This is a threat to the whole network. Goes beyod your local BTM. Must read and support access to Bitcoin ATM's. Link to email your local lawmakers in the comments below:
Friends please support and help preserve acees to BTM's. The unbanked have never had acess to an asset like #Bitcoin before and they need it more than ever. Without inflation resistant savings, the cash economy will see their savings dramatically debased.
We have partnered with @SatoshiActFund to fight the bitcoin ATM bans but we need your help.
Whether you buy bitcoin with cash at an ATM or not, preserving the right to do so affects us all.
Learn more and send a letter to your lawmaker in just two clicks via the link below.
Bitcoin Matrix #272 is now live.
24.6M unbanked Americans rely on cash — and Bitcoin ATMs are their only 40% CAGR savings vehicle.
So why is the entire regulatory machine targeting them?
@Humble_Hodl1111 explains: it’s about stopping the exit.
Full conversation ↓
@SenatorTimScott@CaitlinLong_ Make sure to fix the kiosk portion. It eliminates the cash economy from participating. You cant make a crypto capitol by excluding 25+ million citizens from the digital economy
Make sure the states must follow the federal law. Crypto kiosks are being regulated by enforcement. Smart constitional laws are what is needed. First, there was chokepoint, then sec attack on exchanges, then the environmental attack on mining, then chokepoint 2.0, now banning kiosks. These are all on-ramps for adoption.
@markpaolillo941@0111100x@Dennis_Porter_ Agreed. In recent years, various entry points for Bitcoin have indeed been targeted one after another: bottlenecks, compliance, mining, ATMs... It's clear that the pressure is considerable.
Hello Michael, nice article but if you want the real ground breaking story, it is not the scam but how they occur and what the government and big telecom are not doing. See our website regarding fraud. We would be happy to converse with you on what actually works and how AARP is working with big business (banks, etc) to stall crypto adoption.
https://t.co/unFu0bjhRi
@markpaolillo941@michaelgemilio1 Mark is correct, Bitcoin isn’t the scam. The scammers are the scam and the telcos and banks are allowing it. THAT is the story here.
More work is needed on the kiosk portion. 30 day refunds for existing customers are wrong. Refunds during the new customer period is almost acceptable. Paper receipts, really? Allowing the states to be more aggressive with their overreach is disgraceful. You can certainly do better. This allows the unconstitutional bans. This has nothing to do with fraud prevention and everything to do with yielding to banks who do zero to prevent fraud.
@SenatorTimScott@paulacryptotalk We deserve access as well! Heavy overreach on the kiosks. They have become the sacrificial lamb for the yield fighters.
@BankingGOP@paulacryptotalk Totally not true. You want to stop faud you regulate the entry point...telecom and voip. Unfortunately you have been listening to the wrong people. The paid shills have over run smart legislation
@SenatorTimScott@paulacryptotalk More work is needed on the kiosk portion. 30 day refunds for existing customers are wrong. Refunds during the new customer period is almost acceptable. Paper receipts, really? Allowing the states to be more aggressive with their overreach is disgraceful.
@SecScottBessent@BankingGOP Then why are they banning financial inclusion for the un banked and under banked...smart regulation on crypto atms not bans and hidden bans through unconstitutional regulations