When Bitcoin was first launched in 2009, it was envisioned as a medium for daily transactions. The idea was that the use of a decentralized cryptocurrency could get rid of centralized money. This would mean that governments and other large agencies would no longer have centralized control over money. This could speed up the process of transactions. Little by little, that idea is being brought to fruition. Evidence of this is the ease with which a person can find a Bitcoin ATM in Kansas City, KS.
Some wonder if cryptocurrencies are not living up to their promise. This is because not everyone accepts cryptocurrencies as a form of payment. Most of the exchanges being done with cryptocurrency are on the speculative market. People see cryptocurrency as a way to invest their money and to get a decent return on their investment.
The idea of Bitcoin being used as an alternative currency is gaining wider appeal. The simple fact that it is easier to find a Bitcoin ATM in Kansas City, KS, means that more people are willing to use Bitcoin as a medium of exchange. Couple that with the fact that many countries around the globe, including El Salvador, are choosing to use Bitcoin as an alternate official currency and one can clearly see how in short order Bitcoin could find itself fulfilling the promise it offered when it first came on the scene.
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