In 2009, when Bitcoin first came on the scene, it was not considered to be an investment vehicle. In fact, it was thought to be a joke. Now, Bitcoin and other cryptocurrencies are seen as legitimate investment vehicles. Renowned financial institutions are using Bitcoin as an investment tool. This is why more people are interested in finding a Bitcoin ATM near St. Petersburg, FL.
Businesses and customers are starting to see the value of using Bitcoin as an alternative to using credit cards. For this reason, there are scores of goods and services that a person can purchase using Bitcoin. The transparency of Bitcoin is another reason why it is easier to find a Bitcoin ATM near St. Petersburg, FL. More people see it as a viable way to make transactions safely.
Something that differentiates Bitcoin from traditional credit cards is that transactions are done on a push basis. For example, when you purchase a product with your credit card, the money will be pulled from your account. What happens if the cashier accidentally swipes your credit card twice? You are going to be charged two times. You have to go through the tedious process of working with the banks to get the charges reversed and wait weeks before the money is credited to you.
With Bitcoin, you push the money out of your account to the account of the individual or organization you are purchasing from. You control the amount, and you control the transaction.
Learn more about the benefits of Bitcoin and see what RockItCoin Bitcoin ATM is doing to make it more accessible by visiting their website.
