Thanks to the innovation by an anonymous individual known to the world only by the pseudonym Satoshi Nakamoto, the world got a game-changing currency. Bitcoin, the modern digital currency and an interesting one, is one of its kind to be created by people and not banks.
This means, no banks are involved in bitcoin transactions. Perhaps this is what makes it special. Or maybe the fact that it requires nothing but a phone and a digital wallet for transactions. Or maybe both.
Bitcoin was conceptualized in 2008, but it came to be used only from January 8, 2009. Since then, this cryptocurrency slowly climbed the ladder of success. In 2017, its value grew by thousands. By March 2021, it was valued at more than $60,000!
Attractive features of bitcoin
- You can easily create a bitcoin account within minutes. No credit checks, no paperwork, no fee.
- Bitcoin ATMs are mushrooming all over the US and outside. You hardly should face a problem finding an ATM near you.
- This cryptocurrency works in a decentralized fashion. All transactions are recorded. You can verify them anytime.
- You can deal with bitcoin anonymously. No wonder about this, the creator of this currency himself is anonymous till date!
- Banks want to know everything about their customers, including personal details, address, financial history, capital management, and others. Bitcoin wallet does not ask you such details. That’s why it is easy to be anonymous.
- Bitcoin investments give you access to fast installments.
- This digital currency is non-repudiable. When you transfer a bitcoin to another, you cannot get it back unless they return it to you. This provides a kind of safety to the transaction. The recipient cannot claim they did not receive the money.
With the growing popularity of this cryptocurrency, simply typing “bitcoin ATMs near me” can give you the location of a machine nearby.
ATMs for bitcoin
Bitcoin Auto Teller Machines have created a new future for business people. They can either start a separate business for a crypto ATM in Connecticut or host a machine for added income and increased traffic generation to their store.
Usually, a business owner has three options in this regard:
- Self-operating an ATM. This involves organizing, installing, and running the whole thing on its own.
- Doing partnership in running an ATM.
- Finding an ATM operator who finances and installs the machine at their store. They only need to rent space; no other investment or risk is involved.
Whether you wish to buy bitcoin or wish to host an ATM, you simply need to search for the “bitcoin machine near me.” Find the nearest ATM and foray into the world of digital currency.
People are usually attracted to this cryptocurrency because they get a chance to do anonymous transactions and because banks and the government are not involved in this. With Elon Musk declaring himself as a fan of bitcoin, this currency is sure to reach newer heights of popularity.
Although an unpredictable investment, the sheer thrill of its risky nature attracts people towards it. So, find a bitcoin ATM in Connecticut today by visiting https://www.cryptobaseatm.com/location_category/connecticut/ and plunge into the world of cashless currency.