Although most people have only heard about Bitcoin within the last few years, Bitcoin has been around since 2009. Ever since then a small group of people have been able to access, trade, and exchange cryptocurrency. Now, Bitcoin has become so popular that you can even find a Bitcoin ATM in Kansas City, MO.
Bitcoin is the implementation of an idea that was first thought of in 1998. It was suggested that a new form of money could be created using cryptography. Cryptography would control how the currency was created and how transactions took place. This means that there would be an impartial computer program at the center of how cryptocurrencies would be distributed as opposed to a central authority, such as the Federal Reserve.
However, Bitcoin as it is known today was shown as a proof of concept in a white paper published in 2009 by an individual known as Satoshi Nakamoto. In 2010, Satoshi Nakamoto left the project and left little information about who he was. Some people think that he may have been a group of people using that name as a pseudonym. Interest in cryptocurrency has blown up exponentially since 2009. Countless developers have worked to make cryptocurrency what it is today.
With time, cryptocurrency exchanges became available. Now, things have reached the point where you can access Bitcoin easily using a Bitcoin ATM in Kansas City, MO.
Learn more about the history of cryptocurrency and see how RockItCoin Bitcoin ATM is making it easier for people to get access to it when you visit their website.