There was a notable decline in Bitcoin or crypto ATMs, with the worldwide count falling from 39,541 to 32,471 by July 2023. But it seems the tide is changing and there has been an increase in the establishment of more crypto ATMs. Currently, there are 38,279 crypto ATMs, indicating that 5,808 machines have been added over the past 11 months.
Just this year about 2,564 cryptocurrency ATMs have been installed which is above the 2,861 machines removed last year. Bitcoin Depot, Coinflip, and Athena Bitcoin are the major ATM operators and Australia seems to be the country with the fastest growth in Bitcoin installation. Other countries such as Spain, Poland, El Salvador, Poland, Germany, and Hong Kong are also experiencing an increase in Bitcoin installations.
Bitcoin ATM might have its shortcomings but its spread is showing that Bitcoin adoption is growing even in the face of stringent government policies.
Source Source If the number of installed ATM machines increases, that is a good sign for other people to see and have curiosity if they see that there are crypto communities withdrawing because of Bitcoin or cryptocurrency. But the question is, are there really many crypto users who use that ATM?
Maybe later there will be many ATM machines installed, but only a few users will use them. Here in our country, it doesn't seem to have been increased or maybe even removed because I don't hear any news about the Bitcoin ATM machine in our country.