Cryptocurrencies have become part of the public discourse
about finance. Few are aware of the great hardware innovations that occurred to
support the crypto industry. For example, Asics miners use graphics cards. Some
investment experts point to a correlation between the price of Bitcoin and the
price of the graphics cards that go into these miners. The influence of the
crypto industry even reached a point where all graphical processing units
(GPUs) would be directly impacted by the rise and fall of the price of Bitcoin.
These GPU events illustrate the technical nature of the
crypto industry. Their importance has grown in recent years to equate to that
of the CPU. For the average person, they are unlikely to have the same strong
emotional response to news about GPUs as they do about CPUs. The significance
lies in the complex tasks that virtual memory can accomplish. GPUs have become
integral to these types of operations. This is how Bitcoin and other
blockchains are currently being mined.
What becomes quickly apparent is how technical operating in
the crypto environment can be. It is precisely this complexity that played a
role in the founding of CoinFlip. During the early days of crypto, there was a
clear need for user-friendly interfaces to access the Bitcoin ATMs that existed
at the time. It was not necessary to deal with such cumbersome operations to
complete a secure transaction. CoinFlip is continuing to advance crypto
transactions that are suitable for mass adoption.
What user would not want to be in control of their own
money? However, our world operates in a fast-paced environment. While tech
savvy developers and entrepreneurs may be able to navigate the crypto space in
a way that’s conducive for their business, we cannot expect the average person
to be capable of the same. This is where CoinFlip fits in.
One day, the world will be using blockchains as easily as
the Internet of today. How long this will take depends upon the interest of the
average person and businesses willing to enter the space. To help encourage
both of these things to move along, companies like CoinFlip will need to lead
the way.
About CoinFlip
CoinFlip has hundreds of crypto ATMs throughout the United
States. The company was founded by Daniel Polotsky. CoinFlip’s business model
is one of bringing a more user-friendly experience to Bitcoin ATMs and give
users local bitcoin options. This
gives users the ability to securely access decentralized finances. A crypto ATM
can deliver a physical paper wallet or many of the other ways that users
interact with a blockchain. CoinFlip ATMs deliver the highest standards in
hardware security. They physically settle cryptocurrency transactions. It is
far and away better than having an exchange handle your crypto keys.
If you’re unsure or concerned about the security of a
hardware device, like your phone, laptop or desktop, then finding a CoinFlip
ATM becomes an ideal solution. It is a way for users to complete transactions
with the utmost assurance of trust in connecting to a blockchain. Below is a
list of popular cryptos that CoinFlip provides services for:
- Bitcoin
- Binance Coin
- Litecoin
- Dash
- Tron
There are others, but their availability may depend on the
particular CoinFlip ATM that you access.