exchange. Additionally, encoded into the code generated by the machine is machine health-status information; for example paper-jam, dispenser low, stacker full, battery low, etc... This allows the kiosk owner to receive alerts when there is a problem.