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V24 2021 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 24, Number 20, May 16, 2021, Article 32

BITCOIN ATMS APPEARING

Electronic money is creeping ever closer to ubiquity. One company has been rolling out BitCoin ATMs across the U.S. -Editor

Bitcoin Accepted Here sign Bitcoin of America is making a push to expand its operation in South Florida.

Its CEO, Sonny Meraban, took his plans to the city of Miami mayor with great reception.

We actually had a conversation with Mayor Francis Suarez where we saw he wanted to bring Bitcoin and crypto to the city of Miami, Meraban said.

Purchased bitcoin actually goes into a virtual wallet or app, which only the owner has access. You can transfer the virtual cash to retailers who accept crypto.

Bitcoin can also be bought. It's currently is trading at roughly $57,000 a coin.

And no, there's not an actual little gold coin.

Now, Meraban is placing bitcoin ATMs all over South Florida. Bitcoin of America has placed roughly 50 throughout the area.

Meraban said, Our goal is to get about 200, and we'd like 100 of those in the city of Miami.

The bitcoin ATMs will start appearing in more and more gas stations, convenience store, groceries – any high foot traffic areas.

BitCoin ATM sign BitCoin ATM

I'd gotten busy and forgotten about the above photos I'd taken April 30th at a convenience store about a mile or so from our house here in Northern Virginia. These are in states all across the U.S. now. Has anyone spotted one in their area? Anyone tried to use one? -Editor

Bitcoin ATM locations

To read the complete article, see:
Company Placing Bitcoin ATMs All Over South Florida (https://miami.cbslocal.com/2021/05/11/company-placing-bitcoin-atms-all-over-south-florida/)

To visit the Bitcoin of America website, see:
https://www.bitcoinofamerica.org/

THE BOOK BAZARRE

1946–2021: CELEBRATING 75 YEARS of the RED BOOK. The 75th edition of the Guide Book of United States Coins will release next week, April 7, 2021. Preorder now to reserve your copy—online at Whitman.com , or call 1-800-546-2995.


Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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