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Really? I can go to walmart and buy a pre-paid atm card with cash. And then use that card at an atm. No Id process required.
by GoldenMonkey 13y ago
Really? I can go to walmart and buy a pre-paid atm card with cash. And then use that card at an atm. No Id process required.
- SippinLean 13y agoIt's still harder to drive to Walmart during business hours than use a Robocoin.
- ceejayoz 13y agoIn many areas a round trip to Walmart will take a lot less than the 50 minutes described in the article.
- joshstrange 13y agoLet's remember that this was the first time he used the ATM, it would appear that future interaction would only take the time to send the BTC to the robocoin wallet and wait for the confirmation (~10 min for the required 1 confirmation). 10 minutes is pretty quick IMO to convert BTC to cash, the only faster method would be using Local Bitcoins (which are the people running the ATM in this post) but that assumes you could organize, agree on a price, and meet up with another person in less than 10 minutes which I know from experience is pipe dream.
- bitJericho 13y agoLast time I tried to get a prepaid card I still had to give out a bunch of personal info.