RoboCoin CEO Jordan Kelley with the world's first Bitcoin ATM

This is the world’s first Bitcoin ATM

Want a coffee? Now you can pay in Bitcoin.
The world’s first Bitcoin ATM is opening up for business this morning at a coffee shop in Vancouver, Canada. You can now buy, sell, and trade Bitcoin at a real, physical machine, depositing cash and checks for Bitcoin.

Mixing up a digital goods strategy

Selling digital goods is a science — here are 5 tips for getting it right

Designing a revenue model based on digital goods might seem straightforward. Create a compelling product, give users a way to buy incremental content to improve their gaming experience, then sit back and count the transactions.
Experience tells us it’s not that simple.

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Quora explains why Bitcoins are a bad idea

Investing in and using Bitcoins, a digital currency that can be transferred directly from person to person through the Internet, is a particularly bad idea because it is unstable and is being used as a speculative vehicle. That’s the consensus answer on question-and-answer site Quora.

Mobile payments service Zong raises $15 million from Matrix Partners

Zong, a mobile payments startup that helps social gamers buy virtual goods, raised $15 million from Matrix Partners. The company, which started off as a division of Echovox and rode the wave of the booming virtual-goods industry, has now spun-off as an independent enterprise. It’s also cemented a long-in-the-works deal to be the mobile payments provider for Facebook’s new virtual currency Credits.