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The Adoption of BTC A.T.M is Growing Up Fast,

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          Today, in all over the world, economic decision-makers are studying how to take advantage of the basic advantage of cryptocurrencies, which is, the ability to be not possible for anyone to counterfeit it., and this attention can be seen by the continued increase in the spread of BTC A.T.M, in the world-wide, especially at the airports because of the high level of suffering from counterfeit money, the beginning was in Amsterdam Airport in Netherlands who was one of the first to do so. 

          And Today, Miami International Airport joins the convoy, and thats is very important because Miami airoport is the one of the big in it kind with more than 10 millions passengers in year.

so what are you thinking about all that, also did you think that its time for all big market and store to start adopting BTC A.T.M as a method of payment

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2 minutes ago, Hauwa said:

did you think that its time for all big market and store to start adopting BTC A.T.M as a method of payment

 

Yes it is the time to do this action because if it will happen then the governments will come in action too and they will also give a legal governmental status to bitcoin which will make bitcoin a more secure currency and a secure payment method for all of the world. 

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10 minutes ago, Survay said:

Yes it is the time to do this action because if it will happen then the governments will come in action too and they will also give a legal governmental status to bitcoin which will make bitcoin a more secure currency and a secure payment method for all of the world. 

SEC is working for it from a longer time and I am sure that very sooner they will approve the bitcoin ETF which will make the countries satisfy with the use of bitcoin and after that it will be accepted all over the world which will make t a global currency. 

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Chart: Number of Bitcoin ATMs by Country | Statista

image.thumb.png.0d1463566adacc84675ae2be03685663.png

This is the number of ATM for specific country few years ago...that number is rising,
but still I think it is very small compared to cash ATMs

Also good websites for crypto ATMs:
https://coinatmradar.com/charts/

Edited by hexwin
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I've messed with a Bitcoin atm in person, seemed pretty straight forward except that it had a huge premium and fee. You were going to pay way more to buy from an atm compared to any standard exchange. I wasn't a fan of that.

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2 minutes ago, hexwin said:

Chart: Number of Bitcoin ATMs by Country | Statista

image.thumb.png.0d1463566adacc84675ae2be03685663.png

This is the number of ATM for specific country few years ago...that number is rising,
but still I think it is very small compared to cash ATMs

Also good websites for crypto ATMs:
https://coinatmradar.com/charts/

These are very small in number compared to fiat ATM because the ATMs are created according to the use and demand of the people. Right now the use of BTC as compared to fiat is small. The number will be increased with the passage of time when the use and demand of BTC will be increased. 

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Yes the adoption of bitcoin ATM machine are increase, I just read on this forum that Mami international airport now has one,  people are starting to see crypto currency as a real currency. More adoption to come.

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I hope someday we can see one of this ATMs in every corner and every street of all countries in the world, that would be great, you can just travel to anyplace in the world without being worry about exchanging your money to that country's currency

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It is only a matter of time what is missing for the full adoption of Bitcoin, ATMs are a great function that has to accelerate it, very soon worldwide we will be seeing that anything we can pay with Bitcoin.

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ATM machines with Bitcoin is really growing in numbers!

The movement is really amazing and we are getting more day by day! 

I will share a link here which you can see the real and updated numbers of ATM per country.

https://coinatmradar.com/

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When there is a steady increase in the price of bitcoin, this will give an impetus to the wider use of bitcoin ATMs in all countries

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Crypto ATMs are becoming more popular. The idea would be for the providers of these ATMs to practice decent prices. Now there is a huge difference, at least in my country, between the exchange price and the ATM price.

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It is an awesome step ahead, I am sure the spread of BTC ATMs will help to drive adoption to a new level... probably it will not be long until we have hybrid ATMs as standard for the industry.

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On 10/16/2019 at 7:21 PM, Survay said:

Yes it is the time to do this action because if it will happen then the governments will come in action too and they will also give a legal governmental status to bitcoin which will make bitcoin a more secure currency and a secure payment method for all of the world. 

I agree with you. I think the more the bigger corporations joins or adopts the acceptance of crypto or maybe Bitcoin for a start, the government might have no choice but to weigh in on it and possibly find a way to adopt it's usage.


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In my locality there used to be two Bitcoin teller machines. Nowadays there's only one. From what I've seen is that the number of total installations still is on an increase. I hope that eventually these machines make cryptocurrency more available to the greater public.

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Yes Bitcoin is gaining acceptance at ATM, I have read many news sites, I am very happy to see this news, I am hopeful that Bitcoin will turn into an acceptable coin around the world.

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Bitcoin ATM shows that the importance and improvement also be popularity & future plan of bitcoin of these country.Very recent Vietnam also set-up Atm, Bitcoin ATMs Installed at 5 Major Malls in the US.It helps to encourage people to know about bitcoin.    

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I've messed subsequently than a Bitcoin atm in person, seemed pretty straight concur except that it had a serious premium and impinge on to the fore. You were going to pay habit more to obtain from an atm compared to any recognized row. I wasn't a lover of that.

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The adoption of bitcoin is what we need to make it official, in that we way we can deal with bitcoin in anywhere without fear of some laws that are not good for us

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On 11/29/2019 at 1:58 PM, Riyadmozu said:

Bitcoin ATM shows that the importance and improvement also be popularity & future plan of bitcoin of these country.Very recent Vietnam also set-up Atm, Bitcoin ATMs Installed at 5 Major Malls in the US.It helps to encourage people to know about bitcoin.    

The adoption of bitcoin ATM is a very good idea for us and its mean that very soon the all other countries will adopt this technologies and will take more benefits.


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On 10/17/2019 at 2:15 AM, redamoun said:

          Today, in all over the world, economic decision-makers are studying how to take advantage of the basic advantage of cryptocurrencies, which is, the ability to be not possible for anyone to counterfeit it., and this attention can be seen by the continued increase in the spread of BTC A.T.M, in the world-wide, especially at the airports because of the high level of suffering from counterfeit money, the beginning was in Amsterdam Airport in Netherlands who was one of the first to do so. 

          And Today, Miami International Airport joins the convoy, and thats is very important because Miami airoport is the one of the big in it kind with more than 10 millions passengers in year.

so what are you thinking about all that, also did you think that its time for all big market and store to start adopting BTC A.T.M as a method of payment

And that's a great achievement for crypto. It's another step for us to become legal all over the world. Let' hope it will happen soon enough so that we can freely access it.

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It is interesting to me that there are only 11 bitcoin ATMs in Japan. As you know the founder of bitcoin is claimed to have Japanese nationality! Nakamoto's country of birth should have the highest number of ATMs not the lowest in the list! The number of ATMs in each country is a sign that shows the level of acceptance of a particular cryptocurrency in that country. It seems that US is the most flexible country in dealing with crypto and crypto users has the least limitations there. Bitcoin ATMs are practical in some situations but they have some shortcomings that should be solved. One of them is high fees which prevents some people from using ATMs. The other problem is the lengthy process of registration in some ATMs which is tiresome.

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Yes the Bitcoin ATMs are growing fast in the world. there are almost 5000 bitcoin ATMs have been installed. which is exciting to crypto market.


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Bitcoin ATM's have really high fee's. Last time I checked fees were high as 7%, making them unattractive to use.

Although this will change once competition begins. Still 6.000 ATM's is not a big number. I think the projects interested at ATM's don't see adoption through this channel and decide not to expand massively. 

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Bitcoin ATMs are great if adopted by shops, supermarkets and placed nearby. This can be a good sustainability for Bitcoin and many people can use it.

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