Post
Topic
Board Economics
Re: First Bitcoin ATM in Venezuela
by
stompix
on 20/01/2019, 23:46:02 UTC
From what I've seen in the news, when there is a crowd in front of a supermarket usually it takes a few seconds and the rumor that they have stocked with enough to make one portion of kasha to enter a mad max scenario...
Have stocked what, the ATM? There is nothing stored within the ATM related to Bitcoin. It fetches all the data from an external server, so you don't gain anything by trying to break/steal the ATM in the hope to get the Bitcoins inside.

Slight misunderstanding.
The atm is safe, nobody is going to try and steal bolivars when paper is more expensive.

I was saying that a store is not a safe place to be (for you as an individual) when it is restoking and word spreads out that this time they also have food for sale.

It might be old but I doubt things have improved:

Quote
https://www.youtube.com/watch?v=2XsxD1Y7knI
Security forces in Venezuela have arrested at least 400 people ......

Are you sure you would want to go near a store like that during those times?