Bitcoin spreads: Soon also at your ATM

The use and acceptance of cryptocurrencies continues to spread. While Hyosung, one of the largest ATM manufacturers in Asia, is now officially integrating Bitcoin into its ATMs, the Internet Archive is now accepting the cryptocurrency as a donation.

Since 2014, the Texas-based company has collaborated with leading Bitcoin service providers such as Coinplug. For over three years, Hyosung has authorized South Korean ATM users to buy and sell Bitcoin in many places in the country.

In the coming weeks, Hyosung plans to continue its integration of Bitcoin and send its ATMs to collaboration partners in the US and many European countries.

Especially in South Korea, the distribution of Bitcoin was promoted earlier. For example, last year's release of KoreanBuddy made it possible to pay nationwide with the cryptocurrency.

Above all, the new ATMs will support adaptation to standard petrol consumers. In particular, new users are becoming accustomed to the cryptocurrencies - with systems they already know.

Acceptance not only at ATMs

Elsewhere, the spread of cryptocurrencies is expanding. Those who want to donate Internet archives to the nonprofit organization can now do so in addition to Bitcoin in Bitcoin Cash and Zcash. The Internet Archive is a digital library that archives web pages to document the progress of the digital revolution.

The project of the organization depends on support. Finally, they set themselves the ambitious goal of archiving a digital copy of every book, audio file, television program and software. This should make it possible for every user to access any digitized cultural property at any time.

With their donation option, they follow role models such as the Wikileaks platform, which also accepts cryptocurrencies as donations. Other organizations include, for example, Youth One World Austria, various parties in the US and Russian election campaigns, Greenpeace or Wikipedia.

The spread and the concomitant acceptance of Bitcoin and its number of (step) siblings is an important step for the crypto world. It remains to be presumed that a higher prevalence of cryptocurrencies also leads to a further increase in prices, as it is currently observed.