Total banking outage at National Australia Bank (NAB) - no ATMs, online banking, nothing. NAB has closed accounts of Bitcoin related customers since 2014. Centralized banking doesn’t work, payback’s a bitch.
From 2014 to the end of 2017 there were 20 Bitcoin ATMs installed in Australia. 24 More have been installed in the last 6 months alone.
Saw this in a news article, but seems I can't post the link here: "Although the whole the cryptocurrency global market capitalization has seen somewhat of a downturn since its peak of over $1 Trillion Australian Dollars on January 8th, there’s one sector of the cryptocurrency space in Australia that shows no sign of slowing down; Bitcoin ATM machines. The first Bitcoin ATM installed in Australia was installed in 2014 in Pitt St Mall, Sydney, and up until the end of 2017, only 20 more had been installed across the country. However, according to Australian Bitcoin ATM locator site FindBitcoinATM, that number has more than doubled in the first half of 2018 alone – with a further 24 being installed." Pretty amazing - but there's still not one near me dammit!
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If only there were crypto ATMs. There are actually around a dozen major companies that make the just over 4500 Bitcoin ATMs in the world. Right now the vast majority of Bitcoin ATMs are in the Eastern US. There are also around twenty in Australia, mostly in the South East. Sitting in the middle is the UK with just over 200, also mostly in the ... Bitcoin ATMs Most Common Scam Payment Method in Australia The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. The map is provided by Google and shows the exact locations of the closest Bitcoin ATM’s to you. About Bitcoin ATM’s. Bitcoin is a growing digital currency and the interest around it is getting bigger and bigger, the bitcoin machine helps users and investors buy and sell cryptocurrency and exchange it with cash, you can use the ATM for bitcoins to get your own now. Professor David Glance, a bitcoin expert and head of software practice at the University of Western Australia, has also said the heavy security in the ATMs could strip bitcoin of one of its key ... Bitcoin ATMs in Australia Total number of Bitcoin ATMs / Tellers in Australia: 20. Coins: Bitcoin (BTC) Lightning BTC (LBTC) Bitcoin Cash (BCH) Ether (ETH) Dash (DASH) Litecoin (LTC) Zcash (ZEC) Monero (XMR) Dogecoin (DOGE) Tether (USDT) Ripple (XRP) Operations: Buy Sell. Location type: ATM Teller Other "Other" services are visible with larger zoom. Zoom in. List of major cities in Australia ...
Do Not Use a Bitcoin ATM (BTC ATM Review) - YouTube