A speakeasy, also called a blind pig or blind tiger, is an establishment that illegally sells alcoholic beverages. Such establishments came into prominence in the United States during the Prohibition era (1920–1933, longer in some states). During that time, the sale, manufacture, and transportation (bootlegging) of alcoholic beverages was illegal throughout the United States.
Speakeasies were numerous and popular during the Prohibition years. Some of them were operated by people who were part of organized crime. Even though police and agents of the Bureau of Prohibition would often raid them and arrest their owners and patrons, they were so profitable that they continued to flourish.
Is the US government’s recent clamp-down on Bitcoin going to end the same way as their clamp-down on alcohol did in the 1920’s and 30’s? A recent discovery I made of some new technology that will enable the establishment of clandestine Bitcoin-to-cash dispensaries has tremendous potential to leave enforcement officials with nothing but egg on their face for their efforts..
A new automated cash-for-Bitcoin ATM was unveiled at the Bitcoin Conference in San Jose, CA on May 17th. Dubbed “Robocoin”, it could easily and quickly be set up in the back rooms of bars, hotels, barbershops etc. Not only could they be set up quickly, discreetly and inexpensively but they could be taken down as quickly too and evade officials quite easily.