Bitcoin has sustained its growing acceptance as a ‘complementary’ currency to the official monetary systems around the world as of mid-November 2017. In Australia, for example, an increasing number of Bitcoin automated teller machines (ATM) are being installed around the country due to its continuous popularity as an online currency.
The installation of ATMs around Australia will give opportunities to Bitcoin owners to exchange their virtual currency for cash. This will result in a seamless transition from virtual to real money.
How does it sustain its growth?
There are many positive features of Bitcoin that attract a growing number of users to the number one digital currency.
One major draw is the ability for users to remain anonymous while conducting their transactions…