Bitcoin ATMs take over the world.

[Paha87]

Coinatmradar.com reports that more than 3'500 bitcoin ATMs (BATM) have been installed worldwide. Why is the number of ATMs growing and what concerns the owners?

According to Coinatmradar.com reports not only about the fact that now all over the world installed more than 3,500 ATMs ATM, but about changing the mindset of owners of cars that not long ago thought that BATM is the perfect tool for buying cryptocurrency, especially in the United States.

The fact that such ATMs can be placed where there are consumers means that the BATM will be placed in liquor stores, fast food restaurants, shopping malls, cinemas and so on. It was just a matter of time and time goes by.

However, after the price of cryptocurrency has significantly decreased, and the us Federal government began to deal with the regulation of bitcoin ATM operators, the views of the owners of BATM began to change.

Tim Curry, head of marketing at blockchain BTM notes:

"There is no doubt that American rules [regulation] play a huge role in our business. We could provide much more services and much cheaper if it weren't for the many rules we have to comply with."

Nine in the afternoon
However, the fact that so many bitcoin ATMs are operating, especially given that most of them are in the United States, indicates the potential power of this activity.

Mr. Curry noticed:

"It's a Bank in a box. We can work faster than Coinbase, and carry out the purchase operation in about two to three minutes from start to finish. No need to wait a week or more. A purchase does not link your personal Bank account to a transaction."

Turning to history, a year and a half ago, the ecosystem noted the appearance of the thousandth bitcoin ATM in the world. Of the 3 '500 machines installed worldwide, more than 1' 800 support altcoins such as the Litecoin and Ethereum currencies. North America retains the highest concentration of BATM, with a total of about 2'600 machines installed in the US and Canada.

Currently, about 9 bitcoin ATMs are installed daily. Genesis Coin, General Bytes and produce more than half of all installations. Most machines are set to buy cryptocurrency for Fiat. However, the market is now in demand two-way machines that allow not only to buy cryptocurrency, but to sell it, and this segment is growing faster than anything else.

Link to the source of information(Russian) - https://altstake.io/news/bitkoin-bankomaty-pokoryayut-mir

[JasmineRose]

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