Did anyone on here ever use a #bitcoin atm?
I spotted a few of them a while ago but I never used one. Didn’t really get the idea of a Bitcoin atm at thet time too…
Also, is it possible to buy such a machine yourself somehow?
#asknostr
Discussion
They usually require a phone number to “verify” yourself, so that’s a self doxxing right there
Better with anonymous nostr:npub1dllf8wmj6jk83r7chck6madmfgh3fges65ctpe5t6ueujazvvcvsh20tz5
I think ATMs put off a lot because of the high fees but they can be a gateway into bitcoin ownership. As I understand, they’re starting to require a lot of KYC so it might just be better to set yourself up with soft KYD channels (#relai, #pocketbitcoin) in Europe or go no KYC with the likes of #Robosats and #Bisq (learning curve involved) or go full KYC with the likes of Strike etc. All early days though. We also have creative users who follow the V4V model. As for operating an bitcoin ATM that’s beyond my knowledge but I’d expect a degree of gov regulation to head your way.
used them back in the day, but gradually they started introducing KYC, so they kind of destroyed their own value proposition. Coinflip ATM's may still be OK.