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  1. Home
  2. Crypto Lifestyle
  3. Bitcoin Depot's Collapse Signals a Turning Point for the Entire Bitcoin ATM Industry

Bitcoin Depot's Collapse Signals a Turning Point for the Entire Bitcoin ATM Industry

Scheduled Pinned Locked Moved Crypto Lifestyle
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  • The_Walking_DeadT Offline
    The_Walking_DeadT Offline
    The_Walking_Dead
    wrote last edited by
    #8

    I always wondered how those ATM businesses stayed profitable šŸ¤”.

    1 Reply Last reply
    0
    • Capybara_CapybaraC Offline
      Capybara_CapybaraC Offline
      Capybara_Capybara
      wrote last edited by
      #9

      The scam problem around Bitcoin ATMs got way too big to ignore.

      1 Reply Last reply
      0
      • CoffeeZombieC Offline
        CoffeeZombieC Offline
        CoffeeZombie
        wrote last edited by
        #10

        Another reminder that compliance matters in crypto.

        1 Reply Last reply
        0
        • 339052cc033 Offline
          339052cc033 Offline
          339052cc03
          wrote last edited by
          #11

          Feels like regulators were waiting for a major example to make their move.

          1 Reply Last reply
          0
          • bredB Offline
            bredB Offline
            bred
            wrote last edited by
            #12

            Honestly, I’m surprised it took this long.

            1 Reply Last reply
            0
            • RevenantR Offline
              RevenantR Offline
              Revenant
              wrote last edited by
              #13

              Bitcoin ATMs used to feel futuristic, now they feel outdated.

              1 Reply Last reply
              0
              • febe3f2e35F Offline
                febe3f2e35F Offline
                febe3f2e35
                wrote last edited by
                #14

                The pressure from multiple states was impossible to survive.

                1 Reply Last reply
                0
                • 0c4535c1a00 Offline
                  0c4535c1a00 Offline
                  0c4535c1a0
                  wrote last edited by
                  #15

                  This could trigger a domino effect across the sector.

                  1 Reply Last reply
                  0
                  • 059d96d16a0 Offline
                    059d96d16a0 Offline
                    059d96d16a
                    wrote last edited by
                    #16

                    Elderly scam cases probably accelerated the crackdown fast.

                    1 Reply Last reply
                    0
                    • 97770892359 Offline
                      97770892359 Offline
                      9777089235
                      wrote last edited by
                      #17

                      Hard to defend the industry when fraud numbers keep rising.

                      1 Reply Last reply
                      0
                      • ChewBeastC Offline
                        ChewBeastC Offline
                        ChewBeast
                        wrote last edited by
                        #18

                        Crypto companies that ignore regulation are playing with fire šŸ”„.

                        1 Reply Last reply
                        0
                        • GummyBearG Offline
                          GummyBearG Offline
                          GummyBear
                          wrote last edited by
                          #19

                          I still see Bitcoin ATMs at gas stations everywhere šŸ˜‚.

                          1 Reply Last reply
                          0
                          • d82ae58262D Offline
                            d82ae58262D Offline
                            d82ae58262
                            wrote last edited by
                            #20

                            The industry is changing fast, adapt or disappear.

                            1 Reply Last reply
                            0


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