The number of Bitcoin ATMs worldwide declined by over 10 percent between January 2024 and January 2023. As of 2024, there were over 34,000 Bitcoin ATMs worldwide.
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How so? I'm not doubting it, but just curious.Indian scam callers use them to their advantage. Stay away
Indian phone scammers have a popular method of luring older people or gullible people into believing they owe the IRS money or they will get in trouble. They then make them go to a Bitcoin ATM to deposit that money to the Indian scam caller's address.How so? I'm not doubting it, but just curious.
These ATMs may, in some areas, and depending on the transaction volume, not even have the need for KYC, allowing you to transact anonymously.They all charge enough fees to make them completely useless. I checked one ATM about a week ago when BTC was like 62k EUR, and it offered me a rate of 53500 EUR per bitcoin.