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Exactly 17 months ago, thieves tried to steal a Bitcoin ATM. The journalist reporting it said he did not know Bitcoin ATMs were a thing.

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by COINS NEWS 125 Views

Exactly 17 months ago, thieves tried to steal a Bitcoin ATM. The journalist reporting it said he did not know Bitcoin ATMs were a thing.

Today marks the 17-month anniversary of one of the most prominent we-are-early indicators: a group of bad actors tried to steal a Bitcoin ATM. The case happened in the NYC Bay Area, precisley from a Silicon Valley liquor store.

They used a cord and tied the ATM to a van, removing it from the store:

Source: NBC

The funny thing is that the news piece actually is somewhat informative. The journalist states that he did not know that Bitcoin ATMs were a thing. In addition, an interviewee explained that you couldn't possibly steal BTC from the ATMs, only hackers could do so! You can watch the interview yourself! The price of Bitcoin was $55,000 at the time (do I miss those times...).

This news piece often comes to my mind when discussing if we're early or not. It's a matter or perspective, I'd say. We're earlier than people jumping in in the next run, but late if compared to those who came in before us.

As for the tech, we're definitely early. I think it will take at least a decade before we can say we're not that early.

submitted by /u/reddito321
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