Crypto ATMs

[Alex]

So, are there any Bitcoin or Cryptocurrency ATM’s(Automated Telling Machines) in your country or near where you live? Have you ever used one? These decentralised cash machines are popping up all over the world.

Going further, do you feel these ATMs will replace the traditional fiat governments cash ATMs with the rise of hyperinflation as a result of the global economic crisis?

 

[oldbuddy]

So, are there any Bitcoin or Cryptocurrency ATM’s(Automated Telling Machines) in your country or near where you live? Have you ever used one? These decentralised cash machines are popping up all over the world.

Going further, do you feel these ATMs will replace the traditional fiat governments cash ATMs with the rise of hyperinflation as a result of the global economic crisis?

I have used the one at my local Safeway market less than a mile from my home, but I don't need to buy Crypto anymore when I can earn it free.

 

[Shaffy]

It would be nice to use one of those machines. We may not see it in developing countries till it's more widely adopted though. How do the people operating make profits from it?

 

[oldbuddy]

It would be nice to use one of those machines. We may not see it in developing countries till it's more widely adopted though. How do the people operating make profits from it?

Here's the lowdown https://blog.coinsource.net/bitcoin-atm-fees/

 

[ClicketyKat]

I've never seen such a machine before! It's probably because I live in the country and even the bigger stores aren't in huge towns. How do you know to trust one of these machines?

 

[Nomad]

We don't have Crypto ATMs here. I don't think these machines will end the rule of fiat money because that would mean the end of the banks and governments do not want to happen that.

 

[saoussen5765]

Most of countries doesn't have such functionnality. People have to order debit card to use it and refill with crypto then ATM cash out.

 

[nana kwasi]

Crypto ATMs are unavailable here. These devices, in my opinion, won't bring an end to the fiat money system because doing so would mean the demise of the banks, which governments do not want to happen.