Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Quantum X on October 22, 2020, 05:05:40 PM
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Dulder Grand is a luxury hotel and spa in Zurich, Switzerland has recently install ATM that supports four cryptlocurrencies—bitcoin, bitcoin cash, litecoin, and ethereum. They started accepting bitcoin payment for their services to their guests. As of now Switzerland has currently 102 crypto ATMs making the country one of those highest number of crypto atm machines. More here (https://news.bitcoin.com/hotel-bitcoin-atms-swiss-dolder-grand/).
What do you think guys?
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It's not surprising news anymore about ATM growth. We already know it from many sources in the last few months. In the fact, most ATM Bitcoins are still in America till today. I really hope that Bitcoin ATMs don't dominate in America only but it also can be spread out in ASIA or other places in the world.
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Yes, the Bitcoin ATM is very growing. You can check the amount and also it's spreading in https://coinatmradar.com/ so that you can find the Bitcoin ATM nearby you. And this is actually a very good situation where many more countries are interested in and also legalize bitcoin.
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More parties are already involved in the Bitcoin business, so it is normal if we see the growth in Bitcoin ATM as it is like a sign of Bitcoin use in transactions. But I don't see a big move in the number of Bitcoin ATM in my country. It was already for years, we only have 3 Bitcoin ATMs in my country. I didn't see any new Bitcoin ATMs here. Well, it may be caused by Bitcoin is only legal as a digital asset here, not as a payment tool.
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Dulder Grand is a luxury hotel and spa in Zurich, Switzerland has recently install ATM that supports four cryptlocurrencies—bitcoin, bitcoin cash, litecoin, and ethereum. They started accepting bitcoin payment for their services to their guests. As of now Switzerland has currently 102 crypto ATMs making the country one of those highest number of crypto atm machines. More here (https://news.bitcoin.com/hotel-bitcoin-atms-swiss-dolder-grand/).
What do you think guys?
Switzerland is know to us for banking sector specially in South Asian People. Now they have launched ATM service which proves that they have forwarded one step ahead to the legalize of cryptocurrency. It is a good step, and customers can shop or withdraw money using this ATM service.
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The country of Switzerland is known as very friendly to Bitcoin and cryptocurrency in general, so I am not wondering why there are more ATMs on this country and this can be because there is really a good level of demand from crypto holders. When a certain project is making money it can be attracting more of the same or even competitions which can be good for the market generally speaking. Let's hope that this can spread to other countries as well.
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Bitcoin ATMs in several countries have used many and in my opinion more and more will use bitcoin atm because paypal as a transaction bridge has accepted bitcoin so that it will make many people buy bitcoin.