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Sydney Bitcoin ATM Machine

October 21, 2016
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On my recent trip to Sydney, I went back to visit the only bitcoin ATM machine that allows you to withdraw cash. Unfortunately it has been removed.

I was there in August 2015 and documented the interesting process.

Bitcoin ATM machines are not that scary

I’ve contacted Patrick fromĀ Abatech but with no success. They have recently updated their website (http://abatech.com.au) promoting their mobile wallet instead of their ATM machines. They did have 1 in Melbourne and Brisbane but who knows if they are operational as well.

It was the right step in the right direction but maybe it wasn’t making as much money for the owners. It is probably ahead of its time as well.

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