Having a Bitcoin ATM in every store branch sounds like a smart business move. It shows that the company understands Bitcoin is becoming more popular and will be used for everyday purchases, just like regular money. I am talking about Costco. The news says they are putting Bitcoin ATMs in all their stores across the USA.
The biggest benefit is that it will increase their revenue.
USA has already taken the bold move to make Bitcoin a user friendly asset in the country, and this will in turn make businesses want to venture into it more in order to increase their sales and the government will also benefit in revenue generation. The market is very saturated and this are other means business can employ to also be part of this bitcoin trail.
I have not read stories of Bitcoin ATMs being hijacked. How exactly will they benefit from doing that since the machine is not like a cash ATM where things are stored inside unless they will somehow tamper with the program in order to steal from the machine without making an actual payment, or is their target the cash buyers who use it to buy bitcoin?
I don’t think anything can be stolen from the Bitcoin ATM, like stealing from someone through the Bitcoin ATM machine that have interacted with the machine before. If a case of stolen Bitcoin ATM machine is the concern, then it will only be for the purpose of selling the parts of the machine and not the people’s money that have used the machine before. Bitcoin is very decentralized and a machine like that won’t be able to even store people’s date that can be tempered with by an external body after use.