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There are already more than 2000 bitcoin ATMs https://coinatmradar.com/ https://coinatmradar.com/
by kbutler 9y ago
There are already more than 2000 bitcoin ATMs https://coinatmradar.com/ https://coinatmradar.com/
- simias 9y agoRight but as far as I can tell there's nothing "crypto" about that, it's still a privately owned ATM which offers financial services, like every ATM does. You still need some private entity to provide the service, like the parent wants his bank to provide a service to transfer cash to his account. One big difference with crypto is that if you actually own your coins on an address you control then you could have several third party services competing instead of having your money "stuck" in a bank, but again I don't expect most people to do that.
- pandler 9y agoFor what it’s worth, I’ve come across maybe 5 bitcoin atms and they’ve all been out of service or completely unplugged. I’ve never actually seen one on and operational.