Bitcoin ATMs have always been quite popular among cryptocurrency enthusiasts.With nearly 800 machines all over the world there is a growing demand – and supply – for easy access to Bitcoin. But when companies such as Deloitte unveil their own Bitcoin ATM, things are getting very interesting. After all, these devices are powered by Deloitte, by the look of things.
The Bitcoin world received a rather exciting surprise a few hours ago. As it turns out, the Deloitte office in Toronto now has its very own Bitcoin ATM. Albeit the company has been an active advocate of blockchain technology, their [public] involvement in Bitcoin has been minimal to non-existent so far.
Despite all of that, the Bitcoin ATM in questions is “powered by Deloitte”. For now, it is anybody’s guess as to what this means exactly, but it is possible the company issued their own user interface for this BitAccess device. Speaking of which, this is great publicity for BitAccess, as they compete against ATM manufacturers for market share right now.
The device in question was recently tested by C4 President Michael Perkins:
For now, it is anybody’s guess as to what this means for Bitcoin in general. In a way, this is a clear vote of confidence for the future of this cryptocurrency. At the same time, it raises a lot of questions regarding Deloitte’s plans with Bitcoin in the future. Perhaps this ATM is just a promotional stunt, or it could mean bigger things that remain shrouded in mystery for now.
Having such a machine located at the Deloitte offices in Toronto is a big step for Bitcoin in general. For now, it remains unknown as to whether or not users can both buy or sell cryptocurrency through this device. An interesting development that may spur a new wave of interest in cryptocurrency.
Image credit 1
If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
GSR has formally entered the ETF market with their first ETF, $BESO, which is listed…
While the Dogecoin community has always had its share of news to talk about, it…
In a major development, Bitget Wallet has announced the integration of Polymarket directly into its…
The Aave rsETH/wrsETH market froze abruptly, leading to a rapid series of withdrawals, including one…
Last week saw major investment firm Strategy Inc. (MSTR) bust into the crypto world with…
One of Bitmine Immersion Technologies came out to be the most aggressive in its cryptocurrency…
