Just tried to buy bitcoin at an ATM provided by CoinCloud.
The owner said they went bankrupt.
Bitcoin will humble anyone & everyone.
Discussion
Bitcoin ATMs are a pretty fundamentally flawed business model. A digital money doesn’t need physical locations to purchase third party vouchers for it 🤣
I've used one like once ever. They might be nice for more physical cash based societies.
But if your business model is about capturing absurd spreads or charging absurd fees for a hodl money, then you're going yo have a bad time.