Quote from: DevelopmentBank on October 27, 2017, 01:47:46 AM

My friends and I are considering building bitcoin ATMs. We're still doing the necessary research and planning and we've been looking at existing ATMs like Lamassu. Based on what they've been reporting online (and other sources), it seems to be a pretty profitable business.

We understand that there are lots of regulations involved depending on the country of residence, but we are considering just building and selling the machines, not operating them. Off the bat, are there any other important considerations we should know? Red flags? Any feedback will be appreciated.

Back in 2013 we had a team and we tried to do excactly what you are thinking now.
Software for ATM and so on, we played with amny of them around and even designed our own - where we failed?

Back this time there was no ICOS and we sepend lots of our own bitcoins/money to research - results :-D, you need to really look out the box, if its profitable business today will it be when you are ready. Some mobile DEX maybe will be much better way to solve the problem you think to do - cheers.

ztalker

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