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Reddit Posts

r/BitcoinSee Post

Naked Short Selling

r/BitcoinSee Post

In 2014 I bought some electronics from Adafruit for a little over 2 BTC... Woohoo!

r/CryptoCurrencySee Post

Bidirectional Tokenization Model (BTM) Why is Better?

r/BitcoinSee Post

Bitcoin Depot - ATMs for Bitcoin

r/BitcoinSee Post

** IN SEARCH OF MY LOST BTC **

r/CryptoCurrencySee Post

Why would a crypto ATM machine require a text verification at the machine for bitcoin, but not for ethereum? See below.

r/BitcoinSee Post

News World’s Largest Bitcoin ATM Firm To Go Public On The Nasdaq. Bitcoin Depot is set to list on the Nasdaq under ticker symbol ‘BTM’ by Q1 2023 through an $855 million SPAC deal.

r/BitcoinSee Post

Combining Splicing with PayJoin?

r/BitcoinSee Post

BTC @ $337.90 - Found a tweet from when I saw my first BTM

r/CryptoCurrencySee Post

Leading BTM Operator Bitcoin of America Working With Mayor Suarez to Promote Women in Crypto at BTC 2022 Miami

r/BitcoinSee Post

Calling all BTM (btc atm) Owners

r/BitcoinSee Post

Cottonwood Vending NYC.

r/CryptoMarketsSee Post

Cryptocurrency ATMs: how they work and why they are needed

r/CryptoCurrencySee Post

Popular BTM operator Bitcoin of America wins silver at the 11th annual Best in Biz Awards - press release

Mentions

even on P2P services, if you geographically cannot meet the person, it leads back to an account with electronic debit/ credit funds. That's KYC, getting it off the internet is hard. Getting it in via cash BTM is easy, but I imagine Governments will start to crack down on BTMs that release cash as well.

Mentions:#BTM

I’d heard during the last cycle that they were looking at this. I’m gonna go check out my local one to see if it compares to the BTM in the mall or the exchange service I use. I’d sooner dump my spare change into one of these than a bank

Mentions:#BTM

> I was using it before it was cool. That was 2011, dude. Let me know if you see a way to cash out a bunch at a time to USD. I've been told that LN adoption is pretty small there even with their "Chivo" wallet. I haven't yet heard anyone give a straight answer to whether I can use a currency exchange kiosk or bank or BTM to cash out some BTC to USD to pay for everyday expenses.

Mentions:#BTM#BTC
r/BitcoinSee Comment

Because Bitcoin ATM prices are due to overhead and not to purchasing windows. The time it takes to make a tx with a BTM is small, bounded tightly, and certainly not worth an extra 10% above spot price.

Mentions:#ATM#BTM
r/BitcoinSee Comment

I’ll trade you turns at the non-KYC BTM.

Mentions:#BTM
r/BitcoinSee Comment

u could , but BTMs have super high Fees, so if u are planing DCA (buy 100 here and there $) i would not do that over BTM, sign up on an exchange

Mentions:#DCA#BTM
r/CryptoMarketsSee Comment

Haha, ye those BTM:s son. I think #pawth will have their own soon as well though.

Mentions:#BTM
r/BitcoinSee Comment

Yes, the CIANSAKGBFSBXYZ is definitely going to torture the passwords for the surveillance video out of the deceased owner of a defunct bar in Pattaya so they can review all the saved footage from 2015 to see me sticking bills into that guy's BTM. And by BTM I mean "stripper's g-string" in Minecraft.

Mentions:#BTM
r/BitcoinSee Comment

> If you are just buying as investment the BTMs are not cost effective. They are if you factor in capital gains taxes on *non*-BTM coins.

Mentions:#BTM
r/CryptoCurrencySee Comment

Too many bad investments I can’t remember. VET, SCRT, BTM , BAT, DRC… The list goes on.

r/CryptoCurrencySee Comment

if only BTM are more spreaded widely it can reduces the fees

Mentions:#BTM
r/CryptoCurrencySee Comment

> Customers pay high fees to use a BTM, on top of a possible exchange fee. The median fee for buying Bitcoin from a BTM, as self-reported by BTM operators in the United States, is 16 percent of the value of the transaction Alright, hell no

Mentions:#BTM
r/BitcoinSee Comment

send them a random butthole shot and never hit the site again. KYC is communism. bisq might be an option for you, or a local BTM

Mentions:#BTM
r/CryptoCurrencySee Comment

Quick question about BTM privacy. I realize they have their KYC requirements depending on amount, but is the location discernable from the public blockchain? In other words, if I look up all transactions with the same seller bitcoin address, will it show only buyer addresses from the gas station near me, or only from the same franchisee in my city, or from every kiosk in the entire Bitcoin Depot network? Thanks.

Mentions:#BTM
r/CryptoCurrencySee Comment

tldr; Bitcoin Depot, one of the largest Bitcoin ATM operators in the US, has launched on the Nasdaq stock exchange, becoming the first company of its kind to go public. The company recently merged with GSR II Meteora and is listed under the ticker BTM. Bitcoin Depot is the largest provider of Bitcoin ATMs in North America, with 6,440 kiosk locations. These ATMs allow users to buy and sell digital assets without setting up an account with an exchange. Bitcoin Depot's CEO stated that the additional capital from the merger will support their growth opportunities and mission to bring Bitcoin to the masses. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

r/CryptoCurrencySee Comment

tldr; Crypto ATM firm Bitcoin Depot has announced that it will go public on Nasdaq starting July 3. The company closed a merger deal with fintech firm GSR II Meteora Acquisition Corporation, allowing investors to have exposure to Bitcoin Depot. The merger deal, costing $885 million, aims to support growth opportunities and promote Bitcoin adoption in North America. Investors will be able to find shares of Bitcoin Depot under the ticker symbols BTM and BTMWW. This announcement comes amidst regulatory scrutiny of crypto firms in the US. Bitcoin Depot is one of the largest crypto ATM firms in North America, with over 9,130 locations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

r/BitcoinSee Comment

Robinhood is decent actually, you're able to withdraw bitcoins now. If you're buying with cash check out [Agoradesk](https://agoradesk.com/?rc=htg1). Much cheaper to buy P2P than to use a BTM.

Mentions:#BTM
r/BitcoinSee Comment

The BTM is called BTC Central and its located in British Columbia Canada

Mentions:#BTM#BTC
r/BitcoinSee Comment

Anonymity, banklessness, trustlessness, (using BTM vs using banking/KYC'd exchanges channels to buy in/sell out) ; are each ***extremely*** powerful, invaluable features Getting that coin anonymously, without a single vulnerability to taxation or asset seizure, is worth every % point those CTM's charge us I use them every week, since 2017

Mentions:#BTM
r/BitcoinSee Comment

BTM owner here. I can assure you the industry is scared and BTMs are getting shutdown because of the government action and the lack of legal clarity surrounding the industry at the moment. There is no way to prevent somebody from sending their Bitcoin (either from an ATM or from Coinbase) to a scammer. So we are forced to shutdown.

Mentions:#BTM#ATM
r/BitcoinSee Comment

Welp, there goes the 0.1 BTC I never sent to a wallet back in 2018 on that very same style Coinlinx BTM . . . which is now out of business in USA

Mentions:#BTC#BTM
r/CryptoCurrencySee Comment

Lol you misread and misunderstood my question. Misread because I said “if banks disappeared TODAY”, not at some point in the hypothetical future when crypto will be the new money. And misunderstood because I did not mean how you would earn money. I meant how would you convert your cash stored under the carpet to crypto? My intention was to highlight how crypto appears easy to use because banks do a lot of the heavy lifting. To your credit, I’ve learned something new about crypto just today after I posted my previous reply, specifically the BTM’s and how they allow you to directly convert cash to BTC. That helped me to look more favourably at crypto functioning independently of banks. But, either way, adoption is still very far, though not impossible. I posted a detailed comment to the person who told me about this, about the problems which stop crypto from mass adoption and what will it take: https://www.reddit.com/r/CryptoCurrency/comments/116t7qe/what_are_some_counter_arguments_or_criticisms/j9xd641/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3 (if you care to read about it. If not I understand, it’s a bit too long haha)

Mentions:#BTM#BTC
r/CryptoCurrencySee Comment

Now this does put a smile on my face. I’m coming to the US this fall and I’ll try to get my hands on some of this. This is definitely closer to the purpose of crypto and a great first step. But it is still just the first step. Right off the top of my head, a major problem I see with this is that it is still run by individuals or organisations under the blessing of the government at fixed physical locations so these would be extremely extremely easy to shut down the moment they start to pose any kind of a threat to the government or to the current economic system. All they need is one crime being traced back to one of these and they can be like “playtime is over, you’re grounded. No more of those BTM toys for you.” And also, even if this doesn’t happen, there are still the other age old problems which have stopped adoption thus far like the transaction fees. Notice how I said “transaction fees” and not “low transaction fees”. There are payment methods available right now which let you transact from bank-to-bank for completely free using only the phone number of the person you want to send money to. So, before you bring up the lightning network, let me point out that any transaction fee, small or big, is a HUGE disadvantage and a compromise for the general public. All methods I’ve seen of eliminating transaction fees have compromised on decentralisation but I’d happy to be proven wrong on this. And even after paying the fees, it’s still riskier because you’ll lose everything if you make a mistake and you have no manager or customer service to complain to and try to get it back. The general public does not care enough about decentralisation enough to make such big compromises for it. The only way this happens is if there is some kind of a large scale economic apocalypse that destroys the fiat economic system as we know it and people are forced to rebuild a brand new economic system with decentralisation at its base which is my only scenario for mass adoption, nothing less. Educating people about crypto and decentralisation and having it slowly take over in the current economic system is a pipe dream. Before that happens, the banks will just adjust themselves and get more competitive to keep enticing the general public while governments will keep pushing crypto down with new regulations making it unsustainable for mass adoption.

Mentions:#BTM
r/BitcoinSee Comment

Bitcoin ATMs (BTMs) are a convenient way to purchase bitcoin and other cryptocurrencies, but they often have higher fees than other methods of buying bitcoin. There are several reasons why BTM fees may be higher than other options: Operational costs: BTMs are machines that need to be maintained and operated, which can be expensive. The fees charged by BTMs may include the costs of operating the machines and ensuring that they are in good working order. Location: BTMs are typically located in high-traffic areas, such as malls or airports, which can also increase their operational costs. These costs may be passed on to users in the form of higher fees. Convenience: BTMs offer a quick and convenient way to purchase bitcoin, and the fees charged may reflect this convenience. Regulation: In some cases, BTMs may be subject to additional regulatory requirements, which could also increase their costs and result in higher fees for users. Overall, the high fees charged by BTMs are often a trade-off for the convenience and ease of use that they offer. If you are looking to buy bitcoin at the lowest possible cost, you may want to consider using an online exchange or a peer-to-peer (P2P) marketplace, which may offer lower fees.

Mentions:#BTM
r/CryptoMarketsSee Comment

Although Bitcoin ATMs are located worldwide, the great majority of these are situated in North America with 83% in the US and Canada. Europe is the second most prominent region for BTM access, with 3.8% of the market share; Asia is third with 0.7%; Latin America falls fourth with 0.2%.

Mentions:#BTM
r/CryptoMarketsSee Comment

Map search “BTM”

Mentions:#BTM
r/BitcoinSee Comment

There is no such thing as "privacy coins" in the sense that they are actually private. "Privacy coins" just dont record address in with the transactions. That doesn't mean you didn't leave a paper trail. You still expose your IP address, leave a trail from acquired kyc/aml exchanges, and cannot hide that dollar amount, even when mixed. They can still be traced. Being private online is all about OpSec. You have to think in new ways. You have to air gap your identity from the computer/internet entirely. By far Bitcoin has the best ecosystem for being annonymous. Mostly because of Bisq and lightning. The process as crudly follows:(to get your brain working in the right direction) Use with all interactions: Google voice/proton mail, Jail broke phone, mcdonalds wifi, tor, vpn(paid with non KYC BTC from BTM) Now: BTC ATM $100 for kyc free coin Now Bisq > US Postal Money Order > repeat until you have a big enough stack. Spend, be careful when spending online, you really need to trust this entity.

Mentions:#BTC#BTM#ATM
r/BitcoinSee Comment

At 13% fee, could it just be a money laundering business for the owners? Owner has dirty cash money, buys Bitcoin below the NYC limit with the cash at his ATM, 13% fee goes to his legit BTM business (laundered), rest goes in Bitcoin. After he can sell his BTC using the same technique. Sell BTC below KYC limit, 13% fee laundered, back to cash. With 100$ cash from the beginning, dude has now 75$ cash and 25$ fees into legit business.

Mentions:#ATM#BTM#BTC
r/CryptoCurrencySee Comment

Thank you for explaining friend. 53 GWEI is a fraction of a cent of a $USD. But why are commenters saying that the ATM fees for ethereum will be very large? 2.)How long can one usually wait at a BTM machine, waiting for the payment to confirm without having to use a phone to verify? Is there a max time? -Thanks.

Mentions:#ATM#BTM
r/BitcoinSee Comment

Hello me. I finally managed to get my first when someone set up a BTM in a restaurant, four years after I was first interested. :-(

Mentions:#BTM
r/BitcoinSee Comment

BTMs are owned and operated by private companies. There are hundreds of these BTM companies. CoinFlip, Byte Federal, Athena, CoinCloud, RockitCoin, Shitcoins.club, GetCoins, Cryptobase, Unbank, Bitcoin Depot, Bitbox, BTMmachines, National Bitcoin ATM, Coin Time, Hodlbum, BitcoinX, DigitalMint, Local BTM, Crypto Dispensers, InstaBitATM, FirstCoin, Coinhub, BlockchainBTM, CoinMover, Budget Coinz and Biterminal are some of the bigger BTM companies. There are many others. Some BTMs are one-way machines (you can only buy) Some are BTMs are two-way machines (you can buy or sell) BTMs always charge high fees to buy bitcoin. Some BTMs don't charge high fees to sell bitcoin.

Mentions:#BTM#ATM
r/BitcoinSee Comment

Why do you say that? Because you recently bought some bitcoin from their BTM and you haven't received it yet?

Mentions:#BTM
r/CryptoCurrencySee Comment

I'd say the largest exchanges like Coinbase and FTX are actually the scummiest. How do you think they got that large in the first place? You think SBF went from 10 million NW to 10 billion in 3 years by acting with integrity? Impossible. Having been an OTC trader for like 8 years now I know so many other small exchanges, OTC traders, and BTM operators that are far more trustworthy than those big exchanges that will hide behind their TOS as they steal your money.

Mentions:#FTX#BTM#TOS
r/CryptoCurrencySee Comment

I've only ever used a BTM once - too often are they trying to charge 7% or more above market. Just not worth it.

Mentions:#BTM
r/BitcoinSee Comment

BEST way to acquire bitcoin is to find a job that will pay you in bitcoin (there are websites for this). 2nd best way is to buy it directly from someone for cash (there are websites for this too). 3rd best way is to find a Bitcoin ATM (BTM) – preferably one that doesn’t require you to submit your ID. If all else fails you can buy from an exchange, but don’t leave your Bitcoin on there. Buy yourself a cold wallet and immediately transfer your coins to it.

Mentions:#ATM#BTM
r/BitcoinSee Comment

Just an overpriced BTM but I guess props to JVille… Duuuuvallllll…

Mentions:#BTM
r/BitcoinSee Comment

But I was referring to bitcoin ATM's, not regular ATM's, so there was a need for distinction. Just seemed short than to type out. But now look, you made me type it out anyway. I've seen others around here type BTM as well. Sorry that you didn't like it.

Mentions:#ATM#BTM
r/BitcoinSee Comment

I recently saw a regular ATM at a deli/convenience store that had an option "buy/sell bitcoin" on the screen alongside regular banking options. Blew my mind. I asked the cashier to confirm it worked but he just went "Yah yah yah!" and clearly didn't understand what I said. I tried to test it out and it gave me an error. The spread was huge anyway, as it always is with BTM's. Tried to let the cashier know but once again, he didn't know what I was saying. Was going to add it to bitcoinatmradar but now I won't bother.

Mentions:#ATM#BTM
r/BitcoinSee Comment

tldr; Bitcoin Depot is set to list on the Nasdaq under ticker symbol ‘BTM’ by Q1 2023 through an $855 million SPAC deal. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#BTM#DYOR
r/CryptoCurrencySee Comment

tldr; Atlanta-based Bitcoin Depot has reached an agreement to merge with a special-purpose acquisition company (SPAC) in an $885 million deal in order to go public. Bitcoin Depot will trade on the Nasdaq under the ticker symbol BTM. Founded in 2016, Bitcoin Depot is one of the largest crypto ATM providers in North America, operating over 7,000 kiosk locations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#BTM#ATM#DYOR
r/CryptoCurrencySee Comment

He had to spend all of yesterday doing just that. We sent the phone number along with the receipt of transaction to the police and the BTM people blocked their phone number but I’m assuming that they have the money and likely cashed out quickly

Mentions:#BTM
r/CryptoCurrencySee Comment

He sent cash though a BTM and into someone’s wallet. Is there nothing that can be done to track the people?

Mentions:#BTM
r/CryptoCurrencySee Comment

Yup!!! I think 19k is close to the BTM

Mentions:#BTM
r/BitcoinSee Comment

They charged me ~$150 fee on a $600 transaction... I left a comment warning others about it on a BTM app, and soon after started getting endless foreigner insurance scam calls. Can't prove it was related but it sure seemed like retaliation

Mentions:#BTM
r/BitcoinSee Comment

I’m therefore forking BTC into Bitcoin Mars (BTM). Gonna be big! Send money!

Mentions:#BTC#Mars#BTM
r/BitcoinSee Comment

I remember when Chase did this last year. I told them to figure this shit out or I’m withdrawing any extra money and not looking back. They said I couldn’t buy BTC, I said I’ll withdraw the money using y’all’s atm and drive across the street to the BTM and buy it there.

Mentions:#BTC#BTM
r/BitcoinSee Comment

I like my local BTM

Mentions:#BTM
r/BitcoinSee Comment

Never trust a BTM that also does shitcoins.

Mentions:#BTM
r/CryptoCurrencySee Comment

"unlicensed" ATMs can easily be used to launder cash. I don't KNOW if OP was doing this, but if your on these boards long enough, you will eventually find ATMs that offer deals "too good to be true". Scam would work like this: 1. Take "dirty" drug cash and stock it in BTM 2. Offer "deals" on BTM to entice customers to convert your cash to BTC for you 3. Take BTC and begin a more effective digital laundering

Mentions:#OP#BTM#BTC
r/BitcoinSee Comment

Pretty sure that doing this is a business operation in the eyes of those laundering. The cost to launder is a huge factor, and BTM prices and relatively low KYC free limits stop this type of use. More likely that the laundering party owns the BTM.

Mentions:#BTM
r/BitcoinSee Comment

First, every exchange has a different price, there isn't one "exchange rate" but using your number it's less than 10%, which isn't bad at all for a BTM. The company has huge overhead, so it's not even possible to come down close to what you get with online exchanges, there just isn't enough volume and those kiosks cost a lot of money and tie up cash for a period of time. A pro to using a BTM is often anonymity or immediate ownership. If you need or want one of these and the BTM offers it then the cost may be worth it. I'd like to mention that spread isn't used correctly in your post. A spread is the difference between buy and sell inside the same market. Many BTMs will use an exchange to find a price and alter both buy and sell equally. If the buy is 10% over the sell is 10% under, that actually makes a 20% spread. Not ask BTM operators do this, this one buys BTC for over market rate - and of course still sells it for more. https://btcmaine.com

Mentions:#BTM#BTC
r/CryptoCurrencySee Comment

Bitcoin ATM provider, Bitcoin of America, just announced that Shiba Inu will be the fifth cryptocurrency supported on the ATM (BTM) machines. ![gif](giphy|14ynvxqdwZ4WOc)

Mentions:#ATM#BTM
r/CryptoCurrencySee Comment

some one got scammed in my city and they scammers used bitcoin. The cops took away the BTM machine thinking its the one that did the scam… We have long ways to go… It’s like when people get scammed by western union or banks atms, do the cops take those away? We even have “tech and cybersecurity” and even they don’t know this and the cops and everyone gets paid $$$$$$$$$$$$$ .

Mentions:#BTM
r/BitcoinSee Comment

> So I have no other option. You can buy at many BTM's with just a phone and no age check. If your dad is using etoro you should warn him.

Mentions:#BTM
r/BitcoinSee Comment

Most are buy only but some also do cash withdrawals. This company Nova BTM has almost all machines that do both.

Mentions:#BTM
r/BitcoinSee Comment

Lol, advertising your BTM? 😂

Mentions:#BTM
r/CryptoCurrencySee Comment

Even then, go on a dex. Swap to Monero, something. It’s so blatantly stupid to get crypto seized when these idiots are going to KYC exchanges. Even a BTM would work lmao

Mentions:#BTM
r/BitcoinSee Comment

Travel somewhere that has a BTM

Mentions:#BTM
r/BitcoinSee Comment

The crypto communities around the world has been in a race for the least secure payment system for some time. Paralelni Polis in prague has been accepting a private key as a form of payment on their infamous Android 4.0 based terminals from the beginning. The largest BTM manufacturer in czech republic, General Bytes, has been fully supporting this madness by introducing an NFC capability, so that you can store your private key on a wireless-capable card. Recently, they've encouraged attendees of their conference to put their money in the hosted lndhub instance. Lndhub at that time did not even had a password protection. After seeing this pinnacle of fintech, a member of CZ/SK bitcoin community proceeded to open his lndhub instance for public and lost a bunch of money. Recently, I've came to the conclusion that when people call for freedom from regulations, they usually want to just hurt themselves and people around them, instead of innovate. Guys like this couldn't possibly do more to harm the bitcoin's public perception.

Mentions:#BTM
r/BitcoinSee Comment

Look around the house for USB devices like the Ledger, Trezor, or ColdCard. Check any flash drives or hard drives or SSDs on his computers for wallet software. Look for lists of seemingly random words among his papers (likely hidden), with either 12, 18, 24, or 25 words. If the BTM receipts show a destination address (usually beginning with a 1, 3, or bc1) then look for those addresses with a blockchain explorer to see if the funds are still on them or were moved around -- if they were moved around repeatedly, your father may have been purchasing stuff, whereas if they are still on those addresses he may have been hodling. Unfortunately, if he followed even minimal security procedures, with no last will or other documentation, it's likely that the Bitcoin will never be accessible.

Mentions:#BTM
r/BitcoinSee Comment

You are on about 9 cameras just walking up to an ATM. No it probably doesn't have facial recognition but you are being recorded doing what you're doing. You'd have to research local BTM's to see what info they require. It varies.

Mentions:#ATM#BTM
r/CryptoCurrencySee Comment

For exchanges? Cro is winning for sure. Coins? Ada lost the hype now but they might pick up again. Algorand’s been picking up outdoor advertisements. I see Tezos occasionally now too. Bitcoin? Idk they just put up a BTM and nobody uses it

Mentions:#BTM
r/BitcoinSee Comment

Just a bit of advice. My 15 year old has handed me fiat and asked me to invest in Bitcoin on his behalf. It’s much cheaper to buy from an exchange than a BTM. Convince an adult to buy it for you.

Mentions:#BTM
r/CryptoCurrencySee Comment

you're not wrong, but keep in mind some of my coins listed (AIB, ARG, BCN, BTM, GLT, LEAF, NYC, PTC, SXC, VIA, VTHO, XMY) were merge mined and may only be worth a few bucks. Still would like to take advantage of any opportunities regardless!

r/BitcoinSee Comment

Use Bitcoin to make purchases on the internet. Lots of download sites accept it. Some merchant sites do too. If you buy Bitcoin originally without undergoing identification procedures (KYC) then you can send money anonymously to anyone you want -- random stranger running a website you like, the Taliban, Edward Snowden. No government can block you (yet). Just keep any excess that you didn't spend in a way that continues to be anonymous. Use Bitcoin to travel and avoid currency exchange ripoffs when you travel. Sure, cashing out at a BTM might cost you 10%, but it's possible to find a local who wants to buy and get fair market value, especially if you arrange this ahead of time. Use Bitcoin to avoid financial surveillance by the credit card companies and governments. Helps if you got it anonymously, but even if not, it's at least harder for them to track you than it is for them to track your credit cards. Use Bitcoin to avoid being de-banked by the woke mob if they come after you. Just look at the last couple of years of psychotic assholes on the internet demanding that companies stop providing basic business services to people they decide they hate -- General Michael Flynn and Andrew Torba for two examples. > If it's a hedge against inflation, I'm a fan. If it's a way to avoid supporting banks, I'm a fan. What are some other reasons, and am I correct in thinking those two first points are real?

Mentions:#BTM
r/BitcoinSee Comment

New Black Swan Bitcoin ATM in San Francisco! The Black Swan Bitcoin ATM is located inside of the 2524 Mission #BTM in San Fransisco California. You can buy Bitcoin with cash and receive it instantly at this location using a Bitcoin ATM.

Mentions:#ATM#BTM
r/CryptoCurrencySee Comment

You don’t, throw it in Monero and tell no one. Or just find a BTM and take it out into ol’ smackaroos under $900 to avoid KYC bit by bit

Mentions:#BTM
r/CryptoCurrencySee Comment

Thanks OP. Not interested in BTM, but I am looking forward to another small cap gem review, and I appreciate your work:)

Mentions:#BTM
r/CryptoCurrencySee Comment

Nope, its better to buy on peer 2 peer exchanges, BTM, or [localcryptos.com](https://localcryptos.com) so you can get your BTC without KYC. While it might cost more, it will cost a lot less when you cash out the same way and forget to pay cap gains

Mentions:#BTM#BTC
r/BitcoinSee Comment

I've never seen a BTM that had two-way functionality. Whatever you deposit gets fees subtracted and then whatever value remaining is sent to you as BTC. Even if you find a two-way BTM, it's going to have only one or two denominations of bills that it gives out, most likely $20's and $100's.

Mentions:#BTM#BTC
r/BitcoinSee Comment

I haven't come across a BTM that does that but that would work. Cover cameras.

Mentions:#BTM
r/CryptoCurrencySee Comment

Swiss Rail has been selling it for a while with BTM

Mentions:#BTM
r/BitcoinSee Comment

That may be true, but Athena isn't run by the government. I'm guessing OP used a Chivo wallet with an Athena BTM.

Mentions:#BTM
r/CryptoCurrencySee Comment

The hardest part about running a BTM is figuring out the placement of your next unit.

Mentions:#BTM
r/CryptoCurrencySee Comment

Like obsession with BTM

Mentions:#BTM
r/CryptoCurrencySee Comment

BTM is the abbreviation for Narcotics in German

Mentions:#BTM
r/CryptoCurrencySee Comment

The amount of times you mentioned BTM was overwhelming. Like, seriously.

Mentions:#BTM
r/BitcoinSee Comment

Hey - I know this is an old post, however if you are interested still or if anyone on this thread is, I am a BTM compliance officer and work for a company that does all the regulatory work for you and for a good price. Would love to talk more. ​ Here is the info:[https://www.btmcompliance.com](https://www.btmcompliance.com)

Mentions:#BTM
r/CryptoCurrencySee Comment

tldr; Bitcoin of America recently announced the addition of Ethereum to their Bitcoin ATM machines (BTMs). Bitcoin of America has 1300 BTMs across 31 states and offers Bitcoin and Litecoin options online and at their BTM locations. To find a BTM you can visit their website and enter in your address to find one near you. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#ATM#BTM
r/CryptoCurrencySee Comment

"Bitcoin of America recognized the growing popularity of the cryptocurrency Ethereum and decided it was time to include it in their Bitcoin ATMs. To date, Bitcoin of America has 1300 plus BTMs across 31 states. Bitcoin of America also offers Bitcoin and Litecoin options online and at their BTM locations."

Mentions:#BTM
r/BitcoinSee Comment

Ask u/TerribleD where his full of shit ass found this magic BTM https://www.reddit.com/r/Bitcoin/comments/pid2fs/i_quit_coinbase_and_am_now_buying_from_atms_only/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Mentions:#BTM
r/BitcoinSee Comment

It's not impossible. Simple solution: 1. buy from anyone without KYC: a. buy it from a BTM that doesn't ask for it b. buy it from an individual c. pay someone else to do the KYC for you 2. HODL 3. after the Bitcoin increases in value, sell without KYC: a. to an individual b. spend in a country where it doesn't get taxed, e.g., El Salvador c. use hard-to-trace spending over LN d. use privacy-oriented spending features that may be developed some day Buying with KYC is the default today, but it's entirely possible to obtain Bitcoin with absolutely no one knowing about it. Cashing out through a KYC'ed exchange is what a lot of people do, but it's not mandatory and probably never will be worldwide.

Mentions:#BTM#LN
r/CryptoCurrencySee Comment

I’m confused now have you never heard of a BTM? - there is no coherent argument you are making- we are gonna agree to disagree since you have no cited arguments and just throw jargon and China out here for my entertainment lmfao

Mentions:#BTM
r/CryptoCurrencySee Comment

tldr; Bitcoin ATMs are a way to buy or cash out Bitcoin (BTC) and other cryptocurrencies bypassing the traditional banking system. Buying or cashing out cryptocurrency via a Bitcoin ATM is like withdrawing cash from a regular card. In countries where cryptocurrencies are regulated by law, in order to use the BTM, you may have to pass identification. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#BTC#ATM#BTM
r/CryptoCurrencySee Comment

I've found that you can either buy from a local BTM and then swap from there for onboarding. Alternative to some others. The Cash App now supports BTC in HI they are KYC but once you are setup you can email support to enable your account to purchase BTC. From there I used https://simpleswap.io/ (KYC free) to move BTC to BNB and from there pancakeswap or others to whatever. Fees are decent. Note simple swap took ~ 30 minutes to process the transaction. I got into Safemoon early and still with the project in it's ups and downs.

Mentions:#BTM#BTC#BNB
r/BitcoinSee Comment

You may have accomplished opening up some people’s eyes to “anonymous” BTC purchases if your magic BTM really doesn’t require ID verification but you also lied about what cost that comes at with your ridiculous claims that you paid the same price for BTC that coinbase offers while simultaneously saying “near” the same price in your comments. More like you paid 15% too much But yeah. Total lying karma whore post and you got called out in all the top comments on your BS. Good for you. Maybe you can buy something with your 500 karma. NOICE

Mentions:#BTC#BTM#ID
r/BitcoinSee Comment

“I don’t have to explain the flaws in my post. I found a magic BTM that doesn’t have a 15% markup plus transaction fee. You can’t tell me what to do. Wahhhh I want my mommy”

Mentions:#BTM
r/BitcoinSee Comment

Gotcha. Just if I’m LE or an intel agency, I’m spending resources to monitor BTM, tumblers, localBTC, since that’s where the nefarious activity is likely to be.

Mentions:#BTM
r/BitcoinSee Comment

If the new infrastructure bill passes with the crypto clause, it will effectively close the BTMs as you know it. It will definitely require them to have KYC and better AML protections. Yes, prior transactions stand. But your wallet address is tied to that phone number and a time stamp along with likely video footage of you doing the transaction. So, in the case the gov really wanted to know who bought 0.1 BTC from a certain BTM, they likely can find out. They just don’t care right now. Also, are you keeping up with your privacy after you get your private BTC. Like only checking that wallet from a TOR browser. Not spending any on anything linked you your email/phone/home address? Not transferring from that private wallet to a more used one, etc, etc.

Mentions:#BTC#BTM#TOR
r/BitcoinSee Comment

Lmao you mean lightning Bitcoin? Wtf is a lightning BTM. Lightning Bitcoin is a layer 2 solution. All these ATMS are the fucking same lmao.

Mentions:#BTM
r/BitcoinSee Comment

In the US this is what you do: 1. Buy 99 dollars worth of BTC from BTM. Do not KYC. If it asks for a phone number use a fake one online or Protonmail email. Think. Cover your tracks. Don't leave any papertrail. 2. Buy on Bisq repeatedly with the 99 dollars as escrow until your stack is big to do larger trades. 3. When buying from Bisq always use US postal money order from the post office. PAY WITH THESE IN CASH. This is the only way I know how. But there are still more things you need to think through like the IP address you might be using and what network you are on. THINK. Privacy online is an art. Not a set protocol.

r/CryptoCurrencySee Comment

there's actually many companies offering this services. The one being used in Honduras is a Lamassu BTM. Open source software, for the win. source: I'm the one who set it up in Honduras.

Mentions:#BTM
r/CryptoCurrencySee Comment

Major Bitcoin (BTC) ATM operators in the United States are joining forces to fight illicit activity related to Bitcoin ATMs. Bitcoin ATM operators DigitalMint and Coinsource have launched the Cryptocurrency Compliance Cooperative (CCC), a new association that aims to establish compliance standards for the Bitcoin ATM industry. The new compliance effort has launched with support from major blockchain analytics firms, such as Chainalysis and Elliptic, among its 15 initial members. The CCC is now encouraging participation from cash-based crypto money services businesses, regulators, financial institutions, as well as non-state and law enforcement agencies. The association specifically targets Bitcoin ATMs to ensure Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, as this type of ATMs is often associated with a lack of KYC requirements. “Unfortunately, many BTM operators feel that merely asking for a cell phone number is enough due diligence to absolve them of their mandated KYC requirements,” Coinsource head of compliance Bo Oney said. “Such lax provisions provide a safe haven for bad actors to abuse the machines for nefarious purposes. The CCC is seeking to bolster regulatory requirements for the benefit of all BTM users and operators. This will require input from the most knowledgeable in the industry, all with the goal of making the cash-to-crypto space as safe as possible for consumers,” he added. Seth Sattler, director of compliance for DigitalMint and leading CCC contributor, said that illicit use cases related to the Bitcoin ATM industry are well documented by several law enforcement agencies, including fraud, elder abuse and drug and human trafficking. Related: Global crypto ATM installations have increased by 70% in 2021 “While a small number of Bitcoin ATM operators go above and beyond with KYC and AML protocols, others in the cash-to-crypto industry simply turn a blind eye and are complacent to these bad actors by simply applying the bare minimum customer protections, which in many cases allow for completely anonymous transactions,” Sattler noted. Similar to a traditional ATM, a Bitcoin ATM, or a BTM, is a kiosk allowing users to purchase or sell Bitcoin and other cryptocurrencies by using cash or debit card. According to data by BTM tracking website How Many Bitcoin ATMs, there are currently more than 42,000 BTMs in the United States. In February, the State of New Jersey Commission of Investigation discovered that 75% of the BTM operators in the state allowed certain transactions without requiring the customer to provide any information outside a cell phone number. Last year, an executive from blockchain analytics firm CipherTrace predicted that Bitcoin ATMs would face stricter regulations worldwide, with countries including Canada and Germany already moving to strengthen necessary AML regulations.

Mentions:#BTC#ATM#BTM
r/BitcoinSee Comment

Definitely BTM you don’t need anyone’s help just a phone number and a btc wallet

Mentions:#BTM
r/BitcoinSee Comment

How does a 15 year old kid buy BTC? At a BTM? Or on an exchange?

Mentions:#BTC#BTM
r/BitcoinSee Comment

Easiest possible way is to buy a sketchy homeless dude a six-pack of beer in exchange for him shoving his face and ID card in front of a BTM camera at a gas station. Of course, you'll pay a 10% or so premium on the price.

Mentions:#ID#BTM
r/BitcoinSee Comment

As more BTM’s are rolled out there will be competition and the ones that charge the highest fees won’t be used. I’ll never use one personally unless I’m in a bind in a far away land 😂

Mentions:#BTM
r/CryptoCurrencySee Comment

what's a BTM

Mentions:#BTM
r/BitcoinSee Comment

BTM fees are super high the average fee is around 10% thats why most bitcoiners buy directly from exchanges like Kraken for example fees are much lower there.

Mentions:#BTM
r/BitcoinSee Comment

If your arguing with me, you are saying BTM’s will be the same price or less than exchanges. If you believe that you don’t understand this industry very well.

Mentions:#BTM