Yeah, yes we do, but we need to stop the ID scan and all that fucking orwelian looking shit. We need to do it anonymous FFS, otherwise it defeats the point. Look at this shit:
https://www.youtube.com/watch?v=vnm4xFC2xNoWe need to
avoid this shit ASAP. We need to make it simple. Put FIAT into machine, Bitcoin gets transported in your wallet, period! We need to hire people as security to avoid people robbing you and what not and that's about it. No one is going to want to scan their ID's and creepy shit like that.
BTC ATMs needs to scan your identification to comply with AML/KYC requirements. If they did not do this then the ATMs would likely get shut down and the owners/operators would likely get charged with money laundering.
I think scanning ID will add somewhat level of legitimacy to both bitcoin and bitcoin ATMs.
Depending on your Jurisdiction, it may be possible to have low-volume ATMs (less than $1000/day) avoiding any reporting requirements. I looked into this a bit yesterday and document my results
in this post. While $1000/day may not be much, if every business has one, it should be possible to find one not maxed out.
Either I missed something, or the US regulations seem to more clearly allow it than the Canadian ones.
