The motivations to utilize Bitcoin and other cryptocurrencies are many: anonymous transactions. No paperwork. Instantaneous results. No banking costs.
Trustworthy security. Diversification of investment portfolio.
Here’s an additional one: Knox County locations and chances to spend cryptocurrency are booming like never before. More and more companies and organizations - including major Knox County retailers - are welcoming Bitcoin.
Bitcoin, often labeled “digital Gold,” is viewed by many investors as the leading cryptocurrency to obtain and maintain in their portfolio. They’ve even fashioned a monicker for doing so: “hodle.”
Initially, of course, you have to acquire Bitcoin. Many buys are made via online exchanges, using credit or debit cards.
The moment the Bitcoin land in your digital wallet, you can make a beeline to market. Or, hodle (hold) as an investment, and as a hedge against the stock market.
What to acquire? The possibilities might amaze you. Goods and services galore are available. A plethora of web sites list online sales, national businesses and organizations, and even local businesses that invite your bitcoins.
You’ll know many in Knox County: Barnes & Noble, Home Depot, AT&T, Subway, Best Buy, Adidas and Dish Network, to name a few.
If you’re an online purchaser, you’ll delight at the quantity of web-based stores: Amazon, Microsoft, PayPal, Overstock, Etsy, Expedia, Shopify and New Egg are only the start.
Don’t skip past entertainment offerings, either. Bitcoin can pay for gambling, gaming and hobby pursuits. Many Knox County charities welcome Bitcoin donations, too.
Feeling better about opportunities to spend Bitcoin? Good. They’re only going to magnify.
You can feel smart about obtaining Bitcoin at Knox County Coinsource Bitcoin ATMs, too. Among the most dependable Bitcoin ATM companies worldwide, Coinsource has one of the highest-ranking levels of compliance in the industry, supported by more than 30 money transmitter licenses.
Remember, click here for a directory of 24-hour customer service Bitcoin ATMs in Knox County. Acquire your Bitcoin at the cheapest Bitcoin ATMs, and leave more money for the buy you’ve dreamt about … or the investment you fancied about “hodling.”