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. I just really thought I would see more in heavily populated
areas. Why do you guys think there isn't many out there still? I know the one
I saw in California had ridiculous fee's but I think people still used it a lot.
One of the important reasons why atm are not popping up are because they have high fees and another more important reason is because near them are security cameras which is not good for privacy of the bitcoin users.
Exactly, there is very little need to use Bitcoin atms because of the high fees relative to a lot of the other exchanges, and there is a lack of user privacy, especially with the atms, due to the cameras and ID and various other information that is required by the company that owns the exchange in order to make a proper transaction occur. I'd rather buy locally from someone on localbitcoins, or, at the very least, buy from someone online.