Web3 Daily

View Original

Onboarding Your Dad to Crypto Just Got Easier

See this content in the original post

TL;DR

  • After a reduction in global installations post the dumpster fire that was 2022, Bitcoin ATMs are about to reach their all-time high installments again.

Full Story

This ones for your dad.

Wait — no! Don’t leave!

That wasn’t leading to an insult. Our intentions here are good. Swear!

Here’s what’s happening:

After a reduction in global installations post the dumpster fire that was 2022, Bitcoin ATMs are about to reach their all-time high installments again.

We know, we know — who cares!?

Well, as we said at the top, your dad (probably).

You know why Apple made its early app icons resemble real-world things? It was because initially, no one really knew what a smartphone was, or how the new applications installed on it related to their existing behaviors.

(E.g. The news stand app ☝️).

What’s more familiar to pretty much anyone that isn’t crypto-savvy, and/or Gen Z?

A) A crypto exchange app where you’re required to add all sorts of personal information, before being confronted with hundreds of different crypto tokens?

Or

B) An ATM, where there’s one withdrawal option (Bitcoin), and works similar to a cash ATM?

Crypto ATMs may not be relevant to everyone, but they’re an important function in creating a broad crypto adoption spectrum.

(Heck, if we had have had a Bitcoin ATM in close vicinity to us back in 2017, you better believe we would have taken that option).

We love to see it!