Announcing a New Elgin, Texas Bitcoin ATM
In Elgin, Texas, Bitcoin has come and is here to stay. Pelicoin has launched its newest Bitcoin ATM in the area, bringing the total to 7 locations in Texas. Elgin itself has a rich history: it’s the sausage capital of Texas, the brick capital of the Southwest, and has been a stronghold for American industry since the 19th century. The next page in Elgin’s history book starts here. Cryptocurrency has been sweeping the nation, and Pelicoin aims to provide residents and visitors of Elgin, Texas easier access to Bitcoin than ever before.
Elgin, Texas Bitcoin: An Introduction
As of January 2020, nearly 12% of the US population owned some form of cryptocurrency. That amounts to 39.5 million people. Investors across the United States are recognizing cryptocurrency as a viable option to grow their wealth. If you’re just starting out, however, the concept of Bitcoin and crypto can be daunting.
Where Did Bitcoin Come From?
Bitcoin found its humble beginnings in 2009. It’s been called the first cryptocurrency, and placed the foundation for the entire decentralized market upon its creation. Since Bitcoin got its start, many different cryptocurrencies have entered the market and attempted to capitalize on the success of Bitcoin. Some succeeded, some failed, and some remained in the middle. Bitcoin, however, has stayed on top for the past 13 years. Bitcoin today remains at the top of the market in terms of both market capitalization and price per unit.
Bitcoin has become the new way to pay in many different exchanges, as well as cementing itself as a solid investment choice for finance enthusiasts across the world. Cryptocurrency has been cited by many as the future, and Pelicoin aims to make it easier than ever before to buy, sell, and transfer funds between cash and your crypto wallets.
If you want to learn more about Bitcoin and its humble beginnings, check out our history of Bitcoin. Bitcoin’s start in 2009 sparked the decentralized movement, and galvanized investors and finance enthusiasts across the world to action.
Is Bitcoin The Future?
Bitcoin and cryptocurrency as a whole are finding their place in communities everywhere. In Elgin, Texas Bitcoin is beginning to take root as an alternative way to pay and manage your wealth. So, is Bitcoin the future? Signs are pointing to yes!
The decentralized currency movement is one focused on providing a currency not guided by centralized decision-makers. This is done to allow the currency’s users to control it and its value, as opposed to a central government or other organization. This attracts many investors and casual users alike, as the currency isn’t subject to any one country or group’s political decisions or actions.
Bitcoin has found its place at the forefront of the decentralized movement. Its volatility has deterred some, but intrigued others. What cannot be denied, however, is the fact that Bitcoin has drastically changed the way we think about money in the 21st Century.
What Can I Do With My Bitcoin?
Bitcoin itself and cryptocurrency as a whole are an incredibly versatile way to hold your wealth. One of the primary purposes of crypto for investors is to store funds, or to buy in hopes of crypto’s value rising in the future. The value of crypto fluctuates, and in this fluctuation there may be room for you to buy and sell your crypto for a profit. With a Bitcoin ATM by Pelicoin, you can buy and sell your cryptocurrency in an instant, making the liquidation of your funds to cash easier and more efficient than ever before.
Additionally, businesses everywhere are beginning to accept bitcoin and other cryptocurrencies as a form of payment. Some businesses that accept cryptocurrency as payment near Elgin, in the Austin, Texas area, are:
Located in the center of Austin, Texas, Mai Thai is shaking up the independent restaurant scene by accepting cryptocurrency as a form of payment in their restaurant. Serving various traditional cuisines from Thailand, Mai Thai is authentic Thai food for Austinites.
Starbucks continues its domination of America’s coffee industry by allowing their customers to pay in crypto. When you use the Starbucks app, you have the ability to pay in cryptocurrency instead of traditional means through IPayYou.
Home Depot has been a mainstay of American hardware since 1978. They’re continuing their evolution to the modern world by creating alternative ways for their consumers to pay for their goods. Home Depot customers can use the store’s Flexa integration to use their crypto funds to pay in place of traditional means.
In addition to these locations where you can spend your cryptocurrency, there are also plenty of crypto meetups and related events in Texas for enthusiasts, investors, and beginners alike. For example, check out our blog post about crypto meetups in Austin for more information.
How Can I Use the Elgin, Texas Bitcoin ATM?
Pelicoin’s new Elgin, Texas Bitcoin ATM location can be found in Elgin Country Store. This store is a grocer located near County Line Road. Using a Pelicoin Bitcoin ATM is similar to using any other ATM, but if you need assistance using a Pelicoin ATM, check out these simple instructions. When using our ATMs you have the option of paying with your digital wallet address, a QR code, or you can create a paper wallet if you don’t already have one. From there, you’re free to buy, sell, and transfer your cryptocurrency at the touch of a button. Pelicoin carefully places all of its locations in a safe, trustworthy location that is open for a large period of every day for maximum accessibility.
Manage Your Finances With Pelicoin
Pelicoin is a cryptocurrency ATM network diligently serving the Gulf South by providing safe and secure locations to manage cryptocurrency and convert crypto to cash. Pelicoin currently operates over 30 machines in the area. We are committed to developing the cryptocurrency market in the south as well as improving accessibility for its residents, such as providing Elgin, Texas Bitcoin ATM access. Visit our website for more information, and check out our FAQs page to view some commonly asked questions.