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?
If I hear him as a "Bitcoin ATM" it sounds good, but once you are the one making the transaction at the ATM to en-cash fiat through bitcoin, it is no longer good because as far as I know the fee that is deducted is actually high.
Also, it is a bit high risk in my opinion, there are still other things we are used to doing in transferring our profit from bitcoin or cryptocurrency to our fiat through p2p.