From 1,930 to 14,173, stats from Coin ATM Radar shows that there is a near 10 fold increase in number of Bitcoin ATM installed within 3 years since 2018.
What’s behind the figure?
As shown in slide #3 of https://lnkd.in/gzJckJH
This is a form of bridging between the fiat and the crypto world.
Bitcoin ATM, Bridging Two Monetary Worlds
It’s part of ripple effect or spin off industry / business brought by blockchain revolution, standing between two worlds of fiat and crypto currencies.
Would it still exist once everybody go digital and the prophecy of putting a bank in everybody’s phone fulfilled (if)?
Another interesting space to watch.
It’s a blessing that we are sitting at the front row and watching how history unfold itself.
p/s: Just wondering, according to coinatmradar.com, #Singapore got 9 bitcoin ATM, even in #Phuket as a tourist hot spot. But non shown for #Malaysia?
