US leads the crypto ATM adoption race, first country to surpass 10 ATMs per 100K residents

Due to the fact that cryptocurrencies have been around for a while and have quickly grown in popularity in recent years, they are now regularly seen in the portfolios of both individual and institutional investors. Тhe number of crypto ATMs around us is evidently increasing and they are becoming more widespread and accessible in many countries. Cryptocurrency ATMs are frequently seen as a reliable indicator of a nation’s readiness to facilitate cryptocurrency adoption. Therefore, the analyst team at BonusInsider decided to find the countries with the Highest Number of Crypto ATMs per Capita. We combined data from Coin ATM Radar with population data from Worldometer to calculate the number of crypto ATMs per 100,000 people.

ATM’s in the US

It’s hardly surprising that the US leads the list with nearly 90% of all cryptocurrency ATMs installed worldwide. The number of ATMs in the United States is 33,948, which equals 10 ATMs per 100,000 people. Leading the way is Los Angeles with over 2,000 operating crypto ATMs, followed by Houston, Chicago, and Dallas with roughly 1,200 each.

ATM’s in Canada

Canada is rumored to have the potential to be the next best place to dig for crypto and with 7 ATMs per 100,000 people (2,652 for the entire country), it takes the second position in the ranking. The highest concentration of crypto ATMs is along the Canada-US border, with a huge percentage in Toronto – 941 crypto ATMs.

ATM’s in El Salvador

El Salvador ranks third with 212 units and 3 ATMs per 100,000 inhabitants. Under President Nayib Bukele, the nation has a pro-crypto government that wants to advance the small Central American nation in this industry. The nation boasts more than 4 million crypto users or almost 60% of its entire population, and BTC has been recognized as legal cash.

ATM’s in Georgia

The former Soviet republic of Georgia is an unlikely entry in this ranking but with 79 crypto ATMs and a population of around 4 million people, it has almost 2 machines per 100,000 residents. Due to a lack of regulation and affordable electricity, crypto mining has gained popularity in the country in the past couple of years. Dozens of crypto ATMs have been installed in recent months, most of which are in the capital city of Tbilisi.

ATM’s in Hong Kong

Although Hong Kong exists as a special administrative region controlled by the People’s Republic of China, experts deemed it worthy of consideration as a stand-alone country for this study. With a population of 7.5 million people, Hong Kong ranks fifth with 146 ATMs or 1.95 per 100,000 residents.

ATM’s in Switzerland

With 156 machines and a population of around 8.7 million, Switzerland comes sixth in the ranking with 1.80 ATMs per 100,000 people. The nation has fair tax rates for cryptocurrencies, sees them as assets, and accepts bitcoin as payment in a bunch of areas.
An intriguing fact is that Zug, a tiny town in Switzerland, is also known as Crypto Valley due to the concentration of blockchain companies there.

ATM’s in Austria

We can discover cryptocurrency ATMs in Austria in 127 places, with about half in Vienna and the other major cities. Despite the significant cryptocurrency fraud at the start of 2018, Austria continues to rank with 1.41 crypto ATM for every 100,000 residents.

ATM’s in Slovenia

A former Yugoslavian republic, Slovenia is a small nation with a population of only 2 million people. Yet, until just a few years ago, it was one of the leaders in cryptocurrency adoption. However, since 2018, banks in Slovenia are no longer allowed to sell crypto since it has not been recognized as a financial product. There are still plenty of cryptocurrency ATMs, 1.2 per 100,000 residents or a total of 25 machines.

ATMs in Slovakia

With 59 crypto ATMs, 23 of which in the capital city of Bratislava, Slovakia is one of the countries with the largest number of units per capita – 1.08 per 100,000 people. The In fact, one of the first permanent crypto ATMs in Europe was installed in Slovakia back in 2013 – the country, along with Sweden and Finland, claims to have been the first in Europe to have a Bitcoin ATM.

ATMs in Puerto Rico

Last on the list with 1 crypto ATM per 100,000 residents is the Caribbean island nation of Puerto Rico. An unincorporated U.S. territory, Puerto Rico is in a worse economic situation than mainland US states. Still, it has a surprisingly high number of cryptocurrency ATMs – 29 units, whereas fewer than 3 million live on the island.

George Maloney, market expert at BonusInsider adds that:

“Growing demand for cryptocurrencies and surge in the number of crypto adopters suggest a shift in the investment paradigm, which Is mostly driven by growing younger population, thereby propelling the crypto atm market growth. It’s noticeable that an increasing number of merchants and other company owners are putting bitcoin ATMs in their establishments as cryptocurrency usage continues to increase around the globe.”

In conclusion, crypto ATMs surely make trading alternatives for users easier, but we shouldn’t forget that they also have the drawback of being increasingly exploited for money laundering.

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How Do You Spend Your Bitcoins? Surprising Answers from Bitcoin Holders

Cryptocurrency adoption has increased over the past few years, and today, it is easier to spend your crypto than ever, especially if you have some bitcoins laying around – or, rather, safely stored in a crypto wallet. Although you can buy almost anything with bitcoin both online and in-store, some people are still struggling to find retailers accepting the valuable coin. And some are wondering what’s the smartest or most appropriate way to spend their BTC.

One early bitcoin adopter decided to buy pizza and ended up making history. In 2010, Laszlo Hanyecz had just mined a novel cryptocurrency and bought two Papa Johns pizza pies in what is considered the first ever recorded real-world transaction using crypto. The price for the pair was roughly $41 or 10,000 bitcoins, an amount which would be equivalent to more than $210 million today (the current rate is appr. $21,060 on CoinDesk). So, would you spend your Bitcoins on pizza?

The BonusInisder team decided to organise a survey through MarketsChain.com platform in order to understand more about the online behaviour of Bitcoin holders. Between 1st and 5th of September 2022 we surveyed 1115 bitcoin adopters from the US to find out how they spend their bitcoins and how many transactions per month they send. Look at the questions we asked and the answers we obtained from the bitcoin holders.

Answer People Percentage
None 379 34%
1-9 435 39%
10-19 190 17%
20+ 111 10%

Answer People Percentage
Speculation 368 33%
Investment 312 28%
Paying for services 178 16%
Covering expenses 123 11%
Buying luxury items 78 7%
Online gambling 56 5%

Answer People Percentage
Only BTC 223 20%
1-3 extra 491 44%
4-6 extra 301 27%
7+ extra 100 9%

The infographic below shows how a selective group of 1115 bitcoin holders spend their bitcoins:

Spend Bitcoin to Earn Bitcoin

Crypto markets have crashed over the past year – bitcoin, in particular, is down more than 50% from its all-time high in November 2021. However, most people still use their crypto to trade. In our survey, 33% of bitcoin holders use BTC to speculate on the crypto markets. They buy and sell other crypto currencies, as well as NFTs.

Now, this is very different than buying goods or services with bitcoin. Speculating on crypto markets comes with its unique risks and experts point out that bitcoin is increasingly acting like a risk asset. Buying and selling NFTs or non-fungible tokens is also a tricky business although it is, for some artists and traders, a hot and very lucrative market.

Bitcoin as An Investment

Remember Laszlo Hanyecz who blew a ton of bitcoins on two pizzas? In an attempt to be smarter, many people believe it is best to store their crypto in a reliable, secure wallet and wait until its price increases significantly. And when it does, they could be millionaires or even better, billionaires.

The survey of U.S. bitcoin holders shows that nearly a third don’t spend their BTC at all. 28% of people keep the currency as an investment. Another 7% of respondents in the survey say they buy luxury items, including jewelry and gold bars. But is keeping BTC really smart?

Around 19.07 million bitcoins are in circulation (as of June 2022) which means that more than 90% of all bitcoins have already been mined. So what will happen to bitcoin holders when we reach the 21-million cap and there are no more bitcoins to mine? Is it better to spend them now or keep them as an investment? Experts believe that we will reach the supply cap around the year 2078, so most people should be safe keeping a bit of crypto in their wallets for the next few years.

Other Ways to Spend Bitcoin

As we’ve mentioned earlier, there are many ways to spend your crypto online or even in physical locations (although this option is still quite uncommon). 16% of U.S. bitcoin holders say they use their BTC to pay for various online services such as web hosting, domains, VPN services, and many more.

Interestingly enough, only 11% of respondents cash out some BTC in order to cover their current expenses. This means that few are using the cryptocurrency as actual money, whether that would include paying bills or buying different goods. Also, 5% of people say they use BTC to gamble online. This is actually one of the best ways to fund your online gambling since paying with crypto comes with no restrictions unlike bank transfers, for instance – some banks would not allow transactions to and from gambling sites. Many customers use Bitcoins to pay at sports betting sites as well.

Data Reveals that 4 of the Most Dangerous Cities in the World Are in the U.S.

A highly developed country, the United States is one of the richest places in the world, attracting thousands of immigrants with great job opportunities, high standards of living, and overall a promise for better life. It is considered one of the oldest and greatest democracies in the world and it ranks high in fundamental measures like economic competitiveness, human rights, quality of life, income, and wealth. At the same time, some of the most dangerous cities in the world are located in the U.S.

New statistics from World Population Review, analyzed by BonusInsider, for the top 50 cities with the most homicides per capita reveal that four of the most dangerous cities in the world are, in fact, within the United States. While the deadliest places outside war zones are, understandably, in poverty-stricken and politically unstable regions such as Latin America and South Africa, these four U.S. entries are quite surprising, to say the least. They include St. Louis, Baltimore, Detroit, and New Orleans, coming at 15th, 23rd, 46th and 50th places, respectively.

The list looks at the number of homicides per 100,000 inhabitants that have been committed within a year. It does not take into account other types of violent crimes such as assault, robbery and rape. It is also worth noting that the top 50 ranking this year is comprised entirely of cities within Latin America, South Africa, and The United States.

Key Takeaways

  • The United States is the only developed economy in the list of the world’s 50 most dangerous cities by murder rate
  • With a homicide rate of 61 per 100,000 inhabitants, St. Louis is the highest ranked city outside of Latin America in the list or the 15th deadliest city on Earth
  • In 2016, St. Louis also ranked first in violent crime and second in property crime in the U.S.

1. St. Louis, MO

61 Homicides

St. Louis has been the murder capital of the United States ever since 2014. It occupies the 15th spot in the list of the 50 most dangerous cities in the world with 61 homicides per 100,000 population. Moreover, in the official FBI statistics, St. Louis ranked first in violent crime and second in property crime across all U.S. cities with populations over 100,000 or more in 2016.

According to the FBI archive for 2016, 6017 violent crimes were committed in the city. This includes murder and nonnegligent manslaughter, rape, robbery, and aggravated assault. The data shows that 188 people were murdered that year.

However, an important factor should be considered when comparing murder rates for certain cities in the United States, including St. Louis. It is the second-largest city in the state of Missouri with a population of around 305,000 but its metropolitan area is home to nearly 3 million people – ten times more. Sometimes, crimes in the metropolitan area are recorded in the city or vice versa, fewer crimes may be recorded inside St. Louis city limits.

2. Baltimore, MD

51 Homicides

Notorious for its extremely high crime rates compared to the national average, Baltimore also ranks as the 23th most dangerous city in the world with 51 homicides per 100,000 population. As in most cities in the U.S., crime is concentrated within several neighborhoods ridden with poverty, drug gang activity, and violence. Historically, West Baltimore has seen the most crime problems but in 2016, the Coldstream Homestead Montebello neighborhood in Northeast Baltimore was the deadliest neighborhood – one out of every two shootings was fatal, compared to the city average of one in three.

The record homicide rate was set in 2015, when Baltimore had the highest homicide rate in its history – 52.5 per 100,000 people or 344 homicides. Of those, the vast majority, or 321 (93.3%) of the victims were African-American. Poverty and organized crime have been responsible for a lot of the violence in the city but another major problem for authorities in recent years has been drug use. According to the Drug Enforcement Administration (DEA), 10% of Baltimore’s population is addicted to heroin.

3. Detroit, MI

39 Homicides

Detroit has also been widely known for decades for its high crime rates, which peaked in the 1980s and have ever since gradually decreased. The problem has been so widely publicized that in 2012, the media reported Detroit drivers had to pay more expensive car insurance due to the extremely high crime rates. Interestingly, since 1996 when the city legalized gambling and introduced casino gaming, the crime rate has dropped by 24 percent, according to the Crime Analysis Unit of the Detroit Police Department.

Homicide rates, however, have remained high for the most part, at least when compared to the rest of the country. The city recorded the highest number of murders in 1974 when 714 people were killed. A second peak followed in 1991 when 615 homicides were committed. Latest data shows Detroit has a murder rate of 39 homicides per 100,000. This makes Motor City the 46th most dangerous city in the world by homicide rate per capita.

4. New Orleans, LA

37 Homicides

Famous for its distinctive culture, Creole cuisine, and the Mardi Gras celebrations, New Orleans is one of the most preferred tourist destinations in the U.S. However, it also has a rate of 37 murders per 100,000 inhabitants. This makes it the 4th deadliest city in the country and the 50th most dangerous city in the world.

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Recent Data Reveals The 10 Most Dangerous Cities in the World to Live in 2022

There are endless sources of inspiration for travelers nowadays and with pandemic travel restrictions having been largely lifted, you can explore nearly every corner of the world. There are still places rarely anyone would like to visit, and for a very good reason – they are the most dangerous countries and cities on Earth. 

While destinations ruled by highly repressive regimes such as North Korea or war-torn states like Ukraine and Afghanistan are obviously unsafe for locals and tourists alike, many cities in otherwise conflict-free countries might be even more dangerous. Mexico, the leading destination for international tourists in Latin America in 2019 and 2020, has five entries in the list of the world’s ten deadliest cities in 2022. It was visited by 24 million people in 2020, far more than the number of arrivals recorded by the second country, Puerto Rico, which attracted only 2.5 million international tourists. Moreover, Mexico’s Tourism Ministry (Sectur) reported the arrival of nearly 10.27 million international tourists in the first half of 2022, an 83% compared to the same period last year and up 1.5% compared to pre-pandemic numbers in 2019.

Yet, data published earlier this year by the World Population Review and analysed by BonusInsider shows that Mexico is an extremely unsafe country both as a place to live in and a tourist destination. The Mexican city of Tijuana is named the world’s most dangerous city in 2022 with the highest murder rate per capita. The latest ranking of the most dangerous cities in the world includes 50 cities, with all entries in the Top 10 being in Latin America. The list ranks the cities based on homicides per 100,000 inhabitants, a standard statistical measurement that is used to compare cities, nations, etc. with different population sizes.

Key Takeaways

  • 5 of the 10 most dangerous cities on the planet are located in Mexico
  • A popular tourist destination (especially for U.S. travelers), Tijuana has the highest homicide rate per capita in the world. An average of 7 people were murdered every day in 2018 in the city
  • Caracas remains the most dangerous capital city in the world with 100 murders per 100,000 inhabitants

City Murders per 100k Population

These are the ten most dangerous cities in the world to live in (or visit, for that matter) in 2022 based on the most recent murder rates per 100,000 inhabitants.

1. Tijuana, Mexico

138 Homicides

With 138 homicides per 100,000 citizens reported, the resort city of Tijuana is the most dangerous place in the world. It sits on the border with San Diego and attracts thousands of US tourists every day with its fascinating souvenir shops, bars, and the red-light district. But along with the cheap shopping and attractive drinking age of 18 (versus 21 in neighboring San Diego), Tijuana has a much darker side – it is a lucrative drug trafficking route and home to some of the most powerful drug cartels in Latin America.

In the past decade or so, the city has become a battleground for several rival gangs. The average number of homicides has been 2000 per year in the past few years. Baja California prosecutors say that so far in 2022, 882 murders were recorded. The most violent month was June – at least 196 people were killed, or an average of 7 per day.

2. Acapulco, Mexico

111 Homicides

Acapulco is Mexico’s largest beach and spa resort and was once a popular holiday destination for Hollywood stars and millionaires from the US. Its reputation drastically changed over the years due to the increasing poverty and unemployment both in Acapulco and within the wider region. 

It should not come as a surprise, then, that it enters the list of the deadliest cities in the world to live in 2022 – the upsurge in drug trafficking and gang-related crime has turned Acapulco into Mexico’s murder capital. Shocking data shows 111 murders per 100,000 people. The violence seems to be escalating even more – in the first seven months following the election of Evelyn Salgado Pineda as the new Governor of the state of Guerrero, 645 intentional homicides were registered in the state according to the Executive Secretariat of the National Public Security System.

3. Caracas, Venezuela

100 Homicides

Caracas, the capital and largest city of Venezuela, has one of the highest per capita murder rates in the world – 100 homicides per 100,000 inhabitants. Even more chilling fact about the city is that most homicides and other violent crimes go unsolved. Furthermore, data for the murder rates in the country is usually published by non-governmental organizations since the Bolivarian government has denied access to homicide statistics for more than 17 years.

Although Venezuela has the largest oil reserves in the world, due to ineffective policies over the past decade it currently struggles with hyperinflation, extreme poverty, shortages of basic goods, malnutrition, and a high child mortality rate. With high rates of corruption and severe crime, it is no wonder why Caracas is often named the city with the highest homicide rate in the world outside of a warzone.

4. Ciudad Victoria, Mexico

86 Homicides

Home to a little over 300,000 people, Ciudad Victoria is the capital of the Mexican state of Tamaulipas on the US border. It has a homicide rate of 86 per 100,000 people. The city has seen a surge in violent crime rates over the past couple of years – armed robberies, assaults, and homicides have become common, along with the more “mundane” drug trade, corruption, and kidnappings.

In January 2021, Mexican police found 19 shot and burned bodies near Camargo, a small locality in Tamaulipas. In addition, hundreds of people, mostly truck drivers, have disappeared or have been killed on the highway connecting the states of Nuevo León and Tamaulipas. The 219-kilometer highway near Ciudad Victoria, which reaches the United States, is an important route for organized crime and drug trafficking. According to the Comisión Nacional de Búsqueda 71 people went missing there between October 2020 and June 2021.

5. Ciudad Juárez, Mexico

86 Homicides

With 86 homicides per 100,000 inhabitants, Cuidad Juárez is yet another Mexican city to appear on this list. It sits on the Rio Grande river and is home to 1.5 million people, which makes it the most populous city in the state of Chihuahua. Although Cuidad Juárez is a major manufacturing center, it is also among the world’s deadliest places to live in and visit. 

The city has been struggling with organized crime, mass killings, and wars between narco cartels where, often, innocent bystanders get caught in the crossfire. Cuidad Juárez is also known as being extremely unsafe for women, in particular, who have been victims of human trafficking, violence, sex abuse, and murder. According to some estimates, around 500 women have been killed in the past couple of years. 

6. Irapuato, Mexico

81 Homicides

Known as an agricultural and livestock-raising center, Irapuato is sometimes referred to as the World’s Strawberry Capital. However, it also has a murder rate of 81 per 100,000 people, so most tourists would probably prefer to stay away from its delicious fruits among other things. The increased criminal activity and the killings are usually caused by turf wars between the Santa Rosa de Lima Cartel and the Jalisco New Generation Cartel.

Cartel violence has soared in the past few years, leaving dozens of dead and injured following bloody gang wars. In the summer of 2020, two cartel-related massacres were committed in drug rehabilitation centers in Irapuato, with at least 38 killed in the shootings. Unable to put their trust in the police due to high corruption rates local people created a protection group called Justicieros De Irapuato in the aftermath. 

7. Ciudad Guayana, Venezuela

78 Homicides

Ciudad Guayana, a sprawling city with a population of around 950,000, is one of the most strategic cities for Venezuela. It sits on the south bank of the Orinoco River and has the most developed industry in the country. Still, the severe Venezuelan economic crisis has had its impact even here, resulting in increased unemployment, poverty, and crime rates.

Violent crime is of particular concern, especially when authorities do not do enough to prevent it or protect the people. The latest stats show a homicide rate of 78 per 100,000 people but the actual numbers might be even higher considering the rumors that police often cover up incidents where victims have suffered violent deaths. Their families are sometimes “advised” not to reveal information that could be viewed as sensitive by authorities. 

8. Natal, Brazil

75 Homicides

For years, the coastal city of Natal has had a reputation for being one of the safest places in Brazil. It is the capital of the state of Rio Grande do Norte and has a population of nearly one million. Although the city was, indeed, one of the most popular tourist destinations in the country, this changed in the past 15 years – the murder rate for the state increased by a staggering 655%. 

In 2017, at least 30 people were killed in a prison riot in the State Penitentiary of Alcacuz in Nisia Floresta near Natal. The incident was just one of the many violent attacks over a two-week period that ended with a death toll of 140. According to the most recent data, there were 1185, translating to a murder rate of 75 per 100,000 people. 

9. Fortaleza, Brazil

69 Homicides

With a population of more than 4.1 million, Fortaleza is one of the largest cities in Brazil. It is also among the most dangerous places to live in or visit in the world – more than 2700 people were killed within a year, according to the latest available stats. This means that the city has a homicide rate of 69 per 100,000 inhabitants. 

Along with armed robberies, assaults, and kidnappings, drug gang conflicts also plague the city. When President Jair Bolsonaro was elected in 2019, he declared a much-publicized war on crime, promising to eliminate prison gang factions. This resulted in a large number of attacks across Fortaleza, including the torching of cars, buses, and mail trucks. Gang members attacked banks, a bridge, and city government buildings with petrol bombs and explosives.

10. Ciudad Bolívar, Venezuela

69 Homicides

The last city on this list is the capital of Venezuela’s southeastern Bolívar State. Ciudad Bolívar is an important river port, laying on the Orinoco River, and is home to nearly half a million people. Semi-official statistics and media reports alike paint a sad picture – crime rates have increased significantly in recent years as a result of the general unsafety in the country, the rising levels of poverty and inequality. 

The city, as well as the state of Bolívar, has attracted armed groups and mega-gangs who now control the local mines and businesses, using bribes, extortion, and violence. Currently, there are at least seven different groups of guerrillas, garimpeiros (independent prospectors for minerals), and criminal syndicates whose criminal activity includes the trafficking of minerals, drugs, and arms. Violent crimes and homicides are also common, with a murder rate of 69 per 100,000 people in the city of Ciudad Bolívar.

Looking at the ten deadliest cities on the planet, we can say for sure that Latin America is, indeed, the most dangerous part of the world. The numbers and stats may change slightly each year but it is easy to see the larger trend – economic hardships and political unrest fuel criminal activity and violence. And while inhabitants of these dangerous cities have little choice, tourists should try to avoid visiting these places altogether. Dark tourism might have existed forever but tourists are particularly vulnerable and can become easy victims of theft, scams, and even violent crimes.

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