ATM

japanb

Yeah but my bank when I use ATM for 3 years outside my country doesn't ask me either or restrict the account 

Amber_Sam

BISQ (or BISQ2), Robosats, Vexl, Hodlhodl, Peachbitcoin. In some places you can use a bitcoin ATM or visit your nearest Bitcoin meetup and buy from plebs directly.

coinfeeds-bot

tldr; Spritz is launching the Spritz Card, a premium Visa card for crypto users, on June 1. U.S. early access users can activate the card to spend directly from their wallets across thousands of supported tokens. Features include instant virtual cards, Visa Signature benefits, Apple Pay and Google Pay support, and no transaction limits. Physical cards and global ATM access are coming soon. The card is designed for seamless crypto spending without staking or platform tokens, backed by Visa's reliability. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

jlauchlan89

I'd stick 10%in Dragonchain it's got potential to hit it's all time high fairly quick. Was £4.80 back in 2018, currently around 5p a coin ATM. the coin actually has projects behind it,and a live podcast every week. Look into it.

darkrood

😂 whoa whoa there are people still not realizing That’s Vitalik ATM when ETH failed to break its 2021 ATH with BTC Vitalik is already coming up with different projects to make money Here you are dancing around his ATM for victory laps when the price is in 2614? You sir is entertaining

Efficient_Culture569

Anyone will still be able to buy it at any point. But yes, people will be buying sats, not bitcoins. Although for that to happen also, there will be a great wealth transfer to people. Individuals own over 85% of all bitcoin ATM.

Background_Pause34

One is a bunch of investors that are annoyed with faster than anticipated ATM and don’t realise the accretion importance. The other is avoidance of talking to centralised altcoins. Meh.

abercrombezie

Wake me up at the ATM. 🥱

AdSea1923

There is a guy on YouTube: Cyber Scrilla , he has done videos about cold wallets. He discusses most of them deeply. I recommend checking it out, as he has one of the best cod wallet videos on yt. Only drawback of a cold wallet is, that you have to pay for it. Apart from that it is considered the safest way to store BTC. I am using the following exchanges without issues: Coinbase, KuCoin, Revolut, Kraken pro, ( Also apps solflare and phantom). All of the exchanges are KYC, so they are following regulations and asking for your data, but it is considered safe (as long as data leak happens like recently with Cb, but I'm still using it.) the apps are also safe. But read about all platforms and always start with small transfers. It feels strange and scary to transfer your whole savings to another account of yours. You will see when you deposit for your BTC and transfer it at some point. :) You can also do self custody, but then you have to install a BTC implementation and sort out the technical side. It's doable and fun to learn. You can use BTC ATM machines to send money from your hands to your private address. They are more expensive than the exchange rate of an exchange, but putting your money in and out to an exchange can also cost, so maybe it's not horrible.

LongTermStocks

KULR Technology (KULR) today announced it has increased its Bitcoin acquisitions for its Bitcoin Treasury by an additional $9 million to reach a total of $78 million in bitcoin acquisitions. The additional Bitcoins were acquired at a weighted average price of $103,234 per bitcoin, inclusive of fees and expenses. The Company now holds 800.3 BTC. This strategic move aligns with KULR’s Bitcoin Treasury Strategy announced on December 4, 2024, wherein the Company committed up to 90% of its surplus cash reserves to be held in bitcoin. Year to date, KULR has achieved a BTC Yield of 220.2%, leveraging a combination of surplus cash and its At-The-Market (ATM) equity program to fund acquisitions.

LongTermStocks

KULR Technology (KULR) today announced it has increased its Bitcoin acquisitions for its Bitcoin Treasury by an additional $9 million to reach a total of $78 million in bitcoin acquisitions. The additional Bitcoins were acquired at a weighted average price of $103,234 per bitcoin, inclusive of fees and expenses. The Company now holds 800.3 BTC. This strategic move aligns with KULR’s Bitcoin Treasury Strategy announced on December 4, 2024, wherein the Company committed up to 90% of its surplus cash reserves to be held in bitcoin. Year to date, KULR has achieved a BTC Yield of 220.2%, leveraging a combination of surplus cash and its At-The-Market (ATM) equity program to fund acquisitions.

TheRabbitHole-512

So buying Bitcoin at the Chase ATM is a thing now ?

slavikthedancer

"Arizona rejects Bitcoin reserve plan, caps ATM use at $2K per day" Same news, different header.

Frontbovie

Yea. Unfortunately this is true based on their funding strategy. He can only really raise funds by selling new shares when the BTC price, and therefore the MSTR stock price, is pumping. The MSTR stock price can't sustain the MSTR stock ATM dilution when BTC is in a pullback. The stock would crater. But this is their primary funding source now: The "ATM" or at the money stock creation. They create hundreds of millions of dollars worth of new shares from scratch and sell them on the market for cash. They trade at a 2x premium, so as long as there is a premium, they are basically turning $1 into $2. Apparently there is enough demand now to sustain the new share creation and then some since the stock price keeps going up. They're selling shares and buying BTC every day all week long, not just on the weekends like people think based on his tweets. They haven't been able to issue new convertible bonds (basically debt) lately for some reason. Maybe less demand. They're actually becoming increasingly deleveraged with the ATM as their debts shrink against their holdings. Kind of goes against the narrative that they're a leveraged BTC play. I think they're trying to improve the rating on their bonds to open their offerings to new customers with higher restrictions. Anyway, I'm a fan of MSTR personally since I can buy it in my 401k where IBIT isn't available and the returns have exceeded my BTC returns. But at this point they're basically just trading shares for BTC until the market stops enabling them to do so. So yea Saylor meant it when he said he'd be buying the top forever.

Additional-Menu-8764

I used to use an ATM when I was 17. No KYC at that time, that was many years ago, though. Whatever you do, dont sell and hold on to your sats.

harvested

Hey man, first, most strategy owners own bitcoin too, usually (should be) a majority holding. Second, they will experience this when the market opens, unless you're insinuating that Saylor is going to absorb the gain with ATM? Third, it's the same team, everyone wants bitcoin to succeed.

Rich_Scientist_4270

Each time you move value from fiat to BTC or vice versa there is a cost, a fee, correct? Even if I move my own BTC from one wallet to another there is a transaction fee. I can pay for a meal at the local restaurant with fiat deposited to my bank from my employer and withdrawn either by a debit card, a phone app or cash withdrawn from an ATM and pay no fees. Bitcoin on the other hand has fees at every level, it is even difficult if not impossible to buy any at the published rates. The advantage to Bitcoin is that it is appreciating. As long as you let it sit, you will outrun the fees. For me, I'll sit tight and keep buying more. Sooner or later Bitcoin will be coin of the realm. Be patient.

beklog

Wallet is just a way to access ur coins... so ur coins are safe in the blockchain even ur wallet got destroyed. Think of wallet like ATM card, ur money are in the banks.. so u can request for a new card if the old one is damaged/expired.

coinfeeds-bot

tldr; Hong Kong police dismantled a $15 million cross-border money laundering syndicate involving crypto and over 500 bank accounts. Twelve individuals were arrested, including nine men and three women, for converting fraud proceeds into cryptocurrency via exchange shops. The operation was based in Mong Kok, with $1.2 million linked to 58 fraud cases. Police seized cash, ATM cards, and crypto transaction records. The crackdown aligns with Hong Kong's efforts to regulate crypto and combat financial crimes amid rising fraud cases. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Additional-Fennel669

Not sure but I used to be in the ATM businesses and new ATMs have Bitcoin functionality you could always add an ATM outside of your establishment to allow people to transfer currency

towerninja

It's similar to gold. ATM not a lot of utility but if there was a currency crash or something you can trade it for the new currency when things get established. Unlike gold ATM Bitcoin is also a speculative asset where you could potentially gain value

-YouAgain

You aren't reading my posts. The whole point of my comment was that Schwab refunds all ATM fees. All of them. ALL.

Tiny-Design-9885

You go to the exchange when nobody wants to sell you their bitcoin. Traders don’t understand what they have yet. That means you can buy it from individuals, OTC, or ATM on exchange/DEX. If everyone at once realized how valuable it is, the world would have to fight over the dust that’s left.

Calm-Professional103

Never been near a bank or ATM machine in years. 

Rude-Veterinarian514

Completely agree. Might not be an every day means of payment. But great in certain situations I.e if your in another country and have to pay an exchange fee … or if you have no cash on you and the ATM fee is high or the credit card fee is high etc… maybe it’s a once a month / few times a year type of situation.

fusterclux

Schwab has free ATM fees globally. Reimburses every month. Any travel credit card has 0% foreign transaction fees

-YouAgain

True but note that I said to use the Schwab debit card at ATMs for cash, which to my experience are everywhere worldwide. I do not recommend using an ATM / debit nor credit card in places where cards are not commonly accepted, like Thailand.

mr_fantastical

I get free ATM withdrawals. But i have a Premium Account, so its 400euros free per month. Even when the machine says i will het charged, i dont.

-YouAgain

If you're in the US you can get a Schwab investing account (min $1) and then a Schwab checking account. Then use the Schwab checking ATM card and all ATM fees are refunded, including international fees. I've done it in Thailand many times.

unknownaccount1

I just got back from Norway and Sweden and never used cash at all, never used an ATM, always used Visa or Mastercard. There's also plenty of credit cards that don't charge foreign transaction fees.

Montague_Withnail

I don't know about the US but lots of countries in Asia. Even in EU countries it happens sometimes, even though it's illegal.  You don't get free ATM withdrawals with Revolut. They don't charge you a fee but the machine still can. 

Montague_Withnail

There's still lots of places though where businesses will charge you say 3% extra to pay by card, and the ATM machines charge you $5-8 to withdraw cash. This solves that.

pinktrending

Yep. Not sure you purchase without KYC. Maybe ATM or peer to peer transactions but even then, the fee's would be really high.

MusicalBonsai

Any exchange will keep your info. You need an exchange to buy btc with money. Before you mention bitcoin ATM, 99.99% of people won’t/cant use it

Cat-a-mount

Do you know how much is left to spend from the last ATM?

marcio-a23

ATM arbitrage gives profit. Its called the bitcoin yeld. My bad size rsised 150% in 2 years..i am not talking about the dólar value.

_Commando_

This is exactly what they want to do with CBDC and a cashless system where you cannot withdraw from an ATM. Say NO to CBDC. https://x.com/CarlBMenger/status/1922340539115954328

SlickNegotiator

This LOL! Dude thinks people need to know Monetary Policy and understand source code of ATM software to be able to go out and buy milk. Also, he has "bitcoin maxis" phobia...

Smoking-Coyote06

Yup, Cap has this covered. Hit can hit the ATM for like an hour and cover those payments!

harvested

Ah that fresh ATM.

thesaulat

$0.4 ATM

Efficient_Culture569

No, that would make it a cash ATM.

destiny88888

Why should he buy at ATH ? Let's wait Michael Saylor to unleash his bags or all you think that Micostrategy is in it not for profit but for philosophy ? lol I agree that in 2028 BTC price should be higher than now but if someone buys the local ATM, he gets diminshed returns for sure

Glum-Wealth-6171

Everything is really struggling ATM. Hopefully no bug rugpull overnight.

LankyRep7

So if we setup alerts for ATM on bottom rung nations.....interesting.

cphh85

First, you need to understand why they do it. In many cases, you have a daily and weekly limit on ATM withdraw due to safety reasons, like you get scammed by people and they trick you to withdraw money or steal your card etc. you can call your bank to lift up this limit. Now, the 3000€ cash limit comes from lowering the usage of cash in general and make them move into more card payments and digital solutions, also preventing money laundering. The TAX authority get notified when you try to get more than this limit asking what you gonna do with it, and I don’t know why they should care. I am not a big fan of asking for your own money, since other countries in the EU doesn’t have those at all, but for elderly people in particular trying to withdraw 80.000€ on a single afternoon, makes sense.

AcanthisittaEarly983

I'm so so on this.... It can for sure be a good play but I still think crypto is a bit to volatile to take that gamble.. especially with the trade war and what not. Just to many unknown for me ATM

AcanthisittaEarly983

Wouldn't touch it with a 10ft pole ATM. 20% gain in no time? Asking to be a bag holder.

Liv2Btheintention

I carry some BTC on my phone in a hot wallet. It was late, had no cash and no ATM at the bar. Casually said hey I could tip you in BTC you heard about it? He did not have lightning anything, but said he had coinbase. Scanned QR and sent. Good tx fee. We proceeded to chat for a few min while the transaction was confirming and the sats showed up. My guess it was the exchange app not a local wallet, I don't use coinbase apps. He was not a pro by any means, with a few bits of shitcoins in there and zero in BTC. He was surprised that BTC is 99Kish. Not checking the price like we do every 5 min, clearly. Lamented about not getting in earlier and losing a few bucks on other coins. Might be a pretty standard experience for your average guy with a coinbase account.

Terhonator

The question is: How you exactly bought bitcoin as minor? Did you use some ATM or gave cash to friend or how?

chrismurraylaw

Over 5y it doesn't *really* matter. You won't time the dip or your exit to perfection, and once you properly account for volatility, the traffic is one-way. Just buy it then go touch grass. ATM BTC is close to its all-time high which might give you pause, and probably there'll be a substantial drop at some point within the next 2 years. But it'll correct and in 5y short of something wholly unexpected happening, you'll still be up. Plus, since you're saying "5 years" my guess it that you mean "long term" and there's not one specific event in April 2030 you're saving for where you need x dollars. So when you get there, future you can sell whenever you feel comfortable. That's the advantage of retail that you've already seen in the stock market - you don't need to trade to earn your worth. Just invest and patience will do the work for you.

Zanar2002

Not worthless, but he could ass fuck us pretty hard if he wanted to, right? He could dump his stash all at once causing the price the fall precipitously. In fact, the price would start plummeting the moment the UTXOs started moving - even before he sold anything. I doubt he'd do it, but who knows? Maybe he's dead. Eventually, the market would absorb the massive influx of coins, but this type of black swan event would set us back years, I reckon. Or not. Maybe Saylor would just do another ATM and gobble it all up. Could also be a great opportunity for Tether to grow their stash.

CasualRedditObserver

Probably wasn't as long ago as you think it was. I don't think the first BTC ATM existed until 2013. It was probably a few months (or even years) more until there was one close enough to you for you to get to one with a 40 minute drive. Your story claims a 16X growth ($10 to $160). That would put the exchange rate at the time of your purchase around $6,000. The longest ago that it was $6,000 was autumn of 2017, but your purchase could have been any time between that and the start of Covid (March 2020).

simonmales

Sometimes I use the analogy that onchain is like a bank transfer (slow) and LN is like withdrawing cash from an ATM, for instant settlement (fast).

Moist_Bass_5823

Its simply not possible, after the first 21 B ATM plan the debt % is extremely low. Sorry for you not understand the bitcoin yeld. Saylor is making shareholders very rich.

Laukess

I was referring to buying face-to-face or P2P with a tool like bisq where you are trading with someone directly, where your bank only knows your sending someone money, but not what you buy. If it's face to face, they only know you withdrew money from an ATM, or you could use dirty cash (not sure what the correct term is. Cash you've gotten for work, that's been done off the books). Privacy in bitcoin is not easy. Not using a KYC exchange is probably the first step, but there's a lot to learn, and I don't have a lot of insight.

fattypattybabymow

Ive used btc atms as a tourist all over the world. Often times its cheaper than using my debit card at an ATM or using my credit card. Usually they charge between 0.5-3% depending on the machine. Sometimes machines will have limits on how much you can sell per day without ID

Nick700

The 84 billion is inclusive of the first 42 billion of ATM which has been used up already so the 41 billion is what's left in the 84 billion plan

Tatler-Jack

Be careful. Even the "legit" ones are scammy. Reading the instructions, it tells you to deposit cash and it will issue a receipt blah blah. In reality you put your cash in and then it will tell you to scan your Spanish ID card or driving licence etc. obviously you can't. The transaction is then terminated, but no refund. You have to request a refund from the ATM owner etc etc. it's total bullshit. I would rather pay a 6 to 10% premium to purchase non-kyc via recognised sources. At least by hodling, I get my % increase returned in the future.

Tatler-Jack

Be careful. Even the "legit" ones are scammy. Reading the instructions, it tells you to deposit cash and it will issue a receipt blah blah. In reality you put your cash in and then it will tell you to scan your Spanish ID card or driving licence etc. obviously you can't. The transaction is then terminated, but no refund. You have to request a refund from the ATM owner etc etc. it's total bullshit. I would rather pay a 6 to 10% premium to purchase non-kyc via recognised sources. At least by hodling, I get my % increase returned in the future.

DRAGULA85

I guess you can withdraw cash at the ATM and buy heroin

longonbtc

It depends on which company owns and operates the bitcoin ATM. You can use (https://coinatmradar.com/ to locate bitcoin ATMs and that website also lists limits and verification requirements for different bitcoin ATMs. Also be aware that there are two types of bitcoin ATMs. There are one-way bitcoin ATMs (they only enable you to purchase bitcoin) and there are two-way bitcoin ATMs (they enable you to sell bitcoin and purchase bitcoin). There are much more one-way bitcoin ATMs than there are two-way bitcoin ATMs. The website above will also tell you which bitcoin ATMs are one-way bitcoin ATMs and which ones are two-way bitcoin ATMs. You might already know this, but also be aware that bitcoin ATMs typically charge high fees and/or have a large spread.

aTurnedOnCow

Yeah I’m travelling south east Asia and cashing out small chunks of crypto using the cardless cash function ATM’s offer through a peer to peer exchange. Has been a life saver to be able to spend some profits and not need to carry lots of currency across borders, or even a bank card for that matter.

HovercraftAccurate68

I'm planning on long term so yea btc All the way with a little diversification But for trading I did make a quick buck when sui poped off and made a quick profit but trading is a lil too risky for me ATM maybe when I get more literate with crypto I'll try trading again

HovercraftAccurate68

I'm js dca'ing into btc ATM Learned my lesson to put major of my stuff into btc

Significant_Mousse53

we have a Bitcoin ATM in town

Fit_Trifle2469

I've been using the app for 2 months and love it except for 2 things. The spread when you buy is just as bad as a Bitcoin ATM, iykyk. And just today, I had sats stored away that I wait to transfer to cold storage until it reaches a certain amount, and they are all suddenly gone today. Gotta wait till Monday to get help from customer service (which could also use some work). Otherwise, great app, cheap stock price, they have potential.

K42st

What difference will it make because you can withdraw cash from an ATM put the cash into your bank account and use a debit card to buy what the fuck you want, are they banning cash withdrawals on credit cards also because if not their banning ways won’t work. Stack sats!!!!

RatioSubstantial1265

You can't compare the MSTR premium. XXI will be different as the liquidity will not come at first from any ATM. The premium of CAP is now around 10-15x according how fast it move. MSTR is killing investor in keeping that Mnav really low and that made me loosing a lot of money from that huge drop from 530 to 250. Jack Maller has a better strategy and this is the MSTR 2.0.

rodicarsone

People will notice.. the government will make sure of that. **Remember, the governments want this control so bad they can taste it!** They envy China right now with their digital Juan, but they wisely are waiting for the fallout. The governments will set it up where most people will opt for simplicity. Their company will pay them in CBDC, the grocery store will accept it, the ATM will credit their account in it. This will not be the case for Bitcoin. It will not be so simple. If even permitted, it will be have multiple levels of government red tape required. Bitcoin surcharges will be very annoying. Sounds unreal. It may be. There are striking opposing dynamics in the fight for freedom over control. It may just depend on where you live.

Dambedei

Not really. Buying Monero on a CEX is like withdrawing cash from an ATM

BitcoinBaller420

Maybe but it's not so clear, at least to me. When MSTR sells shares to buy bitcoin, they are essentially selling $1 in equity in their bitcoin stack to buy $1.80 or more in new bitcoin. That's a great deal for shareholders. Selling those shares compresses the mNAV, yes, but the mNAV is there in no small part because of the ATM mechanism increasing shareholder value now and in the future. If he wasn't so aggressive the mNAV might be closer to 1, so the change in price from a different strategy is hard to pin down imo.

Realistic-Jelly8133

ATM stock dilution incoming...

harvested

Well he's out of ATM allowance for now, and price is going up because he isn't chipping it down

snek-jazz

They ATM'd 21 BILLION DOLLARS worth of new shares in around 6 months and despite all that dilution the share price went UP from ~$250 to ~$390. And these dudes are trying to FUD about a few million of interest payments or a billion in debt due years from now. I predict you'll see a major victory lap post there later tonight or tomorrow, probably by SundayAMFN after MSTR earnings since they'll have a huge Q1 loss on paper due to the accounting rule changes and the BTC dip at the end of Q1 They won't see what's coming at the end of Q2 though in 3 months.

snek-jazz

They ATM'd 21 BILLION DOLLARS worth of new shares in around 6 months and despite all that dilution the share price went UP from ~$250 to ~$390. And these dudes are trying to FUD about a few million of interest payments or a billion in debt due years from now. I predict you'll see a major victory lap post there later tonight or tomorrow, probably by SundayAMFN after MSTR earnings since they'll have a huge Q1 loss on paper due to the accounting rule changes and the BTC dip at the end of Q1 They won't see what's coming at the end of Q2 though in 3 months.

harvested

Imagine how high mstr would rip if saylor laid off the ATM

jshanklnd05

Someone needs to tell them the ATM isn’t even a big part of MSTR’s daily volume, they went over it last shareholder meeting. And to be fair they don’t understand bitcoin so they will never come close to comprehending what MSTR is doing. Saylor is literally converting greed to an underlying asset which solves the economic issues experienced by 99% of people in the 21st century.

jshanklnd05

hahaha I saw that, little do they know he will probably announce a new ATM plan later today…

ManlyAndWise

I am always a tad perplexes when Saylor makes his value forecasts. BTC will not rise linearly. If BTC stagnates for a year or two, MSTR can get to a million a coin and BTC still be not much higher than it is today. The guy can sell ATM at 2x mNAV basically forever. I hope it happens by the way.

myricemyrice123

Imagine this , do the same thing but withdraw it all in cash from an ATM, declare bankruptcy , and live happily ever after !

harvested

Buttcoinbros are hilarious, they are saying Saylor is out of money and the whole thing is just around the corner from collapsing now. They don't seem to be aware tomorrow is Strategy Earnings call and he can expand the ATM if voters approve.

friendly-survivor

yes because you can just run to the ATM when the power goes out... You simpletons fail to realize that physical gold is tbe only real currency. /s

Romanizer

Do you mean Cash? Banks will be drained before you can reach an ATM. Bitcoin is safer in an apocalypse as anything in the banking system.

heinzmoleman

A majority of the capital has come through ATM share offerings and super low interest convertible debt notes. There is nothing for investors to sell, in fact they have a vested interest to pump the price higher. The ATM offering is where most of the 21 billion has come from but its been an accreditive dilution in that more shares are offered but because the funds are used to purchase additional BTC the BTC per shares increases for everyone. It really is a clever idea, curious to see how it pans out in the long term but if BTC continues to repeat history than MSTR shareholders are going to have even more FIAT they can pump back into BTC.

ModestGenius66

As long as mNAV is healthily above 1 Saylor can keep issuing ATM and accruing btc yield. The inevitable rise in the price of btc is a welcome addition, but not necessary for btc yield.

Main_Law361

If the world suffered a power outage like you described, everything would be dead – not just bitcoin. You can’t even go to the ATM to pull out cash.

snek-jazz

yeah, ATM is not borrowing.

askacanadian

It was an ATM… but go off

snek-jazz

> Where is he getting it from? Selling newly issued shares > Is he printing coins? No > If using ATM, why? Because the share price is high enough that it means the dilution from the new shares is less than the bitcoin they can buy with the proceeds from selling them. In short bitcoin per share goes up, despite the fact there are more shares. This raises the floor of MSTR since assets increase but debt stays the same.

zxr7

Where is he getting it from? Is he printing coins? If using ATM, why? If he wishes to put the price up, then simply buy the spot market. Or he's getting large discounts, and not rushing for quicker but more expensive on the Spot market.

Realistic-Jelly8133

My guess is that the announcements on Monday premarket are to drive a MSTR pump so that he can sell ATM shares into it. Then he hoards that cash through the week, buys slowly over the weekend to maintain liquidity in the BTC market, then repeats.

coinfeeds-bot

tldr; The FBI's Internet Crime Complaint Center (IC3) reported $2.8 billion in cryptocurrency scam losses for individuals aged 60 and above in 2024, marking a sharp rise in fraud targeting older Americans. Total crypto-related losses reached $9.3 billion, a 66% increase from 2023. Investment scams were the primary source, alongside schemes like sextortion and crypto ATM fraud. Older adults were particularly vulnerable, while younger individuals increasingly fell victim to pig butchering scams. Efforts like 'Operation Level Up' aim to combat these frauds. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Moist_Bass_5823

You still in delute past? ATM is an arbitrage it gives yeld, last year yeld was 80% Breath, btc per share is always raising. Thats why is always going up faster than bitcoin and this wont stop.

dis_guy_boddering_u

Long Island’s lack of ATMs is due to NY state’s “bitlicense” which makes operating a ₿ ATM next to impossible unless you were grandfathered nearly a decade ago. It’s incredible expensive to even apply and the waiting time for just getting a response back is generally in the range of 2 years.

akataytek

Are there any BTC ATM's where you are. Maybe a Mall or Airport? If you do then it can be completely invisible. Pay cash, keep in a hard wallet.

LegendaryJohnny

There is crazy amount of hardware built around Bitcoin including ATM machines plus another mining hardware backing up the value. Also its just first crypto which is advantage. But I also agree that it is basically useless.

CasaSatoshi

I just spent 3 months in Mostar - there is a Bitcoin ATM in Mepas mall.

iocularis

Have you tried using a VPN? And drive across the border to a country that's Bitcoin friendly buy some Bitcoin at a Bitcoin ATM and circumvent the old system that should be abolished anyway

NIssanZaxima

I know I fucked up so I’m going to get it back after I make a withdrawal from the ATM with my credit card.