Bill Pay
Bitcoin Of America
by Anita Koshy
1y ago
Bitcoin of America Reveals New ATM Kiosk Feature BillPay Bitcoin of America recently announced its latest creation BillPay. BillPay is a new service feature offered through the company’s self-service ATM machines. BillPay allows customers to pay utility bills through BOA’s virtual currency kiosk, making paying bills more convenient. Utility bill payments can be made by using Bitcoin of America’s ATMs, or by visiting one of the store locations. Leading In The Cryptocurrency Industry The rollout of this new BillPay feature makes Bitcoin of America the first in the industry to offer bill payment ..read more
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The Biden Administration Weighs in on Cryptocurrencies
Bitcoin Of America
by Autry Watkins
1y ago
The Biden Administration Weighs in on Cryptocurrencies The Biden Administration issued a recent roadmap, laying out a range of challenges regarding crypto. One of the primary mandates of a government “by the people, for the people,” is the protection of the people. This gets frequently overshadowed by salacious stories of overreach, abuse of power, sandals, and the incredible negativity of partisan politics. Still, there are numerous laws, rules, and regulations that exist because of government action and protection. They include important things like job site safety (which is where OSHA – the ..read more
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Congressional Vending Machines and Cryptocurrency 
Bitcoin Of America
by Autry Watkins
1y ago
Congressional Vending Machines and Cryptocurrency  Senator Ted Cruz has proposed a resolution for vending machines in the Capitol to accept cryptocurrency.  Beyond serving as an investment vehicle, cryptocurrency is like any other currency. Its first order of business is to be used to pay for things.  Just like all the other fiat currencies – the American Dollar, Russian Ruble, Mexican Peso, and so on – crypto can be used to buy and sell things.   One of the best aspects of crypto is that its worth is universal. Unlike other fiat currencies requiring an exchange betwee ..read more
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How Many Litecoins Are There
Bitcoin Of America
by Autry Watkins
1y ago
How Many Litecoins Are There What is Litecoin and How Much Is Out There? How does Litecoin stack up in the world of cryptocurrency? Cryptocurrency was created for the purpose of offering a decentralized fiat currency option different from government-issued central-bank-managed monies. In layman’s terms – cryptocurrencies were created to offer an alternative that utilized advanced technologies and disconnected from nations and banks. The first cryptocurrency – eCash – was developed in 1990 by a cryptographer named David Chaum. Crypto as we know it today – starting with Bitcoin – came into being ..read more
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How to Mine Litecoins
Bitcoin Of America
by Autry Watkins
1y ago
How to Mine Litecoins Grab a Pick and A Shovel – Let’s Go Mining for Litecoin! Maybe not. But what actually goes into mining Litecoin? The topic of mining cryptocurrency has come up for numerous reasons. One of the biggest has been just how much energy mining requires, and the environmental impact therein. How, you might wonder, can a digital process like mining cryptocurrency have an environmental impact? Because the process requires a stunning amount of power to operate. For example, Bitcoin mining ate up somewhere in the neighborhood of 36 billion kilowatt-hours (kWh) of electricity. How mu ..read more
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Bitcoin of America Appoints New COO
Bitcoin Of America
by Autry Watkins
1y ago
Introducing Bitcoin of America’s New COO Today, Bitcoin of America happily announced that former Operations and HR Director, Veronica Mehraban was recently appointed as Chief Operating Officer (COO) of the company. Veronica Mehraban has been with Bitcoin of America, since the company possessed only 600 of what is now over 2600 ATM machines. The new COO comes from a background in Human Resources and Business Management. Before she earned her Masters Degree in HR, though, Mehraban grew up working in her family’s wall clock factory business, where she learned to make clocks from scratch. Veronica ..read more
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ATMIA Conference 2023
Bitcoin Of America
by Autry Watkins
1y ago
ATMIA Conference 2023 Panelists Bitcoin of America Executives to Speak on Expert Panel of ATMIA Joining other industry executives, Paul Bialobrzewski, CFO, and William Suriano, General Counsel, will speak about their experience at Bitcoin of America and how the company has positioned itself as a leader in its field. On February 7th, ATM and cryptocurrency professionals will gather in New Orleans for the ATM Industry Association’s annual conference, ATMIA 2023. At this conference, industry leaders are coming together on a panel to discuss cash management and liquidity, how to effectively scale ..read more
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What is Cryptography in Cryptocurrency
Bitcoin Of America
by Autry Watkins
1y ago
What is Cryptography in Cryptocurrency Why is cryptography important for cryptocurrencies Cryptography is where the “crypto” in cryptocurrency originates. What is the meaning of cryptography? The most basic definition, from dictionary.com, “Is the art of writing or solving codes.” Cryptography, the word, comes from the Greek kryptós, meaning “hidden” or “secret”, and graphein, meaning “to write.” Yes, you could translate this to mean secret code. Cryptography, in the present, generally refers to code that is created via disciplines including math, computer science, information security (IS), p ..read more
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What Cryptocurrency is Backed by Gold
Bitcoin Of America
by Autry Watkins
1y ago
What Cryptocurrency is Backed by Gold Are There Any Cryptocurrencies Backed By Gold? Currencies backed by gold are few and far between. There’s a popular misconception in the world today. For about a hundred years or so, there was a Gold Standard when it came to currencies. Many nations1 adopted the Gold Standard for backing their currencies – starting with Great Britain, then along the way the United States, Germany, France, and others. This was the way well into the 20th century. But after World War I, it began to fall into disuse. Despite making a comeback following WWI, the Great Depressio ..read more
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Cryptocurrency with Limited Supply
Bitcoin Of America
by Autry Watkins
1y ago
Cryptocurrency with Limited Supply Which cryptocurrency has limited supply Like central bank currency and similar fiat money, some cryptocurrencies have a limited supply. Money takes many shapes and forms. Nations across the world have issued currencies via central banks. Many are well-known and often traded, such as the Chinese Yuan, American Dollar, European Union Euro, Japanese Yen, and so on. These also serve as standards when valuing goods and services. As part of maintaining necessary control1, central banks like the American Federal Reserve use a number of different methods to oversee h ..read more
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