WATCH: Bitcoin ATM Baffles Members of Congress


When Bitcoin Met CongressThe world's first bitcoin ATM arrives on Capitol Hill — and Congress is (enthusiastically) confused about how to work it. For more info, read: nationaljournal.com/tech/here-s-what-happens-when-a-bitcoin-atm-comes-to-congress-201404092014-04-09T16:45:08Z

Bitcoin confuses the general public, which is what makes the video above so amusing. Watch the video above to see what happens when a Bitcoin ATM shows up on Capitol Hill.

Members of Congress featured in the video above include Rep. Jared Polis (Colorado) and Rep. Bob Goodlatte (Virginia). The best part of this video is when the “light goes on” in Polis’ head, and he gets that his Bitcoin private key is essentially just like cash: if you lose it, it’s just like losing a bill from your wallet.


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