Digital Currency Exchange offers two-way Bitcoin ATMs that allow
you to conveniently buy and sell cryptocurrency.
To buy cryptocurrency, choose "buy bitcoin" and enter a
destination crypto address or allow the machine to scan a QR code
of your mobile wallet. Confirm your wallet address is correct.
Next, determine the number of banknotes to convert to digital
money and insert cash. The amount of Bitcoin you will receive will
appear on the screen. A receipt for the transaction will print at
the completion of the purchase, sending your Bitcoin to your
wallet.
To sell crypto for cash, select sell crypto. Enter your phone
number. Now, enter the verification code that was sent to your
phone. Take the printed ticket, then scan the QR code with your
cryptocurrency wallet. Send that exact amount of crypto as shown
on the receipt to the specified cryptocurrency address. Once you
receive confirmation of the transaction to your mobile phone, then
redeem your cash at the machine by re-entering your mobile number,
you will receive a new security code to enter into the machine,
and your cash will then be dispensed.
It’s that easy!
In this called economy, CEOs like Elon Musk, Jack Dorsey,
Michael Saylor, and corporations like Mass Mutual, are
stockpiling their companies’ coffers with Bitcoin vs CEOs from
the old economy who stocked their coffers with leveraged
investments and Gold. These pioneers are preparing for the
follow-up adoption of Bitcoin and other digital currencies.
Today, the global market capitalization of gold is around $10
trillion, while the total market capitalization of Bitcoin just
broke the $1 trillion mark. According to Michael Saylor, CEO of
Microstrategy,
Bitcoin is going to flip gold
and will absorb the entire gold market capitalization.
For Bitcoin to exceed the global market capitalization of gold,
nation-states will need to start looking at Bitcoin as a
reserve. For instance,
Miami Mayor Francis Suarez is not only considering putting
the city’s treasury reserves into Bitcoin but also paying
municipality workers in Bitcoin.