Billed as “the world’s first publicly-available bitcoin ATM”, its getting set for launch in Vancouver this week, with 4 more to follow for other Canadian cities; Calgary, Toronto, Montreal and Ottawa.

Stories about ‘world’s first’ bitcoin ATMs seem to pop up from time-to-time.

The video accompanying the story shows that its not so much an ATM as an exchange for dollars to bitcoins (and back again). I bet the spreads are nice for the operators … Good luck to ‘em.

Interesting lyrics to the music in the video … “Oh no, please God tell me we’re dreaming”. Yeah, right.

First ever bitcoin ATM to open in Vancouver this week