CENTRAL TEXAS GUN WORKS UNVEILS BITCOIN ATM AT TEXAS INDEPENDENCE DAY FUNDRAISER BENEFITING CAPITAL AREA FOOD BANK OF TEXAS

FOR IMMEDIATE RELEASE

9A.M. – Friday, February 28, 2014

 

AUSTIN, TX (February 28, 2014) – Central Texas Gun Works, in partnership with CoinVault ATM, will introduce the Robocoin Bitcoin ATM combined with a fundraiser benefiting Austin’s Capital Area Food Bank of Texas (CAFB) on Sunday, March 2, 2014 from 2:00P.M.-6:00P.M. In honor of Texas Independence Day, the fundraiser will feature a special guest appearance by Texas State Representative Larry Gonzales, live music, and free food. Central Texas Gun Works is located at Austin’s South Bend Center – 321 West Ben White Boulevard, Suite 203. Free, accessible parking will be available on-site, and the first 100 guests will receive a free t-shirt in honor of the event (no purchase necessary).

 

Capital Area Food Bank of Texas will begin accepting donations in Bitcoin at the fundraiser. The mission of the CAFB is to nourish hungry people and lead the community in ending hunger. The organization provides food and grocery products to more than 300 partner agencies in 21 Central Texas counties, and the service area covers 19,064 square miles. In 2011-12, CAFB provided more than 22 million pounds of food.

 

With Robocoin technology, the Bitcoin ATM will allow customers to buy and sell Bitcoins at market, as well as deposit or dispense cash from customers’ accounts. Transferring the funds to or from a virtual wallet is easily done through the machine’s user interface. In order to verify users’ identities, the machine’s security features include scanning a government-issued photo ID and biometric sensors.

Bitcoin uses instant, worldwide, peer-to-peer transactions to make payments over the Internet. Using a mobile app or computer, bitcoins are purchased through a Bitcoin exchange network or from individuals. Central Texas Gun Works began accepting Bitcoin payments in January 2014 for training school classes, ammunition, and safety accessories, as well as for the sale of new, used and NFA-registered firearms.

“Austin is quickly becoming a hub for new technology and innovative products. We’re excited to house the Robocoin Bitcoin ATM machine and provide this service to our Bitcoin customers,” says owner Michael Cargill. “Since we started accepting this new form of currency, there has been a lot of excitement expressed by our customers, and we look forward to growing our business with the latest Bitcoin technology.”

ABOUT CENTRAL TEXAS GUN WORKS

Central Texas Gun Works is a local Austin training school and retailer of firearms, ammunition, and safety accessories. In addition to holding regular Texas concealed handgun license (CHL) classes, Central Texas Gun Works is also a licensed training school for Texas Private Security Bureau (PSB) Level II, Level III, and Level IV private security classes.

Michael Cargill, owner of Central Texas Gun Works, has served as a Texas DPS-certified CHL instructor for eight years and has over 20 years of firearms experience. He is also an NRA-certified Pistol Instructor, Chief Range Safety Officer, and Personal Protection Inside the Home Instructor. In addition, he is a Texas DPS-licensed PSB Instructor for Level II and Level III private security classes. As of 2014, Michael has taught over 7,000 applicants the required material to obtain a Texas CHL, and has a 99% success rate.

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