The growing of bitcoin ATM

[densuj]

While governments and banks in some countries are trying to hamper the development of cryptocurrency-related businesses, other locations are cashing in on the investments and new jobs that the industry brings. The latest example of this is the establishment of bitcoin ATM manufacturer Lamassu in Switzerland.
Lamassu, the well-known cryptocurrency ATM manufacturer, which assembles its machines in Portugal, announced on Jan. 1 that after years of searching for a home, it is now officially Lamassu Industries AG of Lucerne, Switzerland. The reason given for choosing the Alpine country is a more welcoming environment for crypto-related businesses, in contrast to other locations where the company struggled to maintain a bank account, leaving it bankless for the past year.
https://lamassu.is/products

If you know about other great of information about the growing of bitcoin ATM please share it on here. Thank you very much

[EthereumDev_]

the more bitcoin atm, the more it will use bitcoin and that means it can have an effect on the increase in the price of bitcoin.

[Omah karpet]

it is likely that many investors will switch to using bitcoins if a lot of bitcoin atm are issued, and all will be held by bitcoin ..

[tsakf]

This is a very good fact. Slowly and steadily, the number of Bitcoin ATM' grow year by year. Why do they grow? Because more and more people use them. This is the fact that should be taken into consideration, when we want to see the future of Bitcoin. Most people look at the exchange rate because their minds, are stuck to fiat. Bitcoin was made as an alternative way of payment. A growing number of Bitcoin ATM's show increased use. Relax and have fun.

[rudox]

This is a good omen for bitcoin as the advent of bitcoin ATM will surely increase the adoption and usage of bitcoin globally. This actually shows that bitcoin is winning the war against the governments and her agencies.

[damsix]

I think this is good news about Bitcoin because there are so many Bitcoins that are adopted by ATMs to facilitate transactions.
If I can add for a Bitcoin ATM and this is in my experience you can check everything here: https://coinatmradar.com/bitcoin-atm-map/

[Abiodun]

The fast growing Bitcoin ATM will give way to greater adoption and easier means of using the technology..

[Wasimalik]

Knowing that Bitcoin ATMs are growing at great speed is very good and also hoping for more good news in coming days.

[densuj]

​​Dubai's first bitcoin ATM installed at Rixos Premium on JBR

Dubai residents and tourists can now buy Bitcoin through an ATM using just cash.

According to a Khaleej Times report, the UAE's first ATM that dispenses bitcoin is at the five-star Rixos Premium Dubai Hotel at JBR.

Buyers need present no documentation other than cash to buy bitcoin instantly. Customers will need need an Emirates ID or passport to sell the digital currency later, according to Anhad Dhingra, CEO, Amhora, which holds the licence for the ATM.


“At this kiosk, you just insert cash and you get Bitcoins instantly. It is possible to purchase Bitcoins through banking platforms and debit cards already but since we accept cash, it is very different. This is the first commercial Bitcoin kiosk in the city,” Dhingra was quoted by the report to say.

Dhingra’s ATM has been licensed by Dubai’s Department of Economic Development. There is a five percent commission on the total purchase for buying bitcoin through the ATM which transacts the currency in real-time exchange rates.

[tsakf]

Knowing that Bitcoin ATMs are growing at great speed is very good and also hoping for more good news in coming days.

This shows than cryptocurrency adoption, is growing. Slowly, and steadily. This is the way, for a normal adoption, and market maturing.

[Niteroy]

The number of Bitcoin ATM in the world is really growing. Recently, the first Bitcoin ATM installed at Rixos Premium on JBR was installed. Thus, the countries of the Arab world develop the idea of ​​cryptocurrency and increase the interest in investing in the cryptocurrency of their citizens.
https://www.arabianbusiness.com/banking-finance/415757-dubais-first-bitcoin-atm-is-at-the-rixos-premium-on-jbr

[Bit]

I see that Bitcoin ATM grows very well and spreading around the world. But most of the ATMs are in America, it shows that Bitcoin is popular and has been a part of people's life there. While in Asia, I think it should have better improvement, more ATMs are needed.

[cybersoft]

While governments and banks in some countries are trying to hamper the development of cryptocurrency-related businesses, other locations are cashing in on the investments and new jobs that the industry brings. The latest example of this is the establishment of bitcoin ATM manufacturer Lamassu in Switzerland.
Lamassu, the well-known cryptocurrency ATM manufacturer, which assembles its machines in Portugal, announced on Jan. 1 that after years of searching for a home, it is now officially Lamassu Industries AG of Lucerne, Switzerland. The reason given for choosing the Alpine country is a more welcoming environment for crypto-related businesses, in contrast to other locations where the company struggled to maintain a bank account, leaving it bankless for the past year.
https://lamassu.is/products

If you know about other great of information about the growing of bitcoin ATM please share it on here. Thank you very much

The number of bitcoin ATMs is growing very rapidly all over the world. I was reading the news on CryptoSlate months ago and I came across an article saying the number of bitcoin ATMs grew by 700% in 3 years. A lot of companies are now joining the ecosystem to help distribute the bitcoin ATMs, it is a new business opportunity for them. Let's look at the bitcoin ATMs by countries, shall we?


Credit: crusayder.com

[tsakf]

I have used a Bitcoin ATM, many times. Sometimes, there are small obstacles, because these are new devices, and have bugs. Anyway, the ATM operator was responsive, and all problems were solved, very fast.

[mlawson71]

I don't think I've ever seen a Bitcoin ATM in real life and I'd love to use one.