Price Check! Buying and Selling Bitcoins at Whole Foods
Wednesday, December 18, 2013
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Customer fills Whole Foods shopping basket with food (Karly Domb Sadof/WNYC)
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Every Monday night, a Manhattan Whole Foods fills with a unique
breed of "buy-local" enthusiasts. They're not there for the
Brooklyn-made pickles or the Westchester apples. They come because they
want to buy and sell bitcoins.
The gathering is called Satoshi Square after Satoshi
Nakamoto, the pseudonym for the mysterious person or organization that
created the digital currency in 2009. Reporter Audrey Quinn visits the
exchange as attendees trade bitcoins for cash. Face-to-face trading
seems counter to the anonymity usually associated with bitcoins, but
Satoshi Square regulars say in-person bitcoin exchanges actually bring
them closer to the true nature of the currency.
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