[2017-11-13] Ever Heard of Bitcoin ATMs? Here Is What You Need to Know

[Vladdirescu87]

Bitcoin has recently surpassed the value of Goldman Sachs Group Inc. and hovers above $100 billion. However, the wider public is yet to be introduced to Bitcoin and cryptocurrencies. Even so, in October 2013, Bitcoin ATMs made their debut at the Bitcoiniac`s kiosk in one of Vancouver’s coffee shops. Today, just four years later, there are more than 8 million Google search results for “Bitcoin ATM near me’’.

But how does a Bitcoin ATM work?

In this guide, we present you with the most important things to know before using a Bitcoin ATM.

https://coinidol.com/ever-heard-of-bitcoin-atms-what-you-need-to-know/

[Lampaster]

It seems to me that ATMs are a relic of the past. All services are offered by the bitcoin ATM is accessible from any computer or smartphone. Don't understand why they are needed. If you change bitcoin to cash that I do not need. I can always get a cash advance from my credit card. I think these ATMs will not receive wide distribution.