Brazilian Entrepreneur made Bitcoin Powered Coffee Machine
A Brazilian entrepreneur, Mr. Ricardo Reis, has recently created a Bitcoin-powered coffee machine, in an effort to show the flagship digital currency has several possible use cases as actual “programmable money.”
A video of the coffee machine in action was first shared with a BTC-focused group on Facebook and made the rounds on social media. The machine is activated when a particular amount of bitcoin is sent to a wallet linked to it.
As explained in the video, the machine has a QR code that permits potential users, in this case, Ricardo Reis to send over the funds and pay for some coffee. The payment, as the entrepreneur describes through a medium blog post cautions an internet-connected device that triggers the machine’s engine.
Talking to Brazilian news outlet Portal do Bitcoin, Ricardo Reis, noted that professionally he doesn’t work with digital currencies, yet he is a bitcoiner who’s been “using the flagship cryptocurrency as an investment since 2016.” The coffee machine, he told, was created so he could learn more.
Ricardo Reis was quoted as saying (roughly translated):
“I developed a device that powers the coffee machine with Bitcoin transactions to study and have fun. Dealing with technology, for me, besides work, is a hobby. My aim was not to create something to explore commercially. I wanted to explore the technology’s capability and show other people how BTC is ‘programmable money.’”
The machine itself doesn’t utilize bitcoin’s Lightning Network (LN), although Ricardo Reis noted he intends on creating one using the technology soon. He said, although, he has a website on which it’s possible to utilize it to pay for mock coffee and other products so that he can test the LN.
From a technical standpoint, the entrepreneur showed he used a Raspberry Pi processor and coded the machine using PHP. His creation comes at a time in which the crypto market is starting to rebound after the SEC clarified bitcoin and ethereum aren’t securities.
Futures traders probably caused the digital currency’s “gut-wrenching” price decline that saw its price come down from nearly $20,000 in mid-December to $6,453 at press time, as per Wall Street analyst Mr. Tom Lee.