There are now more than 10,000 Bitcoin ATMs

By Permabull | Permabull | 17 Sep 2020


Checking CoinRadar today, I've realised we have now more than 10,000 Bitcoin ATMs (read BTMs) in the world.The number of the machines where you can change your cash for Bitcoins and back is up 170% since the beginning of this year only. To cross this 10K milestone it took us seven years bud I'm pretty sure we'll be crossing 100K milestone even sooner than seven years.

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The world’s first Bitcoin ATM opened in 2013, in Canada’s capital Vancouver. But it’s the US that’s the undisputed leader when it comes to installations, followed by Canada, United Kingdom, Austria and Spain. The rest of the Top10 countries is Switzerland, Italy, Czech Republic, Poland and Greece.

 

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And the current rate of installing a new Bitcoin ATM?

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Almost 20 per day! Let that sink in, you'll soon understand why am I so bullish these days. If you're not, check this couple of news articles from this week:

MicroStrategy (NASDAQ:MSTR) Just bought additional 16,796 Bitcoins

Kraken Wins Bank Charter Approval

 

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Permabull
Permabull

Saw crypto as a way to make some cash, a get rich quick scheme. Learned about the tech and will stay in forever. Watching the GOV spending in 2020 made me realise how fiat is controlled way too much and becoming worthless be a minute. Bitcoin for the WIN!


Permabull
Permabull

Born to be bull.

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