Cryptocurrency represents a phenomenal advance in technology. Many see Bitcoin as the way to completely replace or serve as an adjunct to the financial system. Still, there is a lot more that needs to be done with the Bitcoin infrastructure if it will truly become a currency that is used by the common people. However, the fact that you can find Bitcoin ATM locations in Raleigh NC is a good indication that the cryptocurrency is well on its way to mass adoption.
Bitcoin is a digital currency. You can use Bitcoin to purchase things from merchants who accept it as currency. Many people are opting to hold on to their Bitcoin, hoping that in time it will increase in value.
One of the unique things about Bitcoin is that, unlike fiat currencies, Bitcoin does not rely on central banks or governments. There is no single entity that controls the Bitcoin infrastructure. Instead, there is a worldwide network of volunteers who work to keep computers running that use specialized software to keep track of Bitcoin payments and produce more Bitcoin. When you visit Bitcoin ATM locations in Raleigh NC, you do not get charged exorbitant fees from a bank or a financial institution.
As long as the people working the technology continue to maintain the Bitcoin infrastructure, it will serve as a viable currency option.
Learn more about Bitcoin and see how RockItCoin Bitcoin ATM is making Bitcoin readily available by installing kiosks in different cities when you visit their website.
