Many people are surprised when they find a Bitcoin ATM near Nashville, TN. They have heard about Bitcoin and know that it is growing in popularity, but they did not realize that it had reached a town near them.
There are a lot of factors that are pushing Bitcoin’s popularity. One factor is its scarcity. There will only ever be 21 million coins. This is a fact that cannot be changed by anyone. The world’s population is pushing close to seven billion people. This means that if Bitcoin was distributed evenly to every person on the planet, there would only be enough for each person to have 0.0023 Bitcoin. This means that a person who owned 0.0024 Bitcoin would own more Bitcoin than what the majority of people would be able to own if it was distributed equally.
People who are doubtful about using a Bitcoin ATM near Nashville, TN, may wonder if it is better to invest in gold. At the end of the day, each investor will need to make decisions based on their own research. It is true that gold is scarce, and there is a finite amount of it. However, mankind has no idea what that final amount is. If a huge stockpile of gold is discovered, the value of gold is going to plummet.
Gold’s current market cap is $6 trillion. If Bitcoin would be able to reach that same market, each Bitcoin would be worth $340,000.
See how RockItCoin Bitcoin ATM is making Bitcoin and other cryptocurrencies readily available through their kiosks by visiting their website.