Litecoin wallet UK

The launch of the two SatoshiPoint machines will make the city one of the easiest places in the world to quickly pick up some digital currency for cash – something essential if is ever to go mainstream.

SatoshiPoint’s Managing Director Jonathan James Harrison said:

“This kind of real world infrastructure will suddenly make seem more real to Joe Public and we believe it will be of fundamental importance to wider bitcoin acceptance and adoption, ” he added.

UK-based Satoshipoint, which has been funded by its two directors Jonathan Harrison and Hassan Khoshtaghaza so far, has plans to roll out more machines across the country.

The company has been through Bank to the Future’s business crowdfunding programme and is currently looking to raise £150, 000 to fund rapid expansion (see their YouTube pitch here).

Satoshipoint has already been approved by UK tax authority HMRC for the Seed Enterprise Investment Scheme (SEIS), which allows private investors to offset money invested in Satoshipoint against their personal income tax or capital gains tax.

To celebrate the launch of the new London ATMs, the company is holding a launch party at Nincomsoup from 6pm.

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