Now that it's possible to send instant transactions at a fraction of the cost using Bitcoin's Lightning Network, I'm starting to wonder whenever we'll be able to see vending machines accepting Bitcoin someday?
For years, we've been accustomed to vending machines which accept physical cash above all else. A Bitcoin vending machine that would use the Lightning Network would turn out to be quite revolutionary for many businesses in the mainstream world. It'll be even better than paying with physical cash. This would also benefit the Lightning Network in terms of adoption worldwide. I'm sure that someone is already working on this in order to make our lives easier than ever.
What are your thoughts? Is the Lightning Network ready to be used on vending machines, or is it too early to tell? ??
Yes, the Lightning network is ready to do this with Bitcoin but the important thing is that the demand is not too much. I've seen quite a few vending machines use one of their e-wallet apps and it works pretty quickly, which has taken the convenience to a whole new level. So what does it mean to pay with bitcoin while it makes no difference? Besides, Bitcoin is a highly volatile asset class. Imagine, you want to buy 10 coffe glasses and it is worth about $ 23, and suddenly the price of bitcoin drops by a few percentage points, you will not have enough money to pay for 10 cups of coffe. so I think this idea will be hard to come up with.
