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EXCLUSIVE: Mike Tyson Bitcoin ATM Delivers 20-Second Transactions

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According to a tweet posted this morning on Mike Tyson’s Twitter account, a new breed of Tyson sponsored Bitcoin ATMs will be rolling out in August. The tweet points the reader to a website that promises cash-to-bitcoin transactions in under 20 seconds.

Mike Tyson’s fastest knock out in the ring was 30 seconds. The Mike Tyson Bitcoin ATM can turn your cash into bitcoin in under 20 seconds.

The company behind the machines is Bitcoin Direct LLC, a Nevada limited liability company. The company announced earlier this month an upcoming ATM scheduled to be installed at One Kick Nick’s Mixed Martial Arts Gym in Las Vegas.

bitcoin_atmMike Tyson is the former undisputed heavyweight champion of the world and holds the record as the youngest boxer to win the WBC, WBA and IBF heavyweight titles at 20 years, 4 months, and 22 days old.

Tyson won his first 19 professional bouts by knockout, 12 of them in the first round. Now he becomes the first major sports celebrity to endorse a Bitcoin product.

Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer and users can transact directly without needing an intermediary.

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