New Post has been published on Bitcoin:Views
Bitcoin store opens in Kelowna
22 November 2013 | By Wayne Moore | castanet.net
It could be the currency of the future – or a passing fad.
Bitcoins, described by creators as “the simplest way to exchange money at very low cost,” has come to the Okanagan.
Bitcoiniacs, a Vancouver-based bitcoin broker, has established a walk-in storefront location in Kelowna.
The store, at Ellis Street and Cawston Avenue in the arts district, will begin buying and selling bitcoins Saturday.
According to store manager, Mark Kohlen, it can take up to two weeks for transactions to be completed on-line, but in person it takes minutes.
The store will also feature the world’s second bitcoin ATM in about a week.
For those uneducated in the world of bitcoins, the on-line, peer-to-peer currency came about in 2008.
READ MORE