doling it out

Bitcoin ATM to Launch

George Frey/Getty

Software engineer Mike Caldwell holds physical Bitcoins he minted in his shop on April 26, 2013 in Sandy, Utah.

Bitcoins are taking to the streets. Later this year, an ATM called RoboCoin is slated to begin doling out the virtual currency in Vancouver. Bitcoin-enthusiast brothers Mark and John Russell are behind the plan, which will let customers buy and sell the currency for cash. All you have to do is bring your QR code back to a RoboCoin kiosk, scan it, and cold, hard cash will pop out. Bitcoin to cash instantly, cash to Bitcoin almost instantly (consider the three- or four-day waiting period).