Dogecoin Co-Creator Calls Bitcoin ATMs a Ripoff Despite Their Rising Popularity
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Billy Markus, co-creator of Dogecoin, called Bitcoin ATMs a "ripoff" on social media.
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Markus responded to a user who shared a photo of a store advertising a Bitcoin ATM, bluntly stating "they're ripoffs."
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There are currently around 27,000 Bitcoin ATMs in the U.S., growing at a rate of 3.7 per day.
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However, Bitcoin ATMs have security risks, like a March hack of manufacturer General Bytes.
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On social media, Markus also expressed having 0.01 bitcoin and hoping its price surges to $1 trillion.