Understanding the Basics of Cryptocurrency
Will Haynie, the Founder and CEO of Pelicoin Bitcoin Kiosks, the Gulf South’s largest cryptocurrency kiosk company joins Enterprise Radio.
Listen to host Eric Dye & guest Will Haynie discuss the following:
- What’s the layman’s’ definition of cryptocurrency and blockchain?
- How does one normally buy cryptocurrency?
- What are the benefits of buying from a cryptocurrency ATM? Are they secure? How does a Pelicoin ATM work?
- Where do you see the future of cryptocurrency going?
Will Haynie is the Co-Founder and CEO of Pelicoin Bitcoin Kiosks. Pelicoin is the latest of seven cryptocurrency businesses that Will has founded with his brother and partner, Brown Haynie. Focusing on operations and BSA/AML compliance, Will has a track record of building Bitcoin businesses quickly and responsibly and using them to finance new businesses and investments in a nascent and rapidly changing industry.
Will entered the cryptocurrency industry in 2014. He and his brother, Brown, developed a system working with institutional liquidity providers and trading on peer-to-peer exchanges. Over the next two years, Bitcoin began to catch on; this space became saturated with brokers and margins began to fall.
In 2016, Will founded Pelicoin with his brother Brown; they placed the first Bitcoin ATM in Louisiana. As this model proved to be scalable, Will spent the next three years building their network. As of the Summer of 2019, Pelicoin’s fleet of 32 Bitcoin ATMs serves 11 markets throughout Louisiana, Texas, Tennessee, Mississippi and Alabama.
While they continue to build out Pelicoin, Will and Brown are focused on a project that will grow their business to 3,000+ stores nationwide.
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