ATM

OGBennyGoat

I miss bargain bin games too. I loved digging through them to look for stuff to. Even if you didn't find anything; you still walked away with a couple of laughs from the God awful cover art. I can still hear the plastic clatter. Holy Crap I didn't even know that memory was there, it was visceral. I'm really looking forward to using it for medical implant security. Insulin pumps and pacemaker use Bluetooth ATM. Only a handful of people are worried about it.

pazsurfingwd

I see GOV in that spotlight. It's got so much good potentials for long-term growth and it's still very pretty much undervalued ATM.

pazsurfingwd

I'd suggest you check out GOV, still very pretty much undervalued ATM but has a good longer-term potential for growth. Just recently launched on PCS and it has real world use-case by being able to increase the amount of USDT, USDC, or DAI you’re able to borrow against the USD value of your altcoin or NFT portfolio.

Thanatos_1

For non-burgers, the binance card is much better. $1000 a month of ATM withdrawals per month?

ManOfTheInBetween

> Did you try this via ATM? Doesn't sound like it, if you went in person they should allow you to take it out. It's your fucking money. They didn't even offer a check for the full amount? (before calling the manager) She saw the money there but there was back and forth before I finally got my money.

Ateam043

1. The where the money came from question is standard. That's a Fed requirement that banks have to impose. The other stuff, uncalled for. 2. Did you try this via ATM? Doesn't sound like it, if you went in person they should allow you to take it out. It's your fucking money. They didn't even offer a check for the full amount? (before calling the manager) 3. Lame 4. I addressed this above.

coinfeeds-bot

tldr; The FTC has published a new scam alert involving the use of crypto ATMs. The scam usually involves a QR code, a crypto ATM, and an impersonator who asks victims to send money. The FTC warned that scammers could parade themselves as public officials, law enforcement agents, or even employees of local utility companies. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

TheMeatery

Lightning Jukebox vs Bitcoin ATM. Even better, combine and get a free song with every Bitcoin purchase!

velocipedic

This isn’t new. The QR code/crypto ATM scam is old…

AintNothinbutaGFring

You can just withdraw crypto from the exchanges you have access to, to the ones that don't take your bank, trade for Nano, then withdraw to your wallet. I used Tradeogre for buying Ergo (I think). Sent Nano to it and swapped (no KYC, signup took \~1 minute). It seems a bit sketchy but I dug into what people said about it, and it seems legit, no rugs. Spreads are pretty wide though, but if you're not trading short-term it doesn't matter too much (one of my best ROIs was bitcoin from an ATM 3.5 years ago that charged \~15% above market rate... and TradeOgre was maybe \~2-5% spread ) So you withdraw crypto from your exchange to TradeOgre and swap for Nano if you really want it, and it's practically no hassle.

ResponsibleOwl2263

Some options: 1. Ask a parent / senior to buy for you 2. Use a decentralized bitcoin exchange 3. Buy an ASIC miner and start mining BTC. Cyberian Mine offer fractional ASIC to suit those with smaller budgets 4. Use ATM

milonuttigrain

It’s reported that Uruguay is getting its first ever crypto ATM. 🇺🇾

greeneye44

What is it? Sounds interesting! Block is 30s ATM but since it will have tendermint in 1-2 month, it should enable to reduce to close to cosmos block time (around 5s)

Create_HHNNGG

lol... The despair. Like crabs in a bucket, attempting to pull others down. My first purchase of Bitcoin was from an ATM in 2014, and Bitcoin is a majority of my crypto portfolio. I'm doin quite well. I do hold $140 in Doge, however, so maybe I'm heavily biased?

swn999

Bitcoin / Crypto ATM is like a rotary phone.

ZitroneGO

Yes. ATM transactions of course don’t get rewards. Also be careful if getting cash back at the register, it will also not give rewards. But yes everything you buy or any bills you can get 4% in XLM rewards.

fnmikey

Probably about the instant fiat aspect. If I have an emergency, odds are my crypto assets won't reach my bank for 3 days. (Or longer) If I have to eat some fees to cover an emergency I probably would use the ATM

SenatusSPQR

> No disrespect but Bitcoin as is will never become a method of exchange, it currently is (and I believe will remain) a store of value. Deflationary coins will never thrive as currency, at least not in the early (decades) of crypto. My take on deflationary currencies working as currency: If something is a good store of value/investment, people will want to hold it, that's something I think we can all agree with. However, this means that those receiving payments would also want to hold it, correct? So if I run a store, or any sort of business, I can either receive some inflationary currency and want to convert it into Nano, or I can simply say "hey, if you pay in Nano I'll give you a 1-5% discount". Additionally, even if bad money drives out good, which is essentially the argument that is generally made when it comes to tokenomics, you run out of bad money at some point. If I get bad money such as an inflationary USD/EUR, why would I hold it? I'd rather convert it, to Nano, because it's a better store of value, right? (not advocating for anyone to do this with 100% of their net worth right now, for what it's worth). If I hold all my money in Nano, and a merchant prefers to receive Nano, why would we still need the in-between step of converting back to USD to pay, for them to then convert right back to Nano? The way I see it, full efficiency is gained when we have a form of money that is both a fantastic store of value and a fantastic currency. The two strengthen each other, rather than weaken it. What I see as the main issue with increasing supply is that there is always a question of redistribution. Who does the increased supply accrue to? I also think there are better ways to do redistribution without the need for a de-simplifying of the monetary system, for example relatively simply through taxation. I don't see monetary policy as the necessary component here. As for the impasse where nobody wants to sell/spend, I think this concern is quite overblown. People need to spend, and have always done so. When we had the gold standard, people spent and invested. The majority of large inventions that we name were created during the gold standard, so it's not as if innovation stops. It's not as if people no longer need food, or housing, or want TVs. As one final point on the spending aspect - for the majority of history the safe rate of return has been higher than inflation has been. People have largely always been able to postpone their purchases to get more "bang for their buck". Crypto would not be a huge change in that regard. > Also, I can just use fiat for transactions - Revolut or equivalent? Your bank app or national ATM network app? Of course it might not be as easy for everyone but I have a myriad of options for free and instant international transactions without even touching crypto. Sure, doesn't work very well internationally though, right? I tried to donate to Wikipedia a few days ago. For a €5 donation, there's a €0.35 fee. That's absurd, and shows just how much there still is to gain. When I try to transfer money to the US, I'm surprised at the fees every time (and end up using Nano).

nioof

No disrespect but Bitcoin as is will never become a method of exchange, it currently is (and I believe will remain) a store of value. Deflationary coins will never thrive as currency, at least not in the early (decades) of crypto. Also, I can just use fiat for transactions - Revolut or equivalent? Your bank app or national ATM network app? Of course it might not be as easy for everyone but I have a myriad of options for free and instant international transactions without even touching crypto. Nano was too early and the tokenomics don't work for the intended use - you can argue all you want, and I wouldn't mind be proven wrong if NANO moons, but right now I see it disappearing within the next couple years.

voidcrawler

Don't understand why the people are so eager to use these ATM. The fees are ridicilous and you have to move to them. Everything else I'm used nowadays to do only but buying Bitcoin I go to the ATM.

whiteycnbr

Why do you need an ATM for Bitcoin?

scoot_er60

Does anyone know or wonder where the money comes from to fill the Crypto void? I mean, I know they keep printing billions a day ATM but there's only a certain amount out there which is divided into the retail, housing, precious metals, debt etc. It has to come from somewhere right? I just can't seem to find where. Thoughts?

coinfeeds-bot

tldr; The first cryptocurrency ATM in Uruguay has been installed in Punta del Este, a city located in the southeast of the country. The machine was developed as a joint initiative between Urubit and Inbierto, two national crypto companies. It supports only five cryptocurrencies: ferret token, urubit, bitcoin, binance coin (BNB), and binance USD. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

moonbunR

I don't know if they are live yet, but this makes it possible to use crypto anywhere without ATM fees: https://www.6banc.com/

Catolution

My Binance MasterCard works in every ATM so…

gilbert10ba

Why is NCR doing it? Because they bought a company called Cardtronics that was already working with LibertyX to add crypto support to their ATM fleet in the US. These are the ATMs that Cardtronics owns and operates. Not the ATMs driven on behalf of banks and credit unions. NCR was in the process of purchasing both Cardtronics and LibertyX. Look back in September 2021, you'll see a press release from NCR that the acquisition of Cardtronics was completed.

FahCureMother

I work for a conservative bank and NCR is our ATM vendor. I can tell you 100% we are not accepting crypto, even if they offer us the capability.

arveena

How about some facts instead of opinions I esp focused on stating facts and not opinions. I have lots of opinions on Tesla's and other EVs too good and bad ones but I did left them out because I was making a point about how rivian is not better at all. Can't do that with opinions. Rivian is ahead was your point can I get at least a single fact in what part of the car they are miles ahead. They can be a major player if the get solid state battery's right. But that's a long way of. ATM Tesla is way ahead. Besides a review from a magazine which takes money from all manufactures besides Tesla. The rivian is a good car and I love the competition but I have no clue how someone can say they are better in every way. That's not an opinion that's just false.

CoinCorner_Sam

BISQ is the best we have (if we're talking about decentralised Bitcoin exchanges) without any KYC. Fees might be higher but much more private. If you're after non KYC'd Bitcoin, have a look at https://coinatmradar.com/ to locate the nearest ATM or check https://kycnot.me for more options.

Amber_Sam

Find nearest Bitcoin ATM and buy there https://coinatmradar.com/

DDDUnit2990

Can’t wait for the inevitable video of people breaking into an ATM to “steal its Bitcoin”

aaddii222

ATM 😁 What will be use for these

Theweebsgod

What's the purpose of crypto ATM btw?

Perringer

Try Cash-App or Strike, first - neither are exclusively exchanges, so your bank might not block them. ATM fees are a killer.

MGA-xxx9

I’m not going to do that. It feels pointless because NatWest wouldn’t be the only bank blocking Bitcoin purchases. I guess I could use an ATM to buy Crypto.

meheez

Yes ofc. Crypto is fucking stupid ATM. Hacks and scams everywhere, not to mention ridiculous fees. It will never take off as a currency. But there will be gold rushes on the web.

dirtbagbok

LOL are you even into crypto if your calling STRONGBLOCK a shitcoin 🤣🤣🤣 1 STRONG is $680 ATM up from $400 from its consolidation. I have 7 nodes that are bringing in just over £10K a month $STRONG ain't no shitcoin buddy LOL

burgerissues

Sideline money is around ATM low. https://twitter.com/LynAldenContact/status/1481832006434574336

poppybear0

So India just approved their Bitcoin ETF, City of Rio De Janeiro is allocating 1% of the reserves to Bitcoin and NCR will allow buying of Bitcoin in their ATM machines. Worldwide adoption is happening and people are selling their Bitcoin? All sources from here. https://twitter.com/BTC\_Archive

arveena

I Do motorsports since I am 4 years old drove every electric vehicle on the market besides the model Rivian to TAYCAN turbo s. Model 3 performance and TAYCAN in the nordschleife. People have no clue how far ahead Tesla is. There is no manufacturer on the market who even builds LFPs or NCAs besides Tesla ATM and if they ever release the 4680 the cap would be ever bigger. That alone is a giant tech Advantage because an NCM is just dirty. The whole package you get from a Tesla is just absurdly better. A model 3 performance gets you the performance of a tyacan turbo S for a third of the price at least. All the interior extras you pay ten of thousands of dollars extra for are included in a tesla. The best fast charging network with the lowest prices period (at least in Europe Tesla is way cheaper and more common than anything else and it's not even close either price or availability wise) The range of a Rivian or etron for less than half the price. All while having way better and economic battery tech. But the biggest advantage is Software. I develop software myself what the big manufacturers call Software and hardware in an EV is absolutely shameful. You have PS2 chips running absurdly bad laggy pieces of garbage even the TAYCAN software is just terrible. Go watch LTTs review of the TAYCAN. As someone who develops software it's gonna take years to catch up to Tesla with current prices.

ClubbyTheCub

Can someone fill me in about whats the advantage of using a Bitcoin ATM? Is it privacy? Skipping exchanges? Anything else?

DefiantHamster

There's a couple that are free right now. Introductory things. And limited in scope. Yokaiswap is free swaps ATM but for ETH/yok, ckb/yok, usdc/yok. Not what this guy wants.

jazzmoney

Let’s all settle down. This is not the biggest event in history, but it is important. Why is NCR’s acquisition of LibertyX a big deal? Because they also acquired an ATM company last year with a foot print of over 285k ATMs across the globe.

LibertyX_Chris

We've been at it for 7+ years (we launched the first bitcoin ATM in the U.S. in 2014) and are not stopping until we have Bitcoin on Every Block! NCR provides a game changing global distribution of over 100K endpoints in over 100 countries - all of which can enabled with our software. It'll take time to roll out, but all the pieces are coming together!

FriedDickMan

So, NCR does the cash register systems at places like McDonald’s and Walmart anywhere with that type of register? That’s probably them. LibertyX are those tacky Bitcoin/crypto atms 2 + 2 = 5 Cmon do I have to spell it out for you degens? Nah I’ll quote the press release (sorry if bad format I’m on mobile) “The completion of this transaction enhances our ability to provide digital currency solutions and capabilities that help run our customers’ businesses,” said Don Layden, EVP & President, Payments & Network, NCR Corporation. “We are pleased to welcome LibertyX and its outstanding team to NCR.” The LibertyX digital currency solution runs on ATMs, kiosks and point-of-sale (POS) systems today. LibertyX partners with ATM operators, like NCR’s Cardtronics, who owns and manages ATMs and the Allpoint network in the U.S. at locations like convenience stores, pharmacies, and supermarkets. Moving forward, NCR will utilize its Pay360 platform to offer the LibertyX capabilities as part of its solutions for banks, retailers and restaurants. NCR Pay360 provides financial institutions a secure way to enable cash-in and cash-out transactions from their mobile banking app, website, or even customer service centers.”

bitcoin_not_shitcoin

Are there any bitcoin/crypto discords or places to hang? I'm drunk but also have bipolar and hyperfocus disorder so i get fixed on 1 thing and ATM its BTC.

509BandwidthLimit

You want the masses in crypto? They will have to Apple the hell out of it, make a simple UI, connect to fiat funds easier ( it sux having to call my bank every time I xfer fiat), fees have to be lower, less KYC, and more decentralized. Crypto ATM are not the answer.

lib3rty47

Peer to peer, Dex, ATM.

pazsurfingwd

I couldn't just agree more. Nothing makes a project more appealing to me than its utility for solving real life problem. I like what Baanx is doing as it helps bridge the gap between CeFi and DeFi.GovWorld is also one of the DeFi project I'm so keen on ATM, as it basically helps solved the problem of lending liquidity of altcoins and NFTs by building a customizable P2P lending marketplace where users can collateralize approved alltcoins and NFTs for stablecoins loan. This will basically help to solve lending liquidity issues.

DowvoteMeThenBitch

If you think the police would ask you to deposit money in a Bitcoin ATM you deserve to be scammed.

xavierwest888

As far as I'm aware you get the card the moment you ask for it which only requires you to own a certain amount of CRO, I'm not sure what exactly happens to the CRO afterwards, they say it's staked. I'm certain you can return the card to get the CRO back at any point, I'm not sure if you get staking rewards while the CRO is staked for the card though. You don't have to do anything with the defi, it's a separate thing entirely. It's a pre topped up visa debit card, you have a separate little wallet on the app you keep fiat in and the debit card takes from that wallet. You can easily transfer from other wallets on the app into the debit card wallet but you can only spend the money in the debit wallet using the card at a store or an ATM. I've only been using the car a few months but I basically send over about £100 per week from my bank and then spend it throughout the week on food, trains and petrol. If I wanted to / needed to I could sell my crypto using the app straight into my debit wallet and then I have more fiat ready to go instantly.

josef3110

I've to admit that actually, I don't know much about CRO, but the most important thing is, that it is controlled (issued) by an exchange. So, whatever happens to the exchange it will directly effect the value of CRO. Remember Mt. Gox? ATM (central) exchanges are making money big time. But they'll face regulation, competition, and consolidation. How will fare [crypto.com](https://crypto.com) in the future? We don't know. Then there are hackers, fraudsters, etc. What if [crypto.com](https://crypto.com) becomes a victim? It would not be the first one. There are so many "real" cryptos out there, that are not dependent on a single exchange, with real decentralized control and ownership. They have an independent community not primarily interested in taking (literally) your money. One has to understand that exchanges like [crypto.com](https://crypto.com), Binance, etc. are no longer simple money exchanges where you trade your fiat money for bitcoin. Those "companies" offer (semi-)professional trading platforms with all kinds of leveraged products, use customer money to trade leveraged products themselves and even create their own currency (like CRO) to finance the whole thing. Therefore, with every cent you put into CRO you participate in the big highly leveraged futures market of some more or less obscure tokens [crypto.com](https://crypto.com) decides to dive into. You can compare it to the strategy of Lehman Brothers, but without regulation. If it fails, it fails badly and your money is gone. Do you really want to take that risk, if there are other better opportunities out there. Even DOGE is better than CRO, because it's not a single entity play. To sum it up: The business model of exchanges is to take your money and make as much out of it while **you** take the **risk**. Because finally, it is your money on their accounts. **You** have **no control** and **you** cannot get out of it, because it is **locked.** For me all of these facts are red flags, but maybe I'm to conservative. Still - if you want to take risk for higher potential profits - you can do it on your own instead of letting the exchange doing it for you. It's not the case that they are better at it. Just the opposite - because it's not their money they don't care if they loose it.

Mallardshead

* Easiest way? Download CashApp. Link debit card or bank. Buy bitcoin. That's it. * The older way? Sign up for a Coinbase or exchange account. Link bank. Buy bitcoin. That's it. * Most expensive way? Set up a free desktop or mobile wallet (like Electrum). Find your nearest bitcoin ATM. Buy and send it to your desktop or mobile wallet. The ATM fees are ridiculous. * Most professional way? Use a decentralized exchange like Bisq to buy your bitcoin. Get yourself a hard wallet. Send your bitcoin to the hard wallet. Export the wallet's xpub and load it into a mobile wallet to create a "watch only" wallet. Run a node. Connect your hard wallet to your node. Use coinjoins. Broadcast transactions. Become sovereign. Secure the network.

kwik207

Got one of these in my emails. Hacker stated that I "had been naughty in front of my computers Webcam." And that I needed to send 0.1 btc via a btc ATM and send the wallet address to a separate email address. Emailed the second email address and asked them to show me the pictures of me "being naughty". Haha. I only have a work computer that requires a VPN that's ran in the background for the work server. Obviously a scam. Funny what people could fall for though.

Virtual-Yam-4733

A used ATM is under 10k. And yes you can have it installed in your own home. You can have one installed anywhere, most businesses own their own ATMs.

Virtual-Yam-4733

The more money you have the more they will allow you to move at one time all you have to do is ask your bank and they will raise limits or even go all the way as to install a ATM in your house if you can afford it.

_-OlllllllO-_

Clerks 2 taught me that in some situations, it's ok to go ATM.

beekeeperfrank

genuinely interested, how does crypto ATM works and why would anyone pick it over an exchange?

RdudeDdude

Each ATM needs to show its over 18 before we can use it.

pazsurfingwd

I'd suggest GOV, still very pretty much undervalued ATM and has got quite a good long-term potentials for growth. It can also be staked to earn an APY of 190% on its genesis pool and also solve liquidity issues in DeFi. I see the token doing very well this year and worth checking out.

Vinniam

This has to be one of the dumbest articles ever made. First instead of per transaction or per dollar, they simply compare the industries against each other by total energy use. The banking and gold industry are several thousand times larger than the crypto industry. Second it decides to lump in all energy use associated with the banking industry down to the production of plastic used to make an ATM, yet doesn't factor in stuff like the production of GPUs for Bitcoin. Third it also assumes that Bitcoin miners use renewables because it's cheaper, even though the reality is they often tend to go to places like Kazakhstan, Poland, and china which use highly polluting brown coal which is significantly cheaper than either renewables or the higher quality coal used in first world countries.

Puzzled_Raccoon8169

Yup. Make them all turn off at 11 pm. No constructive decisions ever come from a 2am trip to the ATM. Lol.

TX_Goat_1893

Glad fiat ATM's are not used for any illegal actions. Stupid article.

Amber_Sam

You can look into [BISQ](https://bisq.network/) or use a Bitcoin ATM near you.

ThatCanadianGuyThere

We had a golden cross that failed it’s purpose, so I don’t trust any of the traditional signals ATM. Not sure what’s happening TBH.

Tarsiustarsier

I mean I do have a problem with quite a few of the measures taken by our governments, but this one doesn't seem that bad as long as ATM withdrawal works right?

wdrosa

I'm gonna go out on a limb and guess that regular ATM machines do about a billion times more to facilitate sex trafficking.

WyrdNine

Soon the ATM machine will go the way of the CD disk and the suffering will be over.

atomsmasher66

The whack job website most likely left out the little ATM detail because its goal is causing hysteria and nothing more

Shady_Russian

I used to pull money out of the ATM machine to buy them.

Zantti

This is already being enforced in much of the world, the difference being you can withdraw from an ATM.

Tekkerr

I bought in my capital city as a scary country boy with tekst messages and ATM paying them. It was crazy, later I bought in the game Second Life from an arcade cabinet (in-game) with in-game money that you bought from Chinese farmers, crazy times!

PoorlyBuiltRobot

Think of MetaMask as the wallet in your back pocket and Coinbase as your bank. Coinbase is an exchange that owns your allocation of your tokens on the Blockchain and you merely have a spreadsheet agreement with them about what’s yours, the same as your bank. Your bank doesn’t have a shoebox with your money in it it merely has a spreadsheet that says your money is allocated out of all the money that they own in their safe. Hi spreadsheet I mean a simplified version of an online ledger. When you withdraw the cash from an ATM and put it in your wallet in your pocket you truly have ownership of that cash. Metamask is a gateway to the Blockchain that you have full control over and you have full responsibility for. A lot of people feel more comfortable keeping their “tokens“ (their allocation on the Blockchain) In their own personal wallet as opposed to leaving them on a centralized exchange.

WorthMarsupial6101

Stop putting your pee pees in the ATM’s!

ConfidenceNo2598

Uuhhh seems like the feds are trying to suggest that it’s actually safe to make illegal transactions using crypto ATMs? I mean, I hope they catch some sex traffickers with this but if I’m (hypothetically) trying to conceal a transaction there’s no way I’m using any ATM.

Random_Person_246810

1) Start by searching (Google) for BTC ATMs around you. This way, you know what companies to contact. 2) Contact the ATM company (or companies), and ask then whatever questions you have.

MegaWorldAdventure

I paid my rent in USDT last month, It saved me from going to the ATM multiple times + around 40 Euros in fees. I couldn't do a bank transfer because my landlord doesn't have an international bank account. Also, as dumb as it might sound for most here, I bought physical gold with BTC.

Pokoire

There are ways to buy BTC without KYC. I always assumed those ATM gave stupid fees.

coinfeeds-bot

tldr; The FTC has published an alert about a new scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM. The fraudsters pretend to be public officials, law enforcement agents or employees of local utility companies. They also use dating apps and call victims to announce that they've won a prize. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

MysticalPixels

Crypto ATM's have such a huge premium it comes at a loss for anyone utilizing them. In the United States, you can only deposit, not withdraw cash for clarification.

stucker41

Crime happens. I had an acquaintance who owned multiple ATMS that were in convenience stores. The proceeds from these machines went to his "club". This does not mean that every ATM creates proceeds to crime. But there are cases where it does. Read into it how you will. There is legal money to be made. Even for less than legal ventures.

CrowdGoesWildWoooo

Just to be clear the scrutiny was towards the non-AML/KYC compliant ATM. It is worded as if it targets the ATM in general but it is more towards people who setup bitcoin atms that don’t enforce KYC.

Astrochrono

Instructions unclear dick stuck in btc ATM

DadofHome

Nice let’s get those ATMs ! Not sure how they fit kids inside em …… but the ATM/s must be stoped

xavierwest888

When I read the title I thought that using the ATM meant that you would be human trafficked, took me a minute to realise they mean the users are taking their blood money from these machines. Then again, aren't regular ATMs just full of blood money anyway?

Austomic

I think the term ATM should be named something different if it’s for crypto. Name suggestions?