Bitcoin is a digital currency that is decentralized with no regulatory control. Over the years a number of Bitcoin ATM boot have sprang up in some developed and emerging economies. Since bitcoin is a digital currency I don't understand the rationale behind the creation of bitcoin ATM with so many crypto exchanges around the globe.
Now which organisation is responsible for the setup of this ATM machine? What is the benefits of having a bitcoin ATM in Nigeria?
Having bitcoin ATM's in Nigeria could be awesome and a step in the right direction for Africa as a whole. If acceptance for bitcoin and other cryptos is increasing expanding, having ATM to that effect would enhance transactions. Banks introduced ATM as a solution for queuing, hence having bitcoin ATM would also reduce traffic and increase awareness