Bitcoin News

Purchase Bitcoin (BTC) in Supermarkets: Not just an Idea Anymore

BTC

Coinme, the first to receive the status of a licensed U.S. based BTC ATM operator, is partnering up with Coinstar to offer Bitcoin purchasing throughout Coinstar’s many kiosks with the redeemable vouchers you get by exchanging nickles and pennies.

Initiated with a few selected locations, BTC-buying can be done in chains such as Vons, Albertsons and Safeway. The exposure that Bitcoin will receive through the service will be massive counting in how popular and big Coinstar actually is. Already running over 20,000 automated kiosks all across the United States, over 90 percent of the residents live only approx five miles from a kiosk as reported by the firm.

“Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to participate in this dynamic new economy.” – CEO of Coinme – Neil Bergquist

In the other hand, despite the much-talked about rumor that Russia is going to purchase a considerable amount of Bitcoins in the future as a means of fighting U.S.-imposed economic sanctions may not be entirely accurate.

According to an article published by the news portal Forklog, Elina Sidorenko chairperson of an interdepartmental working group of the State Duma – believes that there is no possibility that the Russian gov will take action in the short or medium term despite being interested in the tech.

Alex Tomzack
About author

Alex Tomzack is a crypto-enthusiast and has been fascinated since first hearing about it. Loves technology, writing, culture while being a regular trader and holder of digital assets. Email: [email protected]
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