Number of BTC ATMs is unquestionably increases every day, but when you look at map of available ATMs approximately 2500 of the total 3100 is located in North America, 1972 in USA and 535 in Canada. I think that this fact speaks for itself, we are far away to see much better coverage in other part of the world. For instance one small European country Austria have 178 locations, and so-called most friendly county Japan only 11 locations.
Yeah, it kind of destroys the myth of China being the largest country by
BTC usage, isn't it?
You can fake trade volume but you can't fake stores accepting
BTC or ATMs in service.
When trading was allowed in China they fake volumes, this is true,.But since they ban trading and stop to be friendly even to miners, they are not more important, only thing they are interested now is blockchain. What is more interesting is that in a way of crypto ATMs USA&Canada are far away from others, and by that myth that Japan is most friendly country in the world is not so true. Maybe they are by the regulation, but by interest of people certainly not.
Thats the sad reality,though in Asia specifically philippine has two Bitcoin ATM that located in Baguio city and Makati city.but this is not enough places if our target is to spread this crypto community to the world.
I hope that this continuously increasing of machinery will spand into other countries not just in fewer location,and i think they must be in strategic locations
I do not know is it due to that cryptocurrency is not regulated in Asia or just there is no interest from people, but I read that investing in one ATM can pay back in 3-6 months because buying/selling crypto on ATMs is usually the most expensive and most unfavorable solution for users.