Finding a Bitcoin ATM is easy nowadays, no matter where you are based in the US. If you reside in Tennessee, for instance, you should start searching online for a “Bitcoin machine near me”.

1. Main Features of Blockchain
Blockchainwasoriginallycreatedtobe adecentralizedledgerof Bitcointransactionsthattake place
withinthe Bitcoin network.A decentralizedordistributeddatabase/ledgeressentiallymeansthatthe
storage devices,where the ledgersare located,are notlinkedtoa commonprocessor.The blockchain
containsthe ever-growinglistof transactionsbywayof blocks.Each blockistime-stampedandthen
linkedtothe previousblocktobecome apart of the blockchain.
Before computers,people kepttheirimportantdocumentssafe bymakinglotsof copiesof themand
storingtheminimpenetrable steel safes,buriedtreasure chests,orbankvaults.Asanaddedsecurity
measure you'dtranslate eachof these documentsintoasecretlanguage thatonlyyoucouldunderstand
Bitcoin ATM. That way,evenif someone managedtobreakintoyourbankvaultand steal yourstuff,
theywouldn'tbe able tounderstandyourcrypticmessages,andyou'dstill have lotsof backupsstoredin
otherlocations.
Blockchainputsthisconcepton steroids.Imagineyouanda millionfriendsare able tomake copiesof all
your files,encryptthemwithspecialsoftware,andsave themineachother'sdigital bankvaults
(computers) all acrossthe internet.Thatwayevenif ahacker breaksinto,steals,ordestroysyour
computer,theycan't interpretyourdata,andyour networkof friendsstill have 999,999 backupsof your
files.That'sblockchaininanutshell.
Special files,scrambledwithencryptionsoftware sothatonlycertainpeople canread them, savedon
normal computers,linkedtogetheroveranetworkor viathe internet.The filesare calledledgers - they
record yourdata ina specificway.The computersare callednodesorblocks - personal computersthat
share theirprocessingpower,storage space,andbandwidthwithone another.Andthe networkiscalled
a chain - a seriesof connectedblocksthatletcomputersworktogethertoshare ledgersfromone
another(hence the name,blockchain).
The social impact of blockchaintechnologyhasalreadybeguntobe realizedandthismayjustbe the tip
of the iceberg.Cryptocurrencieshave alreadyprovideddoubtsoverfinancialservicesthroughdigital
wallets,the rolloutof ATMsand the provisionof loansandpaymentsystems BitcoinATM NearMe.
Whenconsideringthe factthatthere are more than 2 billionpeople inthe worldtodaywithoutabank
account,such shiftiscertainlyalife changerandcan onlybe a positive one.
Perhapsthe shiftforcryptocurrencieswillbe easierfordevelopingcountriesthanthe processof fiat
moneyandcreditcards. In a way,it issimilartothe transformationthatdevelopingcountrieshadwith
cellularphones.Itwaseasiertoacquire massamountsof cell phonesthanto provide anew
infrastructure forlandlinesphones.Decentralizingawayfromgovernmentsandthe control over
people'sliveswill likelybe embracedbymanyandthe social implicationscanbe quite significant.
One onlyneedstoconsiderthe spate of identitytheftsthathave hitthe newsinrecentyears.Handing
the control of identificationtothe people wouldcertainlyeliminate sucheventsandallow people to

2. reveal informationwithtrust. Inadditiontogivingthe underprivilegedaccesstobankingservices,
greatertransparencycouldalsoraise the profile andeffectivenessof charitiesworkingindeveloping
countriesthatfall undercorruptor manipulative governments.Anincreasedlevel of trustinwhere the
moneygoesandwhobenefitswouldsurelyleadtoincreasedcontributionsandsupportforthe needyin
parts of the worldthatare indesperate needof aid.Ironically,andnotinline withthe publicopinion,
blockchaincanbuilta financial systemthatisbasedontrust.
Takingit one stepfurther,blockchaintechnologyiswell placedtoremove the possibilityof vote rigging
and all of the othernegativesassociatedwiththe currentprocess.Believe itornot,Blockchaincan
actually solve some of these problems BitcoinATM.Of course,witha new technology,there are new
obstaclesandproblemsthatwill come butthe cycle goesonand those new problemswillbe solvedwith
more sophisticatedsolutions.
A decentralizedledgerwouldprovideall of the necessarydatatoaccuratelyrecordvoteson an
anonymousbasis,andverifythe accuracyand whetherthere hadbeenany manipulationof the voting
process.Intimidationwouldbe non-existentwithvotersbeingable tocasttheirvotesinthe privacyof
theirhome.
Whetherblockchaintechnologydoes,infact,become apart of everydayliferemainstobe seen.While
inflatedexpectationsraisedthe possibilityof anendtocentral banksand theirresponsibilitiesaswe
knowit today,an endto the centralizedfinancial systemisperhapsasteptoofar for now.Time will tell
howblockchainevolves,butone thinglookstobe certaintoday.Statusquois no longeranoptionand
change is needed.