On: El Salvador expected to default as Bitcoin plummet...

[VWWHFSfQ]

40,000 is a microscopic number and 95% of them are in USA and Canada.

The countries that could make most use of these crypto ATMs have no access to them.

[neonihil → VWWHFSfQ]

El Salvador has more than 2000 of them. If people want to cash out BTC, they can. No network access or exchange needed.

https://coinatmradar.com/country/64/bitcoin-atm-el-salvador/

[otterley → neonihil]

How much do they charge for this service? How quickly do they perform the transaction vs. a typical ATM?

[andrewshadura → otterley]

A lot! I tried them a couple of times just for fun, the exchange rates were horrible.