Post
Topic
Board Bitcoin Discussion
Re: Why arnt we seeing more bitcoin ATM popping up?
by
Light
on 03/12/2015, 10:55:39 UTC
I really thought this time last year that we would have a lot more
bitcoin ATM machines. There is so many people on localbitcoin especailly
in certain areas.

Because amongst the mainstream public there isn't enough usage or interest to maintain more than a handful of ATMs. The ATMs have associated operating costs (maintenance, rental space, initial capital) and these have to be recouped before anyone would consider producing more. I don't think we'll see an significant increase in ATMs until Bitcoin is adopted by a significantly larger proportion of society than it is now.