What happened, America? What did it have to do again?
You will run out of dollars.
You will see. Here is the detail;
The number of Bitcoin ATMs in the United States is increasing rapidly, and this raises concerns among experts about the increasing threat of cybercrime. Bitcoin ATMs operate similarly to traditional cash ATMs and require a PIN code and withdrawal fee. However, the high value of cryptocurrencies makes these machines a prime target for hackers. Unlike cash ATMs that may go unnoticed at a gas station, Bitcoin ATMs attract more attention from criminals.
Timothy Bates, a cybersecurity professor at the University of Michigan's School of Innovation and Technology, stated that these machines are particularly vulnerable to both physical and cyber threats, making them a prime target for hackers and thieves. According to Frei's data, approximately 74% of ATMs worldwide are managed by ten operators. The largest Bitcoin ATM operator, Bitcoin Depot, operates more than 8,000 machines. CEO Brandon Mintz said that their machines are designed to prevent hacking, but questioned the idea that Bitcoin ATMs are a major target for cybercriminals.
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