Elwar (OP)
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Viva Ut Vivas
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January 15, 2014, 10:26:15 AM |
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The term Automatic Teller Machine (ATM) has connotations that come with it that could be avoided if we just avoid using that term.
How many Coke ATMs have run into regulation difficulty? When getting tokens out of a token ATM did you need to have your hand scanned?
There is even a gold dispenser. No regulations necessary.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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bitpop
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January 15, 2014, 01:02:19 PM |
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So dispenser or vending?
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gortonc
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January 15, 2014, 01:17:55 PM |
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Either one--the point is to avoid the term ATM.
BTW I agree with OP. A teller is a functionary of a bank, and banks warrant regulation. As long as you are not "changing" money, or dispensing fiat there should be no need for regulation beyond that required for candy machines.
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bitpop
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January 15, 2014, 01:30:43 PM |
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Automatic Bitcoin machine
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greyhawk
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January 15, 2014, 01:49:06 PM |
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So, BTC is a commodity? Got it.
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phillipsjk
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Let the chips fall where they may.
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January 15, 2014, 05:48:24 PM |
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Automatic Bitcoin machine
ABM: which sometimes stands for Automatic Banking Machine were I live. |
James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE 0A2F B3DE 81FF 7B9D 5160 |
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mgio
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January 15, 2014, 05:53:32 PM |
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The term Automatic Teller Machine (ATM) has connotations that come with it that could be avoided if we just avoid using that term.
How many Coke ATMs have run into regulation difficulty? When getting tokens out of a token ATM did you need to have your hand scanned?
There is even a gold dispenser. No regulations necessary.
Except there are regulations necessary! A bitcoin ATM is a money transmitter and needs to be licensed appropriately as such. There is no getting around this by simply calling it a "bitcoin dispenser" or something. Changing the name doesn't change what it does. |
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guybrushthreepwood
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January 15, 2014, 05:54:07 PM |
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The term Automatic Teller Machine (ATM) has connotations that come with it that could be avoided if we just avoid using that term.
Sexual connotations... like Ass to Mouth  . Automatic Bitcoin machine
ABM: which sometimes stands for Automatic Banking Machine were I live. ABM stands for Atmospheric Black Metal where I live  . |
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retrend
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January 15, 2014, 05:54:40 PM |
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How is it a money transmitter if it sells bitcoins?
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Lethn
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January 15, 2014, 06:26:12 PM |
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Bitcoin Transfer Device ( BTD ) or more accurately, Bitcoin Exchange Device ( BED ) |
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Kenshin
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January 15, 2014, 06:30:35 PM |
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So dispenser or vending?
So the Bitcoin Box Thingy? |
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Thom
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Be kind man, don't be mankind
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January 15, 2014, 06:33:22 PM |
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Bitcoin Bucket.
as in: "I'm just going up the road to use the bitcoin bucket"
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franky1
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January 15, 2014, 07:02:11 PM |
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crypto -cashier
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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SirBitsalot
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January 15, 2014, 10:27:51 PM |
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People using the wrong technical terms for things is nothing new... I think when people say "Bitcoin ATM", we all know what they're referring to even though it may not be technically correct.
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SirBitsalot
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January 15, 2014, 10:29:18 PM |
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Bitcoin Bucket.
as in: "I'm just going up the road to use the bitcoin bucket"
LOL! Sounds pretty catchy... I could see Bitcoin ATM's being referred to as something like a "bucket". BM - Bitcoin Manager |
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p2pbucks
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January 16, 2014, 12:32:43 AM |
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why boycott ATM ？ Dont give a fck on FinCEN , btc need to be popularized first
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