If the metaphor that best applies to the Robocoin machines is an ATM, then the appropriate metaphor for Asia Nexgen Bitcoin Exchange’s new storefront in Hong Kong would be … Western Union?
ANXBTC’s 400-square-meter shop actually lets customers walk in and buy Bitcoin with cash. The idea, it seems, is to make the currency more palatable to the non-tech savvy and spur wider-spread adoption of Bitcoin in Hong Kong, China and the world.
Making Bitcoin easier
“What we want to do is enable people to have an easier way to purchase Bitcoins,” company CEO Ken Lo said. “The biggest issue people have right now is buying the bitcoin. People have to put money in, trade it through an exchange online.
"Now, you walk into the store, hand over your cash and send the bitcoin to your digital wallet."