"With the ATM, Venezuelans can receive bitcoin from anywhere in the world and cash out in Colombian pesos right away," says Matias Goldenhörn from Athena, the company that installed the machine.
"A Venezuelan family of four, getting on a bus in Cucuta to emigrate to Argentina, was carrying all their life savings in cash on their 14-day bus journey," he recalls.
"They just exchanged all the money into bitcoin and, once they arrived at their final destination, sold the crypto for the local currency, hence not risking travelling with the money on them.
"It made life a lot easier for them."