Mike Tyson grateful to join bitcoin revolution, first Tyson Bitcoin ATM launched

Mike Tyson is a name that needs no introduction. As reported earlier, Bitcoin Direct LLC, a Nevada limited liability company, entered into a partnership with the ex-heavy weight champion.

Speaking to CoinDesk about his foray into the cryptocurrency ecosystem, he said that he is grateful to be part of the "bitcoin revolution", though he admits he's "no guru" just yet.

Since its inception, the digital currency has been plagued with “branding problem”, the negative perception among people due to scams like the Silk Road and Mt. Gox. Tyson disagrees and says that the issue isn't so much about branding, as education.

"People don't really understand a currency based on numerical equations. I personally still don't ... but I'm grateful to be a part of the revolution and hoping that my participation in this space will lead to more conversations and help increase knowledge and awareness”, he told CoinDesk."In no way do I profess to be any kind of bitcoin currency guru. It just seems very interesting and I'm intrigued with the possibilities”.

"The Mike Tyson Bitcoin ATM should help introduce bitcoin, the digital currency formerly seen as only used by the tech savvy, to the consumer and broaden its availability and appeal to the general public. The Mike Tyson Bitcoin ATM offers consumers a convenient, secure, reputable, automated and economical method of purchasing bitcoin for cash”, Peter Klamka, CEO of Bitcoin Direct, said in a statement.