It seems that the concept of digital currency is here to stay, despite the recent collapse of Mt. Gox, which was based in Tokyo and handled digital currency front runner, Bitcoin.
Now Bitcoin customers can exchange their Bitcoins for real, actual money and vice versa at Japan’s first Bitcoin ATM in Suzuka City, Mie Prefecture. The ATM’s manufacturer, Robocoin, based in Las Vegas, says it’s also aiming to install at least one additional Bitcoin ATM in Tokyo in the near future.
Full disclosure: We don’t actually know too much about the intricacies of Bitcoin, except that our geeky Internet friends tell us it’s basically free money and the lamestream media tells us it’s some sort of scam involving Shiba Inu, recycled arcade tokens and probably North Korea.
We hope the Suzuka ATM will help lead eventually to the mainstream success of digital currency and our rock solid Dogecoin investment will finally pay off.