#btms
btms
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Bitcoin Depot just filed for Chapter 11 bankruptcy and shutdown their entire global ATM network
If you are thinking that this is just a single company that is failing, you are wrong and missing the bigger picture
For years, #BTMs were the retail cash to #Crypto gateway
But strict state regulations, transaction limits, and compliance costs just failed the middleman
This kind of all business model are now officially unsustainable
They are actively cutting off physical, decentralized access points to force all retail volume through heavily monitored digital points
Look at the infrastructure, not just the charts
The game we are playing from past 10-15 years is now being rewired right in front of us
#Bitcoin #BitcoinDepot #BTC
$BTC
If you are thinking that this is just a single company that is failing, you are wrong and missing the bigger picture
For years, #BTMs were the retail cash to #Crypto gateway
But strict state regulations, transaction limits, and compliance costs just failed the middleman
This kind of all business model are now officially unsustainable
They are actively cutting off physical, decentralized access points to force all retail volume through heavily monitored digital points
Look at the infrastructure, not just the charts
The game we are playing from past 10-15 years is now being rewired right in front of us
#Bitcoin #BitcoinDepot #BTC
$BTC
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