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Re: People commenting on the first page without having read the previous posts.
by
Don Pedro Dinero
on 04/07/2024, 13:49:18 UTC
I had locked this thread, but I thought I'd rather unlock it than create a new one. I just came across another example.

The number of Bitcoin and other crypto ATMs has kept increasing this year.

It is clear what the title means, isn't it? Let's look at the OP:

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

I have bolded something that doesn't add up. 2.564 is not bigger than 2.861 obviously and it is something that nobody has commented on. But if you look at the first comment:

This will happen for now because of some reasons I want to highlight here.

1. Bitcoin transaction fee with using its ATM is high and many will rather consider the comfort from their mobile device than using the ATM machine for making a transaction.

2. We can also consider the adoption and regulations over bitcoin and crypto at large by some countries as one of the major determining factors hindering the demand for the use of bitcoin ATM as some may require government approval before installation and do on, but only for countries like El-Salvador and others where Bitcoin is being supported by the government may have increasing demands on the use of bitcoin ATM.

You haven't even heard what the title says or what the OP says, you probably looked at the first paragraph that talks only about the decline in 2023 and ran to write the rubbish. Of course, no one who has commented on the first page has called him out.

Business as usual, I suppose.