“Will you be paying by cash, credit or Bitcoin?”

What is believed to be Queensland’s first Bitcoin ATM is up and running at a South Brisbane cafe, allowing customers to withdraw and sell the digital currency.

Bruce Carrall with a Bit2Bit ATM, Queensland's first Bitcoin dispenser. Credit:Kristian Silva

The Roastery Cafe will also accept Bitcoin receipts from the machine for payment, with a $3.50 coffee costing it’s cryptocurrency equivalent - about 0.007311Bitcoins.

“There’s a lot of people who have been waiting for this. There’s Bitcoiniacs who have meetings everywhere every week, and these groups are growing rapidly,” Roastery Cafe co-owner Bruce Carrall said.