Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATMs normalizing Cryptocurrency
by
DdmrDdmr
on 30/01/2020, 09:57:56 UTC
The growth of Bitcoin ATMs worldwide has gone from 4.090 (January 2019) to 6.708 (January 2020), which represents an increase of 66,21%. Nevertheless, the core volume still resides in the US:

US (gone from 2.295 to 4.535 in a year – up 97,60%)
Canada (gone from 615 to 682 in a year – up 10,89%)
UK (gone from 201 to 283 in a year – up 40,80%)
Austria (gone from 257 to 175 in a year – down 31,90%)
Spain (gone from 61 to 71 in a year – up 16,39%)
Switzerland (gone from 46 to 84 in a year – up 82,61%).

Data derived from https://coinatmradar.com/charts/growth/

It’s not that big a thing really, but rather much more of a niche product (as opposed to a do-it-yourself approach on an exchange), and as such, with a limited scope of reach. Whether the numbers will rise wildly and the geographical scope further extended is yet to see, and will largely depend on how thing progress (usability, usage, legislation, costs, KYC, anonymity, etc.).