RE: I tried out my local Bitcoin ATM

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I tried out my local Bitcoin ATM

in bitcoin •  8 years ago 

These look really great and they're only $6,000. I wanted to get one for my city but compliance costs take the start up costs from ~$30,000.00 to $100,000.00!

If that was an option I'd just buy more bitcoin. Haha state of new mexico

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8 years ago by

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      ·  8 years ago 

    Yikes, that's awful! ATM operators don't have any of that stuff to contend with in Canada. Buy your machine, find a location, pay taxes on your revenues from fees. ATMs don't have any limits other than the amount of bitcoin/cash currently in the machine.

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