The charming normality of adoption
Normality can be defined as "the condition of being normal" or "the state of being usual, typical or expected".
How can this be related to Bitcoin (BTC)?
In yesterday's post we learned that in certain countries, owners of Bitcoin or similar cryptocurrencies are more common than in others. We are far from widespread adoption, but the process seems unstoppable.
We dream of a world where fiat money is needed less and less and we can pay with crypto or use BTC as a store of value (huge or small). In an ideal world like this, we could easily find Bitcoin ATMs (Automated Teller Machines) in our cities and holders of debit or credit cards would be enabled to purchase or sell Bitcoin.
In mid-2018, the two main manufacturers of Bitcoin ATMs were Genesis Coin (33%) and General Bytes (27%). The United States is the country where 74% of the world ATMs are concentrated.
This chart shows the growing number of ATMs worldwide between 2016 and 2018 (October):
I'd also love to see a chart of the usage of these ATMs.
maybe there is a statistic somewhere!
Adoption better hurry up cause I want my freaking lambo!
you surely have a very respectable reason :)
Driven by the desire for a lambo, debatably respectable :p
let's open the debate :)
Lambo and moon are always good reasons lollll
Where we are now, early stage or mid early stage of adoption.
I think mid-early stage of adoption. Unfortunately it is a marathon and not a sprint
Bitcoin ATMs are worthless i guess. Every trading procedures can be done through our smartphone anyway.
sometimes I find myself in the need of buying something with old fashioned despicable fiat money so I could use an ATM giving me fiat in exchange for some satoshi
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