US controls 66% of Bitcoin ATM's globally, 'Millennials' fuel the rise

The United States has the controlling share of Bitcoin ATM's worldwide.

@JakConnorTT

Published Jan 11, 2020 2:16 AM CST
Updated Nov 3, 2020 12:45 PM CST

45 seconds read time

A new report has indicated that the United States controls the lions share of Bitcoin ATM's globally and that the push into decentralized monetary solutions is being forced by millennials.

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According to a recent report from LearnBonds, at the moment there are 4274 Bitcoin ATM's located in the United States. On a global scale, there are 6454 Bitcoin ATM's, meaning that the United States currently holds 66.2% of all Bitcoin ATM's globally.

So how do other countries shape up to that number? The United Kingdom only has 283 ATM's, Australia has 184, and Switzerland has 84. The report also covered an overview of the Bitcoin community and broke down engagement data into age metrics. The data indicates that millennials (25-34 years old) are 46.32% of Bitcoin community engagement, while individuals aged between 35-44 years occupy the second position at 26.76%. "From this perspective, it shows that the millennials are the driving force for the adoption of decentralized solutions."

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The Bitcoin Standard: The Decentralized Alternative to Central Banking

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NEWS SOURCE:learnbonds.com

Jak Connor

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.