Quote from: figmentofmyass on September 26, 2018, 11:26:10 PM

Quote from: Harlot on September 26, 2018, 03:22:28 PM

Quote from: ivanpoldark on September 26, 2018, 12:57:24 PM

The ATMs herald a new line of ATMs as another crucial step in cryptos march towards widespread consumer use and accessibility.

I think they have the wrong vision here as Bitcoin atms would definitely only be used by people who already know what Bitcoin is. So if a regular person who is not aware what BTC is will only pass this by in a mall or worst mistaken these machines as a regular atm machine.

the more bitcoin ATMs they pass by, the more curious they might become. these ATMs are like straight up advertisements. i love seeing them in highly-trafficked areas, and i've definitely seen heads turn as people notice one for the first time.

i'm not a huge fan of the fees, so i wouldn't use them myself, but i'm all for increased accessibility and awareness.

I agree. The more people who see Bitcoin-related options around the world competing with traditional means of payment, the greater the chances of adoption. People are smart and it is very easy to find study materials on the internet.

About fees, I believe it will be a matter of competition. But these ATMs could have an arbitration system as well. Sometimes, it might be more profitable for people to come to her and convert fiat to bitcoin. Such a system with information available online could reduce even fiat replacement costs.