Appreciating the Philosophy Behind Cryptocurrencies in St. Louis, MO

by | Aug 20, 2021 | Financial Services

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Many people are pleasantly surprised to find a Litecoin ATM in St Louis, MO. This is because the idea of cryptocurrency goes beyond investing in money. Many are attracted to the ethos behind cryptocurrencies. Cryptocurrency is less of a financial tool and more of a movement.

One of the features of cryptocurrency that excites those who see a Litecoin ATM in St Louis, MO, is its transparency. This transparency means reduced government involvement. It means reduced oversight and control. Of course, there are those who argue that more government control is a good thing. There are others who see government manipulation of currencies as a tool that harms the poor and disproportionately benefits the wealthy.

The decentralized nature of cryptocurrency means that governments or big banks are not censoring cryptocurrency or confiscating money. The immutable nature of cryptocurrency means that there is no way to twist the books. There are no shady transactions. Transactions performed with cryptocurrency cannot be changed.

Cryptocurrency has received a bad reputation in recent months because some people have used it for nefarious things. But it is good to remember that people are using cash to engage in questionable and illegal activities. The visionaries behind Bitcoin, Litecoin, and other cryptocurrencies are individuals who want financial liberty. These are the principles that still invigorate the cryptocurrency community today.

Learn more about the ethos of cryptocurrency and see how RockItCoin Bitcoin ATM is using its ATMs to make it easier for people to get access to cryptocurrency when you visit their website.

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