The ruling elite also tries to reduce the use of cash, believing that money is being used by people trying to avoid taxes.
The US government eliminated $ 1,000 and $ 500 bills. There's even an effort to eliminate $ 100 and $ 50 bills.
It is considered as double evil by the elites to buy kriptoyu in cash or to take cash with the crypto.
Source
I didn't use crypto-ATM. The reports I've read say they've been overcharged.
I suspect that the long-term primary use of ATMs will be for people who want to withdraw money for local purchases.
BTW, your question has inspired me to look at the numbers for the US Currency. The paper money was printed by the Engraving and Printing Bureau.
I suspect that the $ 100 banknotes are primarily used for cash reserves in banks and financial institutions. Personally, I've started using $ 100 more in my daily life.
One day, when I have a million dollars, I can use a crypto ATM at STEEM. I'm sure I will be closely monitored by the local authorities.
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