Knowing how to buy Bitcoin from a Bitcoin ATM is a good skill to have as the digital currency goes mainstream. <\/p>\n
Today about 82,000 merchants accept Bitcoin - more than double the number just one year ago. <\/p>\n
As more merchants accept Bitcoin, there's a growing need to buy Bitcoin \"on the go.\" That's why the number of Bitcoin ATMs has exploded over the past year. <\/p>\n
At the start of 2014, there were just four Bitcoin ATMs on the entire planet. Now there are 350. Almost half of those are in North America (105 in the United States, 60 in Canada, 4 in Mexico). <\/p>\n
And Bitcoin ATMs aren't just clustered in places like New York and San Francisco. Both of those cities do have six Bitcoin ATMs. But so does Kansas City. <\/p>\n
You can find a Bitcoin ATM in Birmingham, Ala., as well as Boise, Idaho. <\/p>\n
Bitcoin ATMS are turning up in bars, restaurants, and shopping malls across America. <\/p>\n
Baltimore, where Money Morning makes its home, has one in historic Fells Point at a bar called Bad Decisions. And people are using it. <\/p>\n
\"When I first put it in here I thought it would just collect dust, but we get about three transactions per day,\" said Bad Decisions owner John Reusing. He installed the Bitcoin ATM at the urging of the Baltimore Bitcoin Meetup group, which gathers once a month at the bar. <\/p>\n
Most of those who use the Bitcoin ATM at Bad Decisions do so regularly. Some buy as much as $1,000 worth of bitcoin at a time, Reusing said. <\/p>\n
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How to Buy Bitcoin from a Bitcoin ATM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Knowing how to buy Bitcoin from a Bitcoin ATM is a good skill to have as the digital currency goes mainstream. Today about 82,000 merchants accept Bitcoin - more than double the number just one year ago. As more merchants accept Bitcoin, there's a growing need to buy Bitcoin \"on the go.\" That's why the number of Bitcoin ATMs has exploded over the past year. Continue reading