Artwork: Max F. Albrecht: "Bitcoin Vending Machine". Weimar, 2012. Produced in the Fine Art project "Panta Rhei" at the Bauhaus-University in Weimat, mentored by Prof. Norbert W. Hinterberger and Naomi T. Salmon.
A mechanical vending machine exchanging 1€-coins for Bitcoin.
It works using the easywallet.org service which provides a Bitcoin wallet with a web interface not unlike an online banking account, but much simpler. The only way to access the account is through a secret link, which is received in exchange for the 1€-coin.
Opening this link in a web browser, the costumer can instantly send this 1€ (minus material costs) to another Bitcoin user, for example Wikileaks.
(There is also an announcement on bitcointalk)
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Update, 18.07.2012: Some more work-in progress pictures. I will add some better pictures of the receipt when I find them, so you can see it in fact has a QR code :)
Update 23.07.2012:
- EasyWallet.org has build a nice feature inspired by the vending machine: Coupons! Now your Euros will be exchanged live!
- The machine got some coverage: Bitcoin Vending Machine - Nerdcore; German art student builds Euro-to-Bitcoin vending machine - The Verge; Ars Technica: Bitcoin price soars above $9 for the first time in almost a year
Donations: 1EuroXwViyd9vSpu2yX9eDa3q6zQ7sB5NL (Blockchain)
