Topic: do bitcoin ATMs really suck this much? - page 7. (Read 6500 times)
Looks stupid so much hassle to actually buy it from that ATM I'm not sure that all ATM's require all the information from you though.
https://m.youtube.com/watch?v=vnm4xFC2xNo
so you have to scan your hand four times, and give them your id...and your phone number...and still pay only with cash? da fuq.
so you have to scan your hand four times, and give them your id...and your phone number...and still pay only with cash? da fuq.
It is very strange. You don't need to do any of those things to buy a soft drink from a vending machine so the same should be true for bitcoins. Are they worried about counterfeit bills or something? I can understand why an ATM might demand ID if payment was done via reversible means or if there was the possibility of card fraud but otherwise, they shouldn't ask for ID, hand scan, photo, phone number, etc.
That being said, once you have the bitcoins in your possession, it should be easy to destroy the link between your ID and your BTC by sending them to a mixing service, right? Or just depositing them in an exchange might do the trick.
This video highlights some of the problems that need to be fixed.
15 min video? I didn't watch it all but scanned thru it which included buying tacos with the purchased btc
The following is a follow up post on the video, no I didn't read it but somebody might be interested.
http://www.tested.com/tech/concepts/460601-where-we-went-wrong-buying-bitcoin-atm/
So how do other btc ATMs work and how should they?
The following is a follow up post on the video, no I didn't read it but somebody might be interested.
http://www.tested.com/tech/concepts/460601-where-we-went-wrong-buying-bitcoin-atm/
So how do other btc ATMs work and how should they?
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https://m.youtube.com/watch?v=vnm4xFC2xNo
so you have to scan your hand four times, and give them your id...and your phone number...and still pay only with cash? da fuq.
so you have to scan your hand four times, and give them your id...and your phone number...and still pay only with cash? da fuq.
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