Post
Topic
Board Bitcoin Discussion
Re: Have you, or would you ever use a Bitcoin ATM?
by
SmallDoggy
on 05/04/2022, 16:33:02 UTC
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?

Found some similar threads in the past.


Personally, I have used one, but the fees is expensive as per discussions on the threads above. I'm not sure if this is viable as a gift though, you might want to look at Opendime: https://opendime.com/

Thank you for the link to those posts. I didn't expect that so many people have never even seen one IRL. I just took it for granted, like it would be a common thing. But most people writing in these threads have never seen one...and it makes me wonder about a few things now. Especially someone mentioning a camera would be recording (because someone mentioned it was "anonymous") ...it's certainly interesting to hear the experiences of people who have used one.
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Regarding opendime, that is an interesting option. At about $20 a device it would make sense on a 100+ gift, especially if they reuse it or re-gift it.