Felipe buys his first Bitcoin

coinI HAVE ENTERED the new world of cryptocurrency, and I feel quite stylish for having done so. I bought a Bitcoin.

Well, actually, I have purchased 0.01398091 of a Bitcoin. That’s what 3,500 pesos will get you, or would get you yesterday. The value changes. That’s about 185 American dollars. Bitcoins are pricey.

It’s not your daddy’s Bitcoin anymore. While it was mainly known as the cash of crooks and other sleazy sorts not too many years back, it’s cleaned up its act. WordPress accepts it, as well as plenty of other legit businesses, and there are even Bitcoin ATMs in Mexico, four at least, Querétaro, Mérida, Mexico City and Monterrey.

What you’d do with a Bitcoin ATM I have no idea since Bitcoins have no physical existence.

There are numerous routes to becoming a Bitcoin owner. I opened an account with Bitso, which was Mexico’s first Bitcoin exchange. There are quite a few others.

To open an account with Bitso and buy Bitcoin, you must be a Mexican citizen. But if you’re unfortunate enough to not be a Mexican, there are other routes for you.

One of many new online marketplaces that accept Bitcoin, sometimes only Bitcoin, is Open Bazaar. I’ve become a cutting-edge sort of fellow. Though normally I don’t use the word “cool” except when talking about the weather, I think it now applies to me.

Long-term plan: become a Bitcoin tycoon.