This is like getting a loved one a dog or cat without them asking first. There’s a story that goes around about Easter that people purchase rabbits as a gift. The rabbits are then discarded by the receiver, who — it turns out — is unable to care for an animal. This is a Bitcoin ATM. It’s basically the dog, cat or rabbit of Bitcoin gifts.
Bitcoin ATMs take knowledge. They need love. The operator is responsible for not only the underlying software that drives the ATM, but, as well, the hardware customers actually use. For instance, a cash dispenser. Many Bitcoin ATMs have those. Do you know how to care for one of these things? They key pad — well, the key pad can break at anytime. And where are you going to keep your ATM? And once you do, what happens if someone decides they want to vandalize it?
And we haven’t even gotten to managing the bitcoins yet.
But, let’s say you’ve got a sophisticated Bitcoin friend with some bitcoins sitting around doing nothing. And they just so happen to have a high-trafficked spot (let’s say, trafficked by those working in/around high risk industries), then by all means, give the gift of cashin’ in.
You can learn more about the different Bitcoin ATM’s at the very informative site, CoinATMRadar.com.
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
More Info: Abuse Guide - 2017.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://news.bitcoin.com/bitcoin-holiday-gift-guide/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit