So, saw this #btc #atm the other day at the mall. Comes with a warnin ...

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(Edited)

So, saw this #btc #atm the other day at the mall.

Comes with a warning to never use it if someone asks you to pay in #crypto, which includes #government agents, etc.



Posted via D.Buzz



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22 comments
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Dang I kind of want to read the full disclaimer but it's too blurry. Sounds weird tho

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It says:

If someone has asked or forced you to use this bitcoin ATM to send them cash - please STOP.
This is a scam and your money will be lost.

No official authority will ask you to pay through a bitcoin ATM. This includes, IRS, Police, SSN Department, immigration, Utility, or Collections company

It goes ahead listing examples such as sweetheart scams, oil rig equipment, Craigslist deals, etc.

And the final red line:

Crypto transfers are irreversible. Once it's gone, it's gone.

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Oh that makes sense now. I was thinking they were referring to anyone to include private individuals that just so happened to have a preference for payment. I think must criminals with half a brain cell would probably use something like Monero anyway.

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XMR is not mainstream enough to fool normies with.

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Oil rig equipment? I'm interested what kind of great scam that is :D

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Lol, I have no idea. I know there are refineries around here, but it seemed oddly specific.

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They sometimes charge A LOT of external fees.

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I have never used one myself, but that's what I've read from many people's experiences.

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I've seen some with 50/50 payout and fees, a real honeypot type of machine.

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hah 50% fee lol $120,000 for a 59K bitcoin yeah ive seen that.

people just have @cashapp cards now and @cryptocom cards

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I wouldn't be caught dead using one of these, but always like seeing them out and about.

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I wouldn't use them either. But, it's cool seeing them about.

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(Edited)

The problem with these is transaction fees on BTC are so high now that unless you are doing thousands of dollars a purchase it's just not worth it. I was a bitcoin maximalist for a long time. I still think it's great as a secure, settlement layer, but for transactions under $1000 it's not worth it anymore. Lightning is stupid, saying this as someone who ran a lightning node.

Good, edgy marketing they got going though.

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I wouldn't want to show people that I'm spending big on BTC in public anyways.

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I would rather use my wallet tho.

But it's nice to have them up and about

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They are like signs that show how crypto are becoming more acceptable.

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I totally agree

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yueah comes with a scam warning lol i saw that warning on the oen at thge gas station todl to buy one then they got one lol so funny im a walking talking crypto ad over the last 5 years lol everyoen comes up to me liek liek 'HEY U WERE RIGHT ABOUT THAT CRYPTO BOUGHT A HOUSE WITH UIT" lol san diego and la need to just have hive uysers buy real estate single family multi home or whatever and buildinsg and just start accepting hive as rent make poepl live stream IRl for donations on vimm and entertain us in giant trailer parks on hive, with people all making money live streaming on vimm

it will work

we dont need bitcoin atms we just need some fuckin edenos face scan style shit

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