Bitcoin available over the counter at a newsagency near you

Between $1 billion and $2.4 billion is transferred using the Bitcoin network every 24 hours.

Owner Kingsford’s Bus Stop Newsagency Manoj Shah it was an opportunity for traditional retail newsagencies.

“Its techy and makes our business interesting, there are many people using it and we are expecting more foot traffic,” he said.

Bitcoin is currently trading at its highest price in almost two years, having increased about 25 per cent since the beginning of the year to $738.32 on Thursday morning. 

While the price of spot gold, the normal safe haven, has slid, the price of Bitcoin has surged because of low confidence in Asian currencies

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TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.