Ok so ive worked at this club for 1.25 yrs and everyone thinks this is an atm but its for #bitcoin. So how does this thing work what does it do ? https://video.nostr.build/b4749dde3ca10256f1961d3dcb1732ba5d0aad3ff60cc97ed242624314d7df11.mp4 #atm #bitcoin #information #teachablemoment
If it's a Bitcoin ATM, usually they're used to buy and sell with a pretty heavy markup above spot price.
Bitcoin ATMs used to be a decent way of getting non-KYC Bitcoin. But now most ATMs ask for your ID and personal information. Even if you're buying under a thousand dollars.
So you use cash to buybutcoin ? Or it takes your bitcoin and distributes fiat ?
