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Author Topic: Three thousand Bitcoin ATM Installed In first quarter Of 2022  (Read 470 times)
Cling18
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April 07, 2022, 03:30:16 PM
 #41


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.

Lucky are those countries that have Bitcoin ATMs installed and ready to use by most crypto users for they will be able to use their Bitcoins without any hassle. It will surely be another reason for more people to adapt and use Bitcoin as a currency. I hope that more countries would also experience using Bitcoin ATMs in the future because it would really cause convenience for all of us.
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April 17, 2022, 04:25:04 AM
 #42

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/

Bitcoin integration does not depend on the number of ATMs. The most important thing is the BTC integration of bank payment for companies and individuals, not cash.
uelque
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April 17, 2022, 11:35:58 AM
 #43

This is good news. Knowing thousands of bitcoin atm machines has been installed only in the first quarter of 2022 means there are more to come on the next quarters. And I'm proud that my country also have this in the city despite of being classified a third world country. And I'm sure that sooner or later we can finally see a world where large percentage of people are into bitcoin or other cryptocurrencies. Probably the right time to add more bitcoin.
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April 17, 2022, 09:07:07 PM
 #44

3000 bitcoin ATMs installed since 2022 is not such a small number of course this is very much awaited by bitcoin miners and hopes that the following years will increase the number of bitcoin ATMs, which indirectly makes bitcoin more popular and so many favored by miners and the public.we really hope that bitcoin ATMs can be added again in the following years

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April 18, 2022, 05:34:14 AM
 #45

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 .

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April 18, 2022, 01:22:12 PM
 #46

Wow that was amazing information about the Bitcoin development despite all of the attacks on Bitcoin and hostile regulation issues Bitcoin and the crypto industry manage to expand their services Imagine another three thousand Bitcoin ATMs were added for me that's living proof and testament for a continued Bitcoin and cryptocurrency development and I hope it will continue further.  
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May 09, 2022, 08:23:28 PM
 #47

()
Bitcoin adoption hasbeen on a steady rise lately even though we have not seen much positive growth in the price of Bitcoin lately with Bitcoin having a six weeks downtrend in Bitcoin price, Bitcoin development has seen significant growth with new Bitcoin ATMs and POS which provide easy gateways. for Bitcoin transactions in other to aid p2p payments.
And also we saw how Bitcoin miner's activities have increased which is evident with the recent harsh rate all-time high which has happened consistently which indicate that miners' activities are growing despite the many regulations and attack with a ban on mining and the proposed movement from proof of work to proof of stake which many sees as a set back to the original content of Bitcoin. That being said Bitcoin has gained a wide range of publicity lately and that is what increases the number of Bitcoin services such as the ATMs being installed all around.

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