Chinese gold deposit ATM accepts jewelry, melts the gold, determines purity, and sends funds to a bank account.

https://video.twimg.com/amplify_video/1914333537567645696/vid/avc1/320x568/m6rAqM811fs4E1np.mp4

The Chinese know hardware, counterfeit products, and verification.

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“a 40-gram gold chain fetched 785 yuan (around Rs 9,200) per gram. The total payout? Over 36,000 yuan, or Rs 4.2 lakh, credited to the seller's account in half an hour”

https://x.com/Cointelegraph/status/1914333563501084864

Pretty clever way to get people to voluntarily turn in their gold 😆

Oof