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Author Topic: Bitcoin Could Make ATM Skimmers a Thing of the Past  (Read 1690 times)
dompsairs
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September 04, 2014, 05:08:04 PM
 #21

You need to first fix shit like this:

https://www.youtube.com/watch?v=vnm4xFC2xNo

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September 04, 2014, 06:18:10 PM
 #22

... The ATM is one of these positive innovations that are now targeted heavily by malicious technology. There are people using things called “skimmers,” and they’ve become incredibly efficient at stealing banking information over the past decade. If Bitcoin catches a mainstream wave, it could be the answer to this problem.

http://www.cryptocoinsnews.com/news/bitcoin-make-atm-skimmers-thing-past/2014/09/03

Will Bitcoin ATMs become big and be the answer to the Skimmer Problem?
It's not that the normal ATMs and banking sectors doesn't try fro their side to make the system more secure.But the fact is that they are all targeting people to give a sense of easy services but not concerning more on secure side
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September 05, 2014, 05:37:12 AM
 #23

I predict old school muggings will make a comeback in localbitcoin transactions. Or a more likely scenario would be more sophisticated malware through apps if our phones start becoming wallets (which is already a trend being set).
There have been a good number of attempted robberies on LBC. There have been a number of reports of people trying to trick them into giving the release code for the funds to be released.

We could also certainly see an increase of robberies at BTC ATMs by people trying to steal the private key receipt from bitcoin buyers.

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