Bitcoin machines or bitcoin atms is an internet machine that allows a person to exchange bitcoins and cash. Bitcoin machines are not ATMs in the traditional sense and probably use the wording ATM. Bitcoin kiosks are machines which are connected to the Internet, allowing the insertion of cash in exchange for bitcoins given as a paper receipt or by moving money to a public key on the blockchain.They look like traditional ATMs, but Bitcoin kiosks do not connect to a bank account and instead connect the user directly to a Bitcoin exchange.
So where is this (atms) implemented?
There are in the United States at 1418 locations already with this system. 100 Locations in Australia and so forth. There were 2,008 Bitcoin ATMs as of January 2018 globally. The number of atms used by new company's are growing at a great speed. On January 2016 the number of atms globally was only 503.
So what does this mean for cryptocurrency? It brings more money into the market so with a higher market cap and more global adoption that it also brings it will push the price of bitcoin and its fellow altcions up.
I am not a financial advicor so still do your own research : )
