The ATMs are clumsy for now, but there are plenty that do dispense cash for bitcoin. I suspect that will update very quickly.
But what is being missed here I think is the same human nature thing that attracts people to the stock market. Volatility and the ever-present opportunity for big windfall profit.
Lets say I bought $1000 worth of bitcoin early yesterday morning.
Within 20 hours I could have sold them for $1146.
Believe me, that kind of opportunity will cover a multitude of sins.
I'm not defending it, knocking it or anything in between. But I do know that anything easily accessed that offers that kind of opportunity will attract masses of people.
This is a story about ATMs that do dispense cash for bitcoin. Cumbersome for now, but wait a week.
http://dealbook.nytimes.com/2014/03/31/makers-of-bitcoin-a-t-m-s-see-a-not-quite-cashless-future/?_php=true&_type=blogs&_r=0
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