Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin ever exist in currency notes?
by
TheCoinGrabber
on 02/03/2019, 11:36:12 UTC
It might interest you to note that the bitcoin policy has been accepted and implemented by some banks. Not long ago, I read a post on this platform which stressed on the facts that there are bitcoin ATMs in some parts of the Europe and United States.

The question is " how will these ATMs  operate?" Will customers withdraw money in the form of Bitcoin notes or fiat??? Please share your views on this topic. I need clarifications.

As many here has pointed out, bitcoin atms don't work that way. You put fiat in them and you get bitcoin sent to your wallet. Granted I've not seen one in my country but I believe you can't cash out with them. And that's not needed, certain banks allows you to cashout your BTC as fiat.

Now regarding bitcoin "notes", that kinda defeats the purpose.