As the rate of Bitcoin ATM increased it has become evident that holders of Bitcoin can spend their Bitcoin at any shops or outlet, this give Bitcoin the mainstream adoption and the rate of Bitcoin ATM increase to a very high and the previous year 2021 saw where bitcoin ATM we're installed in gas stations and now pos outlets now accept Bitcoin debit cards for various transactions/payment. About 20,000 Bitcoin ATM was installed in 2021 and that has not stopped as the have been an installation of over 3,000 Bitcoin ATM in the first quarter of the year 2022. This data was show on the news:
https://news.bitcoin.com/tracker-shows-close-to-3000-crypto-atms-were-installed-in-2022s-first-quarter/This would be a great initiative from bitcoin supporters around the world, in my own location there are couple of Bitcoin ATM installed late last year and this year.
so with all these thousand of new ATM having in various strategic locations , I'm sure the demand and circulation will increase and will have the best result in this whole year alone.
Thank you for this trivia.
Once we have more and more bitcoin ATMs installed in first-world countries, there are higher probabilities that the under developed countries will follow the same practice. However, only those county can install these public ATMs where the government have no problem with these installations. If bitcoin is not legal in any country, there is no way we can see those machines in those countries. Making bitcoin legal in countries is the first major sign of bitcoin adoption.
That's a good thing if ever the first-world countries initiate first to installed ATMs of bitcoin which I believe will provide a higher possibility to boost the bitcoin adoption all over the world. Here in my country, I haven't seen any bitcoin atm machine existing so far which of course I am looking forward to seeing it here in our country available. But now, since it is not yet accepted as a legal tender hoping that bitcoin atm will be possibly be installed in our country is so far impossible.
it is always best for improvement , because we are in the world now in which online payment will be on the table and we need more ATM's for best result on this .