Yes, Cyprus is good PR, but a waste of time. He should flood Spain, Italy, Greece, France and Germany with these ATMs.
The next round of bad news is going to be Australia and the US skimming 401ks/IRAs/retirement annuities, and that noise is going to explode next week.
Do you have a news source on this or is this hypothetical? Not that skimming retirement funds directly instead of just forcing the money inside the retirement funds into treasury bonds would suprise me at this point.
He may yet... Or at least he may aggressively recruit franchisees there... He claims to have "hundreds" of orders from around the world, and he hasn't even finished a working unit yet to my knowledge.
Those "orders" are probably from bitcoiners from around the world mailing him and saying "you should put an ATM on my street, it will be awesome!".
With the number of new bitcoin rich (>1 million USD valuation), neither of are surprising. I think that one of the main things driving the development of Bitcoin is that as the price rises, those people who have an interest in Bitcoin now have capital to work with. It causes a positive feedback loop which I believe is driving the increase in price. With how dispersed supporters are, even if people have selfish motives to have a Bitcoin ATM on their block, this should cause a fairly widespread deployment. Which is a good thing.