Crypto mainstream adoption: Is it here already? Experts Answer, Part 3


Sebastian
is
the
chief
strategy
officer
at
Coinsource,
a
Bitcoin
ATM
provider
in
the
United
States.

“In
2022,
we
expect
more
countries
to
follow
El
Salvador’s
lead
and
adopt
Bitcoin
as
legal
tender,
particularly
countries
across
Latin
America
and
Asia.
As
a
result,
we
anticipate
an
increase
in
the
number
of
Bitcoin
ATMs
across
Latin
America,
and
also
in
Europe.
As
new
countries
adopt,
it
is
likely
U.S.
dominance
in
the
crypto
industry
will
be
reduced.

Regulation
of
crypto
will
continue
into
2022,
which
is
generally
a
good
thing.
However,
it
must
be
reasonable
and
fairly
applicable
to
all.
We
have
the
potential
to
solve
compliance
in
many
of
the
protocols
once
and
for
all,
so
we
need
to
double
down
on
this.
The
industry
is
on
a
good
path
to
increase
the
standards
by
which
it
measures
compliance,
but
there
needs
to
be
a
dialogue
between
experts
on
both
sides
of
the
regulatory
debate.

Nefarious
activity
within
the
crypto
space
has
been
on
a
steep
decline
for
several
years
now.
Alignment
on
regulation,
such
as
in
the
EU
with
MiCA,
will
create
a
level
playing
field
that
will
allow
for
continued
growth
in
the
long
term.
We
hope
the
U.S.
will
soon
follow
in
providing
regulatory
clarity
and
guidelines
that
will
keep
it
on
foot
as
a
key
hub
for
global
crypto
innovation. 

We
have
witnessed
huge
growth
within
the
Bitcoin
ATM,
or
BTM,
industry
in
2021,
with
global
installations
up
by
70%.
We
do
not
see
this
slowing
down
any
time
soon.
With
so
much
activity
in
the
market
and
the
strong
demand
for
BTMs
from
all
sorts
of
known
and
new
target
customer
groups,
we
believe
that
the
BTM
space
will
continue
to
grow
at
a
similar,
or
even
faster,
rate.
It
is
projected
that
the
number
of
BTM
installations
will
hit
100,000
by
2025,
and
we
would
say
that
this
is
a
conservative
estimate.”

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