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Tuesday 31 July 2018

Surprised money changers don't accept crypto

I know crypto ATMs are coming, but I'm thinking a lower tech option.

Say I'm traveling and need $100 of the local currency. Options

a) Give $100 to the local exchange booth

b) Withdraw it from the ATM

c) Send $100 of BCH to the exchange booth's address right in front of me. They give me $100 of local currency

Seems as more people travel that have crypto, would be great to send money from phone's wallet and get local cash. Surprised I haven't seen this yet. Anyone seen a booth like this worldwide?

submitted by /u/ericreid9
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from Bitcoin - The Internet of Money https://ift.tt/2mYl0t5

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