Post
Topic
Board Bitcoin Discussion
Re: Why the concept of crypto ATMs failed ?
by
Stalker22
on 30/03/2025, 19:41:13 UTC
~
A lunatic could be holding a $5 wrench near the crypto ATM waiting for their next victim.

This is why I may never use a crypto ATM.

Unlike regular ATMs? I dont know, but I dont really see a strong connection between the $5 wrench attack and crypto ATMs specifically. As far as I know, most such ATMs are located in very public places and surrounded by numerous surveillance cameras, just like regular bank ATMs.  Wouldnt a regular ATM be just as appealing a target for someone looking to rob someone after they have withdrawn cash? People are getting cash out of those all the time. So if someone is desperate enough to try a $5 wrench attack, they are probably not going to be too picky about whether their victim just used a crypto ATM or a regular one. Cash is cash.