In December 2015, it was announced that Lamassu had struck a deal with Dash that meant that it will offer DashCT r: 105 along with Bitcoin as an alternative coin in all its BTMs .
CoinTelegraph decided to conduct a survey of BTM owners to know their opinion on whether BTM companies should offer altcoins in their ATMs? If they ever tried it, what was the user response like? Are they needed?
“I think it’s a great idea if there is a demand for it, We have not seen any demand for it. Blockchain ATM’s are an easy on and off ramp for fiat currency to cryptocurrency” Peter Trcek, the CEO of BitnikCT r: 291 said: “Crypto ATMs are a great way for users to obtain cryptocurrency and thus a great promoter for any altcoin . Whether altcoin crypto ATMs are needed and will exist depends on the customers.” Luca Dordolo , the owner of the first BitcoinCT r: 8 ATM installed in Italy , didn’t think it was a good idea either: “Why would I need to trade with silver or copper if I could use gold? I am a Bitcoin enthusiast and firmly believe in its value. It is really the digital gold and allows people not only to store value but buy real goods and services as well.” He further added that: “At the moment we are making all the efforts we can afford to take Bitcoin to mainstream [sic], to make it known and appreciated by common people. I personally think that altcoins introduce a disturbing element; while they are very good for market speculators but they create confusion for normal people who have difficulty in understanding or accepting untouchable crypto-technology.” User Response?
Michael Dupree founder of Easybit said: “We offered altcoins across our global […]
