Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Atms
by
solomon
on 20/12/2014, 12:27:43 UTC
The problems they encountered in the video are partly the misunderstanding of what a Bitcoin ATM is (not an ATM) and a lack of understanding of some of the features of bitcoin required for it to be useful (Not understanding the miners fee)

A bitcoin vending machine in concept is not a scam. The barriers come from the friction between vending a digital, frictionless asset out into a physical, regulated world.