Would a Bitcoin ATM be an ATM or a Vending Machine?

[fwho]

I think it would be a vending machine.

[1715627980]

1715627980

[1715627980]

1715627980

[1715627980]

1715627980

[Matthew N. Wright]

I think it would be a vending machine.

Probably could be argued as that, but it would still be trading stored values and be subject to FinCEN regulation if that's what you're getting at.

[thefiniteidea]

It would be an MSB 

[fwho]

I think it would be a vending machine.

Probably could be argued as that, but it would still be trading stored values and be subject to FinCEN regulation if that's what you're getting at.

Wasnt really trying to go anywhere. Just a random off topic question.

[benjamindees]

Matthew, Bitcoin is not "stored value" because it isn't backed by anything.

[Matthew N. Wright]

Matthew, Bitcoin is not "stored value" because it isn't backed by anything.

I meant values in a programmatic integral sense. Variable = value.

[Matthew N. Wright]

^^ The above post was a joke, but I clicked submit accidentally and forgot I can't edit my own posts anymore. Thanks Obama.

[Phinnaeus Gage]

^^ The above post was a joke, but I clicked submit accidentally and forgot I can't edit my own posts anymore. Thanks Obama.

Did I just learnt that a person tagged can't edit their posts?

[Littleshop]

I think it would be a vending machine.

Could be either. 

Vending machine as in drop in $20 and get a code worth $20 of BTC.  Or when price is more stable drop in $20 and get a private key with about $20 of btc.

As an ATM you are doing something more interactive such as both buying and selling.  You could give the ATM machine a code via QR to send BTC too.  Both models could work each with advantages.