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by ohazi 4267 days ago
I think the idea is that there's demand for cash at a pub, but I also don't see how you'd reasonably expect to break even with this setup.
2 comments

Ah yeah thats right, when I read the emails, it read more like an ATM that accepted deposits (there were currency scanning issues attributed to the polymer notes) rather than cashing out. I guess it would work both ways.
bitcoin appreciation I think. They essentially buy low and include steep transaction fees, which I think are warranted for how convenient this would be, and then you hold the currency if you are speculating.