Bitcoin kiosk opens for business at South Station - WHDH-TV 7News Boston

Bitcoin kiosk opens for business at South Station

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BOSTON (WHDH) - There’s a new trend online and it’s starting to hit the streets too: Bitcoin.

Before you could only get the digital currency online but now a new machine installed at south station is taking cash and dispensing Bitcoins like an ATM.

Chris Yim is a founder of Liberty Teller, the company responsible for the new hardware in South Station said using the digital currency is safer than a credit card online.

“It's a lot more secure. When you are purchasing something online using a credit card, you’re entering your address, credit card number and you’re trusting the merchant to store it securely,” Yim said. Bitcoin, on the other hand, doesn’t have that problem because it is anonymous and not tied to a central bank.

The kiosk in South Station is one of the first in the country.

Hundreds of people have signed up in the two days it has been in South Station, but not everyone is sure of the machine.

“It’s a concept. You're selling a concept, and I haven’t been sold on the concept,” one commuter said.

There is a very limited number of brick-and-mortar businesses in the Boston area that accept the currency, but many online retailers allow customers to pay with Bitcoins.

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