Cryptocurrencies
What Crypto's Decline Means for the Future of Bitcoin ATMs (Podcast)
There once were more than 34,000 BTC ATMs. But they’ve begun to decline as Bitcoin prices drop.
A Bitcoin ATM at a gas station in Washington, DC.
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
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Bitcoin ATMs could be considered symbolic of the state of crypto’s popularity. During the digital-asset boom they kept appearing in what could reasonably be considered unusual locations, such as Amherst County, Virginia, a place that has no hospital but does have a Bitcoin ATM. Just in case.