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Bitcoin ATMs Are “Rip-Offs,” Says Dogecoin Co-Creator Billy Markus

Published 10/30/2023, 07:24 PM
Updated 10/30/2023, 07:45 PM
© Reuters Bitcoin ATMs Are “Rip-Offs,” Says Dogecoin Co-Creator Billy Markus
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  • Billy Markus, Dogecoin co-creator, said Bitcoin ATMs are rip-offs after a user said they tried to use one.

  • Bitcoin ATMs have boomed in the U.S., with over 27,394 in the country, growing at a daily rate of 3.7.

  • Markus, in a separate tweet, said he is holding 0.01 BTC and hopes Bitcoin gets to a trillion dollars.

In a recent tweet on X, Dogecoin Co-Creator Billy Markus, also known as Shibetoshi Nakamoto, expressed his displeasure with Bitcoin automated teller machines (ATMs), calling them rip-offs. His statement came in reaction to a tweet by a user who said he tried out the ATM for the first time.

Notably, the user shared a picture of a store’s poster that said “Bitcoin ATM Inside.” The user said it would be their first time seeing a Bitcoin ATM. In response to the post, Markus remarked, “They’re ripoffs.” The user replied, “It didn’t work, lol,” hinting that their effort to use the Bitcoin ATM had failed.

Bitcoin ATMs entered the market following the token’s value boom. As more businesses and individuals …

The post Bitcoin ATMs Are “Rip-Offs,” Says Dogecoin Co-Creator Billy Markus appeared first on Coin Edition.

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