Beside the sparkling bottles of summertime rosé wine, a Coin Cloud cryptocurrency vending machine is part of the shopping experience at Robért Fresh Market on Allen Toussaint Boulevard in New Orleans. This is a sad story about a newspaper reporter losing money in the recent cryptocurrency meltdown . Sure, we’re talking about only $36.12, but it’s still sad. Here’s how it went down.
This reporter walked into the Robért Fresh Market on Allen Toussaint Boulevard in New Orleans last weekend to pick up a slab of St. Louis-cut pork ribs, a gallon of skim milk and whatnot. He was immediately beguiled by this shiny blue vending machine at the front of the store, beside the lavish display of summertime rosé wine. The machine was meant as a covenient way for shoppers to buy and sell bitcoin and dozens of other cryptocurrencies. A Coin Cloud cryptocurrency vending machine beckons at the Robért Fresh Market on Allen Toussaint Boulevard in New Orleans. Cryptocurrency in the grocery store? Really?
Curiosity took hold. For years, this reporter had been intrigued by cryptocurrency as a concept. It’s an invented, 21st-century form of money, anchored in unknowably complicated computer code, instead of in old-fashioned gold or silver or the full faith and credit of a government. It swears allegiance to no particular government, flies no flag, knows no borders and does an end run around the stodgy, ordinary banking system.
To our reporter, cryptocurrency was like digital pirate’s booty. Mysterious! Adventuresome! Maybe a little wicked. To our reporter, who is almost 66 years old, crypto was … youthful!
Plus, according to popular wisdom, some people had made millions of dollars investing in it. Our guy felt left out. A Hindenburg moment
Our reporter withdrew five crisp 20s from the ordinary ATM that stood beside the seductive bitcoin vending machine, and fed them into its eager slot. He downloaded the app that is affiliated with the machine, so he could receive his investment of 0.003 bitcoins, and waited for the digital deal to be done. As he bided his time, a passing grocery store employee congratulated him for his […]