Oddbean

Very nice! What's your primary use case for this device? This is the first time I've encountered it but I love the concept! I can imagine it being posted at a community market to enable Bitcoiners to easily withdraw cash for the traders who are still no-coiners. And due to the privacy of cash and lightning this is great 👌🏼

Aaah I see! It's for buying sats, not selling, got it 👌🏼 I can imagine more use cases for a sats to cash version of the machine due to all retailers already accepting cash (is that something we might get in 5he future?), but I guess if a retailer is interested in hosting a machine like this they will probably just accept sats anyway making that kind of machine redundant... but this cash to sats version is surely better for driving adoption 👍🏻 I love to see this kind of innovation 👍🏻

A machine that could do both would be pretty cool! This would need a cash recycler (accepts and dispenses). Although depending on demand might be more of a security concern as more cash sitting in it.

It would definitely be a higher risk target, but I guess if it's secured within a business and left emptied and visibly open every night the risks could be minimized as with conventional ATM's. I would love to see these appearing in my local convenience stores! 😅 have you looked into the legality of hosting these devices?

Whoever is running it could set up alerts to just go empty it whenever amount taken reaches a certain value. In terms of legality, I think *technically* you need a money transmitter license in the UK - although at the same time they say #Bitcoin isn’t money - so not sure. I think however, for small amounts to friends and family that’s ok. Technically you could run these in stealth mode as no KYC to run a node that dishes out the Sats with the operator unknown?! ;-)