It was in this store today at 9:00 am was inaugurated the second Lamassu of Italy - after that installed at Udine entrepreneur Luke Dordolo - with a reception to celebrate the event. The machine is a "vending machine", so it can "only" deliver bitcoins in exchange for cash. The operation is very easy, just put the cash, the machine shows the QR Code of your Bitcoin address and you're done.
The device rests on the site of exchange Bitstamp it to produce real-time exchange rate BTC / EUR to apply. The machine also applies a 6% commission on the exchange rate, in line with many other such services. We must point out also that the Lamassu, unlike the Robocoin, does not require user credentials to be used: you just have to carry cash from the QR Code and convert the own address Bitcoin. The only limitation lies in the fact that it can not convert more than 999,99 euro as required by Italian anti-money laundering legislation.
When I asked why the choice fell right on a device Lamassu, Syrians responded: "The Lamassu have several advantages: they cost a lot less, the manufacturer does not require a portion of the fees, do not provide EUR - avoiding the need to be compliant with many regulations - does not require a complex registration, respect the privacy expected by bitcoins and are more 'cute and simple to use. "
The initiative, already quite complex with regard to organization and costs - for a Lamassu it comes to more than 5 thousand euro between buying and shipping - was also accompanied by a website: www.bitcoinatm.it .