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

Read more ... source: TheBitcoinNews