Grocery Stores In U.S Set To Install Bitcoin ATM

[Asiska02]

New Bitcoin ATMs are set to be installed in 59 Latino grocery stores around the United States.



A bitcoin ATM is used to purchase and trade cryptocurrencies like bitcoin using cash. More than 10,000 bitcoin machines have been placed in various locations around the US since it first became available in 2015.
As its operation will appear safe and the same as using a regular ATM that they have been accustomed to for years, it looks more convenient and pleasant to be used with those who are new to cryptocurrencies.

The Bitcoin ATM brings a number of benefits to your company, including:
1. Standing out from other companies in terms of market competition
2. Increase revenue generation
3. Create space for more clients
4. Possibilities for marketing
5. Continuing the current financial vogue.

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[Wiwo]

I have been an advocate of Bitcoin ATMs over time but the major recent challenges in using Bitcoin ATMs are the fees charged on transactions and the need for identity verification before usage. This has been a major setback for most Bitcoin enthusiast who does not find it appealing to use Bitcoin ATMs under those conditions.

[edgycorner]

Roger ver installed a few bitcoin cash ATMs in the Caribbean too. I know how this forum feels about roger Ver, but that was a smart step. Bitcoin ATMs provide a convenient and user-friendly way for people to buy and sell cryptocurrencies. This can help shops to stand out from their competitors and attract new clients as well.
Additionally, the current financial vogue for cryptocurrencies means that Bitcoin ATMs can help these shops to generate additional revenue. By shops I mean companies that will install these ATMs(it only makes sense to install these ATMs at public places where people are in need of cash)

[Davidvictorson]

Good thing for the stores. A step towards mass adoption. However, I don't think that those who are concerned about privacy would want to use these bitcoin ATMs for purchasing Bitcoin. Because from what I understand, KYC will be required. What is the difference between these bitcoin ATMs and centralized exchanges like Binance and Coinbase. Secondly, how are the fees? I heard it's quite high and that it differs from one bitcoin atm to another.

[dansus021]

Bitcoin crypto card is really needed the company like binance and other who work with VISA also great. it would be great again if the atm also accept other cryptocurrency i saw in the tweet "Shiba INU  " those memecoin really get the hype right.

[coinerer]

Bitcoin crypto card is really needed the company like binance and other who work with VISA also great. it would be great again if the atm also accept other cryptocurrency i saw in the tweet "Shiba INU  " those memecoin really get the hype right.

I think it will not start yet. Bitcoin is a popular cryptocurrency and it is father of all crypto coin and must of country accept btc now that's why it is possible to set ATM for Bitcoin only it is not possible yet to set ATM for others coins like shiba inu

[stompix]

New Bitcoin ATMs are set to be installed in 59 Latino grocery stores

The guys from watcher guru as pretty lazy with those tweets, would it have been that hard to mention the actual name of the stores?
https://www.benzinga.com/pressreleases/22/06/g27811230/coin-cloud-brings-always-fresh-always-authentic-digital-currency-machines-dcms-to-cardenas-markets

I wonder why a lot of crypto news blogs are focusing on Shiba Inu, the press release says:

Operating 59 stores in three states, including California, Arizona and Nevada, Cardenas Markets' customers will have access to Coin Cloud's DCMs to buy and sell Bitcoin, Ethereum and over 40 other digital currencies with cash.

so Shiba Inu is in "others". How much are some of those guys getting paid to pump these tokens?

Roger ver installed a few bitcoin cash ATMs in the Caribbean too. I know how this forum feels about roger Ver, but that was a smart step. Bitcoin ATMs provide a convenient and user-friendly way for people to buy and sell cryptocurrencies.

Roger Ver is a sorry piece of %$%# and he is not doing anything for BTC , I wouldn't be surprised if his ATMs would sell you fake bitcoins (BCH) instead of BTC.
LE: Just as I was saying
https://beincrypto.com/roger-ver-unveils-ambiguous-very-first-bitcoin-cash-only-atm/

[GreatArkansas]

My mode went down after reading the "Shiba Inu", lol.
It seems an advertisement for this shitcoin, using Bitcoin for their own benefits.

Overall, having these Bitcoin ATMs could also be a big win for the Bitcoin community, it will lead to an increase in adoption and people will become curious about what Bitcoin is and they will start using it.

[passwordnow]

My mode went down after reading the "Shiba Inu", lol.

Yeah, much love for Shiba. 
But let's take it positively that there have been more Bitcoin ATMs installed in many places. It's not just in the US but hopefully, it will spread like wildfire to its nearby countries.
And eventually, we'll see it on almost every country even they're few except those countries that don't like cryptocurrencies and has imposed a ban on it.

[yhiaali3]

The main problem with ATMs is KYC, many people prefer to maintain their privacy and anonymity when exchanging cryptocurrencies, so the P2P option remains the best option in such cases, but of course ATMs are a civilized phenomenon that is required and loved by many.
What caught my attention is the image taken from Twitter, where it says:
"Only with Bitcoin and Shiba Inu"
this is unbelievable!!! How can Bitcoin and Shiba be combined??!!! Can't even compare, Shiba Shitcoin is very volatile so I don't know how it is accepted at the ATM with Bitcoin.

[mk4]

Screw bitcoin ATMs; there are so much ways to buy bitcoin already in the US. What we need is more ways to use bitcoin for payments through brick and mortar stores. (Square/Block is doing really good in this front imo.)

Still good news tho nonetheless.

[bittraffic]

Shiba Inu is really big that its among the top 20 for a long time even in this bear market. But why are they just installing in the Latino grocery stores?

Next bull market could be another all time high for it.They didn't swap people to buy these shitcoin after all the AMTs also has BTC available on it. There may still people buying Shib when its price starts going up.

[ImThour]

I would like to say that Shiba Inu is a dead project like Dogecoin, anyone putting up their money in these stupid projects is actually shoving their own grave.

This is the time of the market when you can buy great projects at cheap and people are still buying shitcoins to get that x10 in a month.

Some people don't understand anything without losing all of it.

[DapanasFruit]

This is good news for Bitcoin though I am just hoping that there can be more and more patrons to be using these ATMs because at the end of the day if those machines will never be making some good money for operators then they will slowly be withdrawn from the market. Here in my own country, I still have to see a number of these machines and it can be because there is no market for it right now.

[KaliLinux]

Good thing for the stores. A step towards mass adoption. However, I don't think that those who are concerned about privacy would want to use these bitcoin ATMs for purchasing Bitcoin. Because from what I understand, KYC will be required. What is the difference between these bitcoin ATMs and centralized exchanges like Binance and Coinbase. Secondly, how are the fees? I heard it's quite high and that it differs from one bitcoin atm to another.

Quite frankly, I don't know when something like a Bitcoin ATM will surface around my region but thinking about this issue of KYC before being able to use one of these machines, Does it mean you have to also feed in your Docs. into these ATMs along with other needed info as we would attach DOCs to CEXs before being able to transact? how easy would this be? I mean in terms of the Docs.   

[hZti]

It is very good that there is more and more adoption not only in the US but all over the world with Bitcoin ATMs, since only the visibility in the public space brings a lot of new bitcoin holders in the future. To me the most important part is on how many % of fee the ATM charge. The ATM I know charge 8-10% and thats simply to much for a larger investment. Also there is many times a lot of KYC involved so you could for the same effort simply use an exchange.

Why they include shiba inu is something that only they can understand 

[Ahli38]

today I read a lot of good news related to bitcoin and of course it adds to my optimism in holding bitcoin.
I'm one of those people who are curious to try a bitcoin ATM. since i heard in el salvador. I really want to try it and feel the sensation. I'm even looking for ways to use it.
such as the following.

how to buy atm in bitcoin
1. Set up an account with an ATM operator.
at this step you are required to create an ATM operator account before you can use the ATM machine. usually just by opening the id card or sim. quite easy steps.

2. Enter the required wallet information.
at this step you will be asked to enter your wallet information at the ATM, either via a QR code or an alphanumeric key.

3. Enter cash.
you just need to enter the cash you want to convert into bitcoin. The amount of money you enter and the amount of Bitcoin you will receive as an imbalance will be shown on the screen.
Your Bitcoin wallet address and the amount to be sent will also appear.

4. Confirmation of purchase.
Confirm your purchase details and hit the submit button. Once confirmed then the machine will issue the amount of Bitcoin that corresponds to your wallet. and it worked.

these are the steps i read. please correct by people who have tried it. because I haven't tried it myself.

[cheezcarls]

It’s simply means that mass adoption of Bitcoin ATMs can’t be stopped. Although that US is one of the strictest in regulating and taxing cryptocurrency transactions, but I’m just glad that they are allowing Bitcoin ATMs to be installed. Unlike in the United Kingdom, they are calling Bitcoit ATM owners to cease operations in their country. Right here in the Philippines, although that there’s not much Bitcoin ATMs here, but I bet that one day I envisioned that there will be many of them in the coming years.

[Yaunfitda]

Click bait for Shiba  and then doing #Bitcoin, Lol.

Anyhow, as others have said, this could be closer to adoption if we will see a boom of Bitcoin ATM across the globe. Actually the numbers are really increasing but it seems though that people are not aware of it. And then the downside, it's pretty expensive, the fees with you do transaction and this is the only reason why even bitcoin enthusiast are not using it that much.

[lornadane]

Click bait for Shiba  and then doing #Bitcoin, Lol.

Anyhow, as others have said, this could be closer to adoption if we will see a boom of Bitcoin ATM across the globe. Actually the numbers are really increasing but it seems though that people are not aware of it. And then the downside, it's pretty expensive, the fees with you do transaction and this is the only reason why even bitcoin enthusiast are not using it that much.

When people see the heavy side of the transaction fee, of course they will think again about using it, right?
But this is something new that is surprising if it is true that there is an explosion of bitcoin ATMs around the world, of course, there will be even more stringent regulations in using bitcoin in the future.