Top five places to spend Bitcoin
San Francisco is the technology capital of the United States and it is home to cryptocurrency trading platforms Coinbase and Kraken. More than a hundred merchants accept Bitcoin, from restaurants and bars to hostels and stores. In fact, there are 437 Bitcoin ATMs in the Bay Area, including 65 in the city of San Francisco itself.
2. Vancouver
Vancouver is arguably the Bitcoin capital of Canada. There are more than fifty merchants who accept Bitcoin in Vancouver or the surrounding suburbs, and 221 locations to buy Bitcoin. You can buy lots of things in Vancouver including food and Real Estate.
3. Amsterdam
Amsterdam is home to mining hardware maker Bitfury and the European headquarters of payment service provider BitPay. The city’s 840,000 residents have about half a dozen Bitcoin ATMs available to them. You can go shopping, travel, eat and sightsee with Bitcoin in Amsterdam.
4. London
London is home to 8.9 million residents, 50 bitcoin ATMs, and about the same number of merchants who will accept Bitcoin for payment. You can book accommodation, flights, buy jewellery with Bitcoin among other things in London.
5. El Zonte, El Salvador
This tiny tourist town is rebranding itself as “Bitcoin Beach”. Bitcoin can now be used to pay taxes, and foreign investors will not be subject to capital gains taxes. You can pay for groceries and utilities with Bitcoin in El Zonte.
In conclusion, since the first block was mined in 2009, Bitcoin has made substantial progress. The impressive rate of adoption indicates that virtual currencies are here to stay. Although some countries are cold to the idea, many are warming up to Bitcoin and that’s what we are here for.
Part of the content is taken from Yahoo.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Nichole Goh : up