Post
Topic
Board Bitcoin Discussion
Re: A Smart Move or a Security Risk?
by
NewRanger
on 10/02/2025, 12:06:42 UTC
I disagree with your logic - people go out and buy expensive things with traceable money. Virtually no one in this day and age uses cash and if they do hold cash, it is unlikely that it's much. When someone uses a bitcoin ATM, it's confirmed that the person has bitcoin, and that the wallet they're using might have more value than the cash being withdrawn. Not sure why you aren't able to comprehend that point, especially given that a google search can prove that this logic has clearly been applied from multiple events in history.

Very logical. Let's say the rest after the withdrawal is only 1 BTC, if someone has bad intentions after being monitored, it can be fatal for the owner, especially if the ATM informs the remaining funds in our account balance like other fiat ATMs. Because the ones queuing behind could be several people.