Post
Topic
Board Economics
Re: First Bitcoin ATM in Venezuela
by
Tstar
on 20/01/2019, 13:41:14 UTC
A friend of mine living there told me that it's not the safest way to operate publicly with coins.

Not the safest way in what manner? That ill minded individuals wait for people to buy Bitcoin through an ATM and then steal their private key that's printed in form of a paper receipt?

I'm sure that every Bitcoin ATM is placed in a crowded location where it is clearly visible to have people's attention for marketing and safety purposes. It's even happening with legacy ATM's that they are built into super markets or other buildings where there is a constant inflow/outflow of crowd.

I am a supporter of every fiat entry point, and this is one more that we can add to the list. Let's hope that pro maduro camps won't attempt to get rid of them. More support for Bitcoin means less potential support for their shitty Petro scam coin.

Seems you've never been in a country with attitude and problems like Venezuela.

Yes, the ATM is on crowded place but if you think that could save you from robbery or beating the sh*t out of you and rob you, you are in big mistake. Still its good to have more support for bitcoin and every other alternative.