Is There Any Real Solution for Cryptocurrency Mass Adoption?
Hi, all! Hope everyone is safe and in good health! I've started to write about ATMs and the Crypto Spots alternative before the new corona virus FUD (fear, uncertainty, doubt) begun, but didn't finish it, so it was left in draft.
Now I think is time to finish the article, even if their agenda is still unknown and not revealed so we don't know if there will be a possible release or only the perpetuation of this illogical isolation, personal restrictions, deprivation of our liberty, and huge destruction of some economies!? We'll see what comes next!
But, the alternative I am presenting here might be a real challenge for the mass adoption of bitcoin and cryptocurrencies! So, it is time to move on, and I think Bitcoin and cryptocurrencies that are supported by good business ideas and projects will overcome all type of crisis and it is good to have alternatives for getting bitcoin when you need it, for trade, HODL, or even for shopping.
Most of us know that there are too many centralized bitcoin and crypto exchanges on the market, so sometimes for our safety we will want to have safe and private alternatives. Decentralized exchanges are just a few, but still to complicated to use for a normal person, peer-to-peer exchanges are also limited in number and features. So, let's talk a bit about ATMs and their new alternative create by a friend of mine, the Crypto Spots.
What is a Bitcoin ATM?
A Bitcoin ATM is machine where customer can purchase and deposit bitcoin and other cryptocurrencies, more or less in the same way you would do with a traditional ATM (cash machine).
Since Bank ATMs are a normal part of our daily lives, enough people believe the use of Bitcoin ATMs will be the key in ensuring a future for Bitcoin adoption. So, regarding mass adoption of cryptocurrencies and bitcoin, same people hope that one day, Crypto ATMs will become a normal part of our daily lives. However, I think that we are far from there. Why?
Even if Bitcoin ATMs are starting to spread globally, they are too expensive and too complicated to use. In many countries, where these machines are installed, they are used by few people or not used at all. This is why I don’t believe that the types of ATMs existing today on the market will contribute to mass adoption of bitcoin and cryptocurrencies.
Crypto Exchanges
Is there any difference between an exchange and a bank? Not really, they both have fees, sophisticated illogical and annoying KYCs, not much transparency, no guarantees for your funds, and they both make profits by using your money not by producing added value.
People talk about Bitcoin halving, mining costs, decentralization, financial freedom, privacy, and so on, but they keep their cryptocurrencies on exchanges, by "playing the roulette with their crypto", as a friend of mine says. "Not your keys, not your crypto!" Any security measures become useless if your BTC is still in the hands of third parties (similar to banks).
So, until now we have: no banks, no ATMs, no crypto exchanges are safe for exchanging and keeping your money! Is there any other solution? A safe way to protect your investments? Let's see what Crypto Spots can do for us!
Crypto Spots Network
Crypto Spot will really break down all of the jargon of the crypto and provide a simple point of access through which anyone who is not familiar with programming and has no technical knowledge can interact with Bitcoin and other cryptocurrencies.
For now there are few Crypto Spot offices in Romania, in Bucharest and Craiova, an soon they will be in Iasi City where I live, but the plan is to spread them all over Europe first and then over the world. If you are a crypto business person who would like to setup in your Village or City a Crypto Spot Small Office, or better a Mobile Crypto Spot on your Car, Boat or Yacht, please let me know. It is at its beginning, so now is a good time for you to become a network creator and a contributor for bitcoin mass adoption :)
Say goodbye now to the times when the ATM crashes and nobody answers the support number or the telephone sounds busy. You do not need to register in advance, nor do you need a bank account statement. All you need is an address to receive the cryptocurrencies. Or a wallet application to send the coins to that address. The operators have received professional training from LDV Crypto Bank to ensure you get the best crypto user experience.
Crypto Spots and Mass Adoption
If you don't have time to learn about cryptography, bitcoin, blockchain, and thousands of cryptocurrencies, as I did, Crypto Spot operators will help you to buy or sell Bitcoin fast and safe. They will guide you in any uncertainties on wallet addresses or crypto fees.
The Crypto Spots Network offers a real alternative in a market suffocated by inter bank payment delays. Now any person can come to a Crypto Spot point and go back with his/her crypto coins in minutes. You can receive bitcoins in a phone wallet app but also you can choose anything, even hardware wallets, for total safety of your bitcoin or altcoin deposit.
You no longer lose the exchange rate you wanted because of SEPA bank transfer that can take 1-5 business days. And if you needed to sell fast and get cash, you can bring your Bitcoin and Ethereum (for now) at any Crypto Spot point. The operators will guide you through the very few steps needed to sell your crypto coins.
Resources:
Crypto Spots, LDV Crypto Bank (my first referral link written here on Publish0x :) https://ldvbank.com/en/join/miroslav/
Publish0x member @acensotop: "Playing the roulette with their crypto"!
