Buy Bitcoin at HodlBum ATM at Liquor Land

22015 Vanowen St
Canoga Park, CA 91303


Store Hours
Mon: 9:00 AM - 9:00 PM
Tue: 9:00 AM - 9:00 PM
Wed: 9:00 AM - 9:00 PM
Thu: 9:00 AM - 9:00 PM
Fri: 9:00 AM - 9:00 PM
Sat: 9:00 AM - 9:00 PM
Sun: 11:30 AM - 6:30 PM



News and Tips

5 Reasons to Invest in Bitcoins

Bitcoin is a piece of digital currency whose value is determined by its users and financial specialists. The government does not play a role in influencing its value.

All around the world, Bitcoins have gotten mainstream since 2009. In 2017, 1 Bitcoin was around $20,000 and it hit $8790.51 in March 2020.

With Bitcoin making the news all year round, here are 5 reasons to invest in Bitcoins.

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Can Bitcoin Ever Replace Fiat Currency?

Can Bitcoin ever replace fiat currency? If we were to believe the optimistic predictions of some crypto enthusiasts, Bitcoin would soon become a global currency. But is this really possible and what would it mean for society and the global economy if it happened?

Fiat currencies are currently backed by governments that can print more money when needed. Bitcoin doesn't have such an anchor and its value fluctuates wildly, making it unreliable as a store of value or means of exchange. That's not to say that there won't come a time when cryptocurrencies will play an important ro (...)