People who are into the bitcoin buying business for the first time may find a BTC ATM more comfortable. They are already familiar with using a traditional money ATM. Although crypto ATMs are not exactly like a conventional ATM, the basic interface is almost the same.

1. A Lil' Bit a Coin - A Lil' Bit a Crazy
If you've had yourheadundera financial rocklatelyorjustreturnedfromaSt. Tropezvacation,then
youhave reasonnot to have seenthe news,heardthe boastingorforsome -- the razzingabouta new
mediumof financial transactions BitcoinATM.It's calledthe "bitcoin."The most excitingthingtohit
populareconomicssince the 'sub-prime bubble,'the InternetSockPuppetorthe Dutch TulipBulb
Mania.
BelieversOrLeavers
There are doubtersof course eveninthe face of the irony:That while the Internethasaffectedalmost
everypartof our livesaspromised,ithasdone little toaffectthe traditionalassetsof commercial
exchange.
Thisis notthe place northe space to explainhow bitcoinshave come tobe,how they're mined,the
complex mathalgorithmbehindtheircontrol orhow theyhave bothskyrocketedinvalue one dayand
plummetedthe next.Leave ittobe said,withthe likes of Bankof AmericaMerrill Lynchcallingbitcoins
a potential "majormeansof paymentfore-commerce (asizablemarketintoday'scommerce) andthatit
may evenemerge asaseriouscompetitortotraditional moneytransferproviders,"thatDickBove at
RaffertyCapital Marketsclaiminginanote to clients BitcoinATM Near Me,"It isnot the last andthere
will be othermore refinedapproaches,butmake no mistake one ormanydigital currencies,whichare
not controlledbygovernmentsare coming,."IwishIwouldhave saidthat!
Enter JP Morgan
One of the largestbanksandassetmanagementcompaniesinthe worldhasappliedforapatenteerily
similartobitcoins.You have to take some notice andas Bove adds, "Itwill be a factor invaluingcertain
bankingproductsrelatedtothe paymentsystem."
Bit Coin Prices
In 2011 the value of one bitcoin rapidlyrose fromabout$0.30 to $32, before fallingbackdownto$2.
Thenon 19 November2013, the value of bit coinon the Mt. Gox exchange soaredtoa peakof $900 USD
followingaUnitedStatesSenate meetingwhere itwasannouncedthatvirtual currencieswere a
legitimate financial service BitcoinATM.There are roughly12 millionbitcoinsinexistenceasof
November2013.
PizzasAnd ATMs
There are alreadysome pizzeriasinNew Yorkwillingtotake bitcoins for a 10" pepperoni andATMsthat
ask if youpreferyourfundsincash or coins - bit coins.The marketfor these isgrowingeveryday.Even
the Winklevosstwins,those boysinvolvedinthe brush-upduringthe foundingof Face Bookhave taken
a major positioninthe coinage.

2. But NotMy CPAFriend
No.He absolutelybelievesit'sascam. I pointoutto himthat histech abilitieshardlyextendbeyond
Skype,norhas he a Twitteraccount to call hisown,but "The technologybe damned"ishisopinion.And
yetit isboth,the publicopinionandthe economicmeaningof whatconstitutesmoneythatwill
determine bitcoins'acceptance.