Quote:
Originally Posted by Mutt
Also, I am pretty sure that ATM's would fall under some regulation in any country. You can't even operate a hotdog cart without a license and inspection. So with a stroke of a pen any government can shut down the bitcoin ATM industry.
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Of course. Unless a real bank gets behind it, it's just a pen stroke away from being a memory. You can't just plop down ATMs around the world to transfer "untraceable" money or exchange your cash for another untraceable currency. That's called money laundering. Unless those using the ATMs give up their anonymity, the odds of this being successful are very slim. I can't even fathom the red tape involved in doing this. And kudos to them if they do pull it off.