Bitcoin Forum
March 05, 2026, 02:34:35 AM *
News: Latest Bitcoin Core release: 30.2 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin related question... how will ATM's work exactly?  (Read 625 times)
notig (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
April 11, 2013, 06:38:31 AM
 #1

Here is what I mean.... when you use an ATM will it be connected through internet to an exchange that will allow you to buy bitcoins at whatever the current price is? Or will they simply be "stocked" with bitcoins and the stocker of the bitcoins absorbs the risk for selling them through the ATM?

if it is done wirelessly, in that way won't an ATM basically be a "node" of sorts for an exchange where their balance of money in dollars would now essentially be stored remotely at ATM's as well as however they centrally store it now?

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!