Post
Topic
Board Speculation
Re: Crypto Atm
by
Lucius
on 10/12/2019, 13:53:31 UTC
~snip~
How easy is to call someone stupid, and not really understand the question OP is asking. It is not about how much crypto ATMs are in the world, and where they are located, but about the very purpose of the same. If we go in the direction that Bitcoin can only be used if we change it to fiat, than this is very bad direction, in fact, we invalidate its true value ourselves.

However crypto ATMs have the function of buying coins, though most are only for sale of crypto. I can agree that this is still the most expensive way to buy/sell because of the high fees, and that there is a major liquidity problem on such devices. I have a few crypto ATMs in my country, but most of time people complain that they could not use them because they were defective, or there were no funds in them.