OVER 7,000 CRYPTO-DISPENSING ATMs IN NORTH AMERICA, WHAAAAT? 😳

You’ve already seen the headline of this blog post so I just gotta tell you that I had no idea there were so many crypto ATMs in America! My sister even sent me a picture of a Bitcoin ATM that she saw in Trinidad, West Indies. Bitcoin Depot deployed their 7,000th ATM a couple of months ago so there are a lot more of them right now!

In other crypto news (this coincides with the 7,000 BTC ATMs) yesterday I saw that cryptocurrency miner MARA (Marathon Digital Holdings) had their stock inch up some after the volatility of previous days. Of course, BTC has been fluctuating so it makes sense that MARA stock would do the same since Marathon Digital provides the computing power needed to mine Bitcoins.

Investors dot com tells us how this works: “Bitcoin mining consists of processing, or validating transactions. The speed at which a digital currency miner processes transactions is called hash rate. The faster a miner can process transactions, the more revenue it generates. Marathon Digital is paid in Bitcoin for mining. The company can then sell this Bitcoin to generate revenue. Marathon Digital also funds its operations through financing.”

I mentioned the above to say this: BTC isn’t going anywhere I don’t care what “those in the know” say about it. There are over 7K BTC ATM’s in the USA alone! Large companies are continuing to invest in BTC and even though the US government quite possibly intends to regulate crypto, I believe it’s important to the USA (as the global financial leader) to keep its leadership in the cryptocurrency space as it is growing in leaps and bounds.

Not only are Bitcoins situated all over the world, but there are more here in the USA than I previously thought or even imagined! Over 7000? That may not seem like a large amount to you but understand that cryptocurrency (that started with Bitcoin in 2009) is only 13 years old, it’s barely a teenager! The continued evolution and advancement of cryptocurrency won’t take us by surprise, we’re going to stay in the know! 🤸🏿‍♀️🙏🏿

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Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.

Sherma Felix