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Scraped on 14/08/2025, 10:13:29 UTC
If scam victims are withdrawing money from a bank to deposit into a Bitcoin ATM, perhaps more scrutiny should be placed on the bank for allowing the withdrawal.

so, the bank wont give someone their own money on demand??

sounds like something bitcoin can fix!

oh, wait...



look you cant fix stupid
These are like 80 year old ladies withdrawing large amounts in cash, making up some story (e.g. the money is to pay for a home renovation) as they are coached by the scammers.

Sure, they should be given their money in a perfect world, but we do live in a world where financial institutions are required to take steps to protect elderly customers. In any case, if this burden exists, it should not be entirely shifted to a Bitcoin ATM operator.

The real issue here is that any sort of age-related "discrimination" isn't allowed. All you would have to do to solve these problems is just force stricter requirements on elderly people, but that's not acceptable, so instead they'll restrict a 30 year old's ability to use a Bitcoin ATM because 80 year old ladies are getting scammed.
Original archived Re: Bitcoin ATMs Effectively Banned in Maine
Scraped on 14/08/2025, 10:09:10 UTC
If scam victims are withdrawing money from a bank to deposit into a Bitcoin ATM, perhaps more scrutiny should be placed on the bank for allowing the withdrawal.

so, the bank wont give someone their own money on demand??

sounds like something bitcoin can fix!

oh, wait...



look you cant fix stupid
These are like 80 year old ladies withdrawing large amounts in cash, making up some story (e.g. the money is to pay for a home renovation) as they are coached by the scammers.

Sure, they should be given their money in a perfect world, but we do live in a world where financial institutions are required to take steps to protect elderly customers.

The real issue here is that any sort of age-related "discrimination" isn't allowed. All you would have to do to solve these problems is just force stricter requirements on elderly people, but that's not acceptable, so instead they'll restrict a 30 year old's ability to use a Bitcoin ATM because 80 year old ladies are getting scammed.