Cryptocurrencies are the talk of the planet. For those of you who don’t know, a cryptocurrency (crypto), is a method of payment that can flow without requiring central monetary authority such as a government or bank. These methods of payments are cultivated by utilizing cryptographic techniques which authorize consumers to buy, sell or trade them safely.
Crypto can be swapped for goods and services, although for a majority of the time they are treated as an investment vehicle. Nowadays, crypto spans a range of categories, such as: DeFi, NFT, utility tokens, value tokens such as bitcoin and litecoin, among others. Importantly,investing in crypto can be beneficial for travelers, mentioned Peter Klamka, Founder and CEO of MORE Management LLC.
Klamka, who launched MORE in 2016 in New York City, operated bitcoin ATMs in the five boroughs alongside his business partner. The duo converted a Chinese restaurant on 34th Street in Manhattan, which hosted one of their bitcoin machines, into an uno...