If we want to make Bitcoin more accessible and to appeal to everyday consumers, we need to put a lot more focus on the usability of this disruptive digital currency. Instead of issuing statements such as “be your bank” and “control your money”, we can also say “send money to anyone in the world”. And that story has become a whole lot more interesting recently, thanks to Bit2Me.
When it comes to converting Bitcoin back to fiat money, there are quite a few different options users can choose from. The most obvious choice is to sell your bitcoins to a Bitcoin exchange, and have them send you the fiat currency to your bank account. Option two is having bitcoins converted to fiat and use one of the many Bitcoin Debit Cards available to you. Option three is to find a Bitcoin ATM near you, which is a two-way machine, and sell bitcoins directly to the machine. But surely there must be an easier way?