Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM in a gas station
by
cheezcarls
on 09/08/2021, 11:30:33 UTC
The use of bitcoin ATM is becoming more and more popular in the cities and the latest is a bitcoin ATM installed in a gas station in the Montana and delis, having a bitcoin ATM in a gas station is another milestone for the entire usage of bitcoin what I can tell is if one can pay for gas using bitcoin in the station but the fact is bitcoin is gaining widespread adoption. What are your takes on this new development.
 Read the full details here.
https://www.reuters.com/article/us-usa-crypto-currencies-atms-idUSKBN2B714L?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook

Before the pandemic, I have seen Bitcoin ATMs mostly inside the malls in Singapore, Hong Kong, Taiwan, etc. Here in the Philippines, there’s one active ATM that is under regulation by the central bank, which is Unionbank’s crypto ATM. However, I’ve never encountered any Bitcoin ATM near the gas station.

Although it’s a good thing that the Bitcoin ATM was deployed in a gas station, but the real question is if they are regulated and licensed to operate there.