Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM Machine in Nigeria.
by
cizatext
on 07/08/2018, 20:26:46 UTC
Bitcoin is a digital currency that is decentralized with no regulatory control. Over the years a number of Bitcoin ATM boot have sprang up in some developed and emerging economies. Since bitcoin is a digital currency I don't understand the rationale behind the creation of bitcoin ATM with so many crypto exchanges around the globe.
Now which organisation is responsible for the setup of this ATM machine? What is the benefits of having a bitcoin ATM in Nigeria?

Nigeria as an underdeveloped countries will wait for some time before having a bitcoin ATM due to the low level of technology and industrialization in Nigeria, because bitcoin ATM is a new development in the bitcoin network and just few developed countries are having bitcoin ATM at the moment and it the responsibility of the blockchain to installe bitcoin ATM since the blockchain is the bitcoin bank.