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On topic:
Now and then I go to a vape shop to buy my vices and one time I asked the guys who run that place about the crypto ATM and the kind of people who use it. At first they said, “Oh it’s for people evading taxes.” I was a bit dumbfounded at first, then I tried using the bitcoin ATM myself and it said, “Any amount above 960 USD requires ID verification.” So I was chit chatting with the guy behind the counter some more and got my answer: people just want to buy bitcoin at a 27% premium without giving anyone their ID. It’s a vape shop, they need to ID all of their customers anyway to sell them nicotine or cannabis products.
Someone who has no idea how a bitcoin ATM works somehow got a bitcoin ATM inside his store. The only reason I can think of that it is there is because the shop owner(s) get kick back for transactions paid in cash.
What’s my point? People who literally see this shit crypto every single day don’t necessarily understand how it works.
EDIT: I’ve been screaming from the rooftops to my own family members about phone spoofing and voice synthesis technology which can be used to fool people who may not think a lot about OPSEC into doing things they ordinarily wouldn’t do:
https://www.youtube.com/watch?v=2AeS9RoX5Sw – voice spoofing
https://www.youtube.com/watch?v=fkF75c3CUug – caller ID spoofing.
submitted by /u/sgtslaughterTV
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