Replying to Avatar DaddyJones

Wow what a shame of course there would be compliance requirements…
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macrominutes 2y ago

You also have to factor in the reality of maintaining bitcoin ATMs has real world cost that will always be added into what they charge you.

Even if you assume no regulatory burden it would still be more costly to get btc from a bitcoin ATM than other methods

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plebiANON 2y ago

Definitely a high CapEx business, but so are regular ATM companies. The lack of adoption of BTC so far, and therefore lack of machine use, compliance costs, and the ability to get BTC online make it very difficult to be successful without exorbitant fees.