The problem is they were never actually ATMs, just glorified one-way kiosks. It would be one thing if they were actually convenient to cash out your BTC on demand. Instead they were majority used by scammers to trick people who have no idea what they are doing. So banning makes sense tbh
The AI buildout is absorbing capital at historic scale, creating temporary pressure across global markets. That does not weaken Bitcoin. It strengthens the case for scarce, liquid, digital capital. Bitcoin remains the premier asset for the long term. $BTC
Many Bitcoiners are upset and beefing with each other. I suspect root cause is the bear market combined with TradFi markets experiencing an AI boom. Folks want a scapegoat for disappointing returns.
BTC could have been more interesting but devs were told we had to ossify...
Bitcoin history: In 2016, small blockers promised Lightning Network was "just 18 months away" to scale Bitcoin payments.
Big blockers disputed this as gaslighting & avoiding a known, clear, immediate solution (blocksize increase).
It appears LN is still only 18 months away.