Re:El Salvador expected to default as Bitcoin plummets
by neonihil on Wednesday May 11, 2022 @10:24AM
(#31340395)
El Salvador has more than 2000 of them. If people want to cash out BTC, they can. No network access or exchange needed.
https://coinatmradar.com/country/64/bitcoin-atm-el-salvador/
Re:El Salvador expected to default as Bitcoin plummets
by otterley on Wednesday May 11, 2022 @10:34AM
(#31340542)
How much do they charge for this service? How quickly do they perform the transaction vs. a typical ATM?
Re:El Salvador expected to default as Bitcoin plummets
by andrewshadura on Wednesday May 11, 2022 @11:04AM
(#31341022)
A lot! I tried them a couple of times just for fun, the exchange rates were horrible.
The countries that could make most use of these crypto ATMs have no access to them.