Reply To: Bitcoin Going Mainstream

Meno: All the first-generation ATMs were “buy-only” but about half of the Bitcoin ATMs in use now offer both buy/sell transactions. When you do a google search for “bitcoin ATM map” for the local area, there should be some type of filter at the bottom of the page which will show those that are buy only versus buy/sell. Depending on which ATM and crypto exchange you are using, some actually dispense cash real time while others have a lag and send you a QR code which you can later use to get your cash. Unfortunately, I expect it will be several years before there is any “standardization” and ability to use “out of network” bitcoin ATMs in the same way you can do today for ATMs not affiliated with your own bank’s network.