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.
No. There are no bitcoin notes, though there have been coins minted in the past as collector's item. You don't withdraw bitcoins from these ATMs, you basically exchange your fiat through them. Bitcoin ATMs are usually cash-in only but I read there are two-way ATMs out there.