http://www.coindesk.com/bitcoin-atms-gray-areas/?utm_source=feedburner&utm_medium=feed&
...
Thought this might go a long with the chat here,took out the garbage about drugs and made up stories by the writer.
...
Thought this might go a long with the chat here,took out the garbage about drugs and made up stories by the writer.
That was the best part tho
Bitcoin Helps The Really, Really Ill
Yet the $10,000 monthly BTC limit remains a stumbling block for the critically ill sufferers who routinely smoke $10,000 of life-saving weed per week.
http://www.coindesk.com/bitcoin-atms-gray-areas/
"Bitcoin seems just as popular as a payment method for marijuana purchases in Colorado. According to an associate at a dispensary in Colorado Springs, a city that only allows medical marijuana sales, one customer comes in weekly and purchases marijuana using bitcoin.
Another sales associate was unclear what merchant processor the dispensary uses to accept the bitcoin payments, but she said that theres a $10,000 limit for bitcoin transactions per month.
Notably, she said the customer routinely spends this amount in a given week."
One could only hope ObamaCare covers the $40,000 per months
Yet the $10,000 monthly BTC limit remains a stumbling block for the critically ill sufferers who routinely smoke $10,000 of life-saving weed per week.
http://www.coindesk.com/bitcoin-atms-gray-areas/
"Bitcoin seems just as popular as a payment method for marijuana purchases in Colorado. According to an associate at a dispensary in Colorado Springs, a city that only allows medical marijuana sales, one customer comes in weekly and purchases marijuana using bitcoin.
Another sales associate was unclear what merchant processor the dispensary uses to accept the bitcoin payments, but she said that theres a $10,000 limit for bitcoin transactions per month.
Notably, she said the customer routinely spends this amount in a given week."
One could only hope ObamaCare covers the $40,000 per months
Edit: But the reason bitcoin ATMs aren't more common is a chicken/egg problem. The rates are outrageously high (https://www.reddit.com/r/Bitcoin/comments/4mmlpq/travelers_in_vietnam_can_now_use_a_bitcoin_atm_in/d3wt15c, I think OP runs this site https://coinatmradar.com/), and the rates need to be high because not too many people use the ATMs.