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There's going to be Bitcoin ATM near LSU

Posted on 2/20/17 at 3:51 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18860 posts
Posted on 2/20/17 at 3:51 pm
I have one question. Why??
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16893 posts
Posted on 2/20/17 at 4:29 pm to
Obama
Posted by GumboPot
Member since Mar 2009
118550 posts
Posted on 2/20/17 at 4:55 pm to
Why not?
Posted by momentoftruth87
Member since Oct 2013
71038 posts
Posted on 2/20/17 at 5:09 pm to
Millennials and making money bro
Posted by bayoubengals88
LA
Member since Sep 2007
18860 posts
Posted on 2/20/17 at 5:29 pm to
What can you do with a Bitcoin that you can't do with a dollar? I'm assuming you'll be able to buy partial Bitcoins since one is "worth" ...holy shite over $1,000 now?!

I wish I would have bought a few when in tanked 2-3 years ago.
Posted by bayoubengals88
LA
Member since Sep 2007
18860 posts
Posted on 2/20/17 at 5:39 pm to
Also, what's the point of a bitcoin atm if it's all e currency? Can't I just trade for bitcoins from my phone or computer?

Genuine questions...

ETA: I see that you can get cash from them. Now I see the reasoning.
This post was edited on 2/20/17 at 5:41 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80744 posts
Posted on 2/20/17 at 5:49 pm to
How do you have an ATM of something that is not tangible?
Posted by LSURussian
Member since Feb 2005
126854 posts
Posted on 2/20/17 at 6:00 pm to
quote:

I see that you can get cash from them.
The article I read said no cash withdrawals, only accepting cash deposits and converting the dollars to BTC.

Do you have a link?
Posted by bayoubengals88
LA
Member since Sep 2007
18860 posts
Posted on 2/20/17 at 6:22 pm to
No, I must have misunderstood. I was just reading a wiki article. Heard the story on NPR on my drive home. Guy from New Orleans is opening an atm on Nicholson Drive and placing one more either in Shreveport or another BR location.
Posted by OceanMan
Member since Mar 2010
19964 posts
Posted on 2/20/17 at 6:32 pm to
quote:

The article I read said no cash withdrawals, only accepting cash deposits and converting the dollars to BTC.


So they have to go to the brick and mortar Bitcoin branch to make a withdrawal?
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35464 posts
Posted on 2/20/17 at 7:04 pm to
Wiki finally started a business.
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