Cryptocurrencies, evidence of sustained growth.
Cryptocurrencies and the world of blockchain are having a steady growth marching with firm steps towards the establishment of a blockchain-based economy. There is much evidence to prove the truth of this statement, the different projects that are still emerging, the big companies interested in establishing blockchain business.
Obvious growth.
One of the clearest evidence of the growth of the crypto industry is the proliferation of ATMs to carry out transactions with BTC and other cryptocurrencies worldwide, this area has had considerable growth in the last year, which allows us to deduce that we are in the face of sustained growth in cryptocurrency.
According to studies conducted by Coin ATM Radar reveals that at this time more than 6,300 ATMs have been installed worldwide something that was really unthinkable a few years ago, however, this is still increasing and it is expected that in the coming months others will be installed ATMs including Venezuela.
Venezuela case.
Venezuela, a country that has become famous for the high volumes in transactions with BTC, which has broken the transaction brand through LocalBitcoin on several occasions is seeking to position itself among the Latin American countries with more ATMs of this type, in Venezuela 6 are currently operating ATMs counting mobile ATMs that operate within the country.
It is expected that in the coming days 2 more ATMs will be installed that would bring the number of ATMs to 8. The popularity of cryptocurrencies in Venezuela and the world continues to pave the way for mass adoption.
Cashiers in the world
As mentioned earlier, more than 6,300 ATMs are already operating worldwide, a figure that continues to increase and is distributed as follows: the list is led by the United States with 4,700 installed equipment, followed by Canada with 756, United Kingdom 302 and Austria , which has 172.
In the case of Latin America, Mexico and Argentina have 11; Dominican Republic with 13; Panama 16 and Colombia, which leads the region's ecosystem with 56 ATMs to date, 6 are operating in Venezuela, including mobile teller machines and two that are in the process of being installed, 80 teams operate in Spain, Asia has 132, the continent where There are fewer ATMs in Africa, 11 devices are in that region. Of these, almost half are in South Africa, with 5. The other country with more than one ATM is Ghana, which has 2 installed.
Conclusions.
The growing number of ATMs is one of the evidences of the growth of this industry that seeks to establish a blockchain-based economy, cryptography is advancing rapidly and we are lucky to be here to enjoy this growth.
I think that many joys await us in the future, as this technology develops, we must be wise to be able to promote and help the mass adoption of cryptocurrencies.
Let me know your opinion about this topic and share your point of view as specific facts that show the growth of the blockchain-based economy.
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I did not know that there were more cryptocurrency ATMs available, I remember writing long ago when they installed the first and second, but now I read that we are almost 8, I like that the crypto economy advances and I hope it is of benefit to the greater amount of people that can.
Hello friend @pedrobrito2004, thanks for your comment.
This is progressing fast friend, there are very large investments in this business and while generating great profits then many more investors will come to put their money on blockchain.
I tried asking someone to use a bitcoin ATM for me sometime back but the fee was ridiculous but it is good that cryptocurrency is going on the increase.
@tipu curate
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My regards, brother @fucho80.
Positive reading!
The use of cryptocurrencies is increasingly related to our daily activities.
Is there anything more common than using an ATM?
Well, now you can not only get Fiat, but also crypto.
Crypto-based debit cards are also a reality as well as smart outlets.
We are living the future.
Thanks for sharing.
Hi @fucho80
Good friend for Venezuela. However do you know where it is worth installing?
Excellent post, all this information shows how little by little Venezuela is walking in this area of cryptocurrencies
I game a lot of confidence in the reliability of crypto and its long-term future this year. I was always a bull but I can really see how things are going to turn out in practical ways. Indeed, the Venezuela use cases are going to lead the way over the next few years.
hi @fucho80
Very interesting post. Could you please inform me where the ATMs are in Venezuela? I think a lot of people are interested in knowing about this.
It is very good that movement is being seen in this regard in Latin America, because it indicates that these stakeholders and that the doors to this market and new technologies are being opened.
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