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.
However, there is a downside. They will need more security. We have heard stories of criminals stealing Bitcoin ATMs. There is also a risk that criminals might follow people home after using the ATM to try and steal their Bitcoin.
https://www.instagram.com/vvoyagevirtual/p/DFrK4mpRI3x/Do you think that this is a smart move or security concern?
Well, I think Bitcoin is not mandatory for payment at their stores and there are still other means of payment available there, the only incorporated another payment option which is by Bitcoin, the fees are high, so I believe it's only someone making a relatively bulky purchase that would use it.
Is not even economical to use when you have little purchases, so if anybody does not feel secured or comfortable or feel that it's not economical using it considering the quantity of retail commodity purchased , they can go for other options available that's cheaper and less risky.
The technological advancement is a good one.