When Fiat Falls Flat: Cryptocurrency ATMs Offer Financial Relief in South America

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Manufacturers of cryptocurrency ATMs like Athena and Odyssey Group have taken note of the situation in South America and want to allow a simple and convenient option for those who are open to the idea.

Bitcoin ATM companies aim to place nearly 2000 new ATMs in Argentina by this time next year.Citizens of Argentina or Venezuela who are skeptical of Bitcoin because of its 65 percent correction this year can’t argue that 65 percent is still less than 125 percent — and abundantly less than 45,000 percent.People seem to agree, as evidenced by Bitcoin volumes in both Argentina and Venezuela. According to Coin Dance, Bitcoin volumes have skyrocketed to all-time highs in both countries at the time of writing this article.Do you think Bitcoin ATMs will be successful as a means of safeguarding individual citizens’ money in South America? Let us know your thoughts in the comments below! 

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