Quote:
Originally Posted by mayabong
Because getting bitcoins is a pain, unless you have a person in your area selling. If I can just go down the street, put in a 100 bill and have bitcoins instantly in my wallet, thats 100000x better and many people using bitcoin feel the same way I'm sure. It would also make people spend more into the economy, since they can replace whatever they just spent pretty quickly.
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I get that, but how does that change anything in regards to the reliance of its exchange rate? So what if a handful of guys use a bitcoin ATM. That isn't going to make any difference at all on the exchange rate.
Millions, if not billions of people use ATMs for cash. Doesn't make any difference at all on what the USD is worth.