Quote from: doomistake on February 20, 2017, 03:05:08 PM

Quote from: Alicia Keys on February 20, 2017, 02:07:28 PM

Bank accepts bitcoin is not the news, there is an intermediate machine which is bitcoin teller machine(ATM in bitcoin, aka BTM), so you can transfer money into check, bitcoin, fiat, bank account balance.

I've never heard of this one, but how come that there would be an ATM machine if there is no bank, I mean, who would supply the money on that certain ATM, right? Correct me if I am wrong. It might be hard if it would be that mere ATM processing and managing bitcoins and fiat on it, maybe there is a "Bank" that is supplying that ATM that you were saying, or a company maybe.

Right now, banks that accepts bitcoin doesn't exist, maybe on the next years there will be some banks that will accept bitcoins, but I don't think that investing bitcoin on the Banks is a good idea, I would prefer storing it on my wallet and wait for its price to go up, to have bigger profits than investing in the banks, if there would be.

It can also be the reverse, you can instead buy bitcoins from an ATM. Here's an actual footage of someone using a bitcoin ATM just so you guys know that this is in fact existing, maybe not in your place though.

Here's another video where someone is using Robocoin. Everybody finds Robocoin as too much work. You should check out the video to see how much the guy needed to do to be able to use it.