# The FCC Collected $6,790. Then They Came for Bitcoin ATMs. | Paul Tarantino | Ep 272 Page: https://stenobird.com/podcast/the-bitcoin-matrix-2537137/the-fcc-collected-6-790-then-they-came-for-bitcoin-atms-paul-tarantino-ep-272 Text version: https://stenobird.com/podcast/the-bitcoin-matrix-2537137/the-fcc-collected-6-790-then-they-came-for-bitcoin-atms-paul-tarantino-ep-272.md Podcast: [The Bitcoin Matrix](https://stenobird.com/podcast/the-bitcoin-matrix-2537137) Published: 2026-04-28T02:00:29+00:00 Episode link: https://fountain.fm/episode/d7x6lzqtCQ6QBlfgMheJ Audio file: https://feeds.fountain.fm/paBeJqepFBns3bT2OAtC/items/uQhymNAM0uRX11fg2UT6/files/AUDIO---DEFAULT---72a85d74-c8a6-4634-9fa9-7176eb5bafb0.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-matrix-2537137/episodes/the-fcc-collected-6-790-then-they-came-for-bitcoin-atms-paul-tarantino-ep-272 Duration seconds: 4820 ## Resource Paul Tarantino is the CEO of Byte Federal, one of the largest Bitcoin ATM networks in the country. Eighteen months ago on this show he told us Bitcoin wins by default. That Bitcoin is the last currency standing. That AI-generated fraud would break the credit-based payment system. He was right on all three. Now legislators across the country are coming for Bitcoin ATMs and framing it as consumer protection. Paul has spent three years building the most comprehensive data-driven defense of this industry anyone has produced. He's here to show you what's actually going on. If you use a Bitcoin ATM — or know someone who does — this is the conversation to send them. We discuss: Why the FCC has collected $6,790 of $208 million in VoIP fraud fines — and why Bitcoin ATMs are being scapegoated\ The regulatory asymmetry nobody is talking about — 98.8% of ATM transactions are legitimate\ Why banning Bitcoin ATMs is a wealth transfer from the 24.6 million unbanked Americans who use them\ The exit door Wall Street is trying to close before you walk through it Subscribe so you never miss an episode. ━━━━━━━━━━━━━ 🎙️ GUEST ━━━━━━━━━━━━━ Paul Tarantino @PaulTarantino → https://x.com/PaulTarantino Byte F ederal → bytefederal.com Fraud Prevention Report → bytefederal.com/fraud-prevention ━━━━━━━━━━━━━ 💰 SPONSORS & DISCOUNTS ━━━━━━━━━━━━━ 🔑 Stamp Seed — Between 3-6 million Bitcoin are lost forever. Most of it paper. Hammer your seed words into solid titanium — fire-resistant to 3,000°F. 15% OFF stampseed.com | code MATRIX 🐟 Firefish — Non-custodial Bitcoin-backed loans. Your keys stay in multisig. $100M+ in volume. 10,000+ users. Zero fees on your first loan through April 30. firefish.io/?ref=MATRIX | code MATRIX 🏕️ Camp Nakamoto — Bitcoin summer camp. Private island. Lake Winnipesaukee, N… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-bitcoin-matrix-2537137/episodes/the-fcc-collected-6-790-then-they-came-for-bitcoin-atms-paul-tarantino-ep-272/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-matrix-2537137/the-fcc-collected-6-790-then-they-came-for-bitcoin-atms-paul-tarantino-ep-272.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.