Friday 27 September 2019

Bitcoin price may be down right now but it's adoption is definitely up

Amid the recent price fall, let's not forget all the achievements bitcoin has seen lately.

Bitcoin has a presence in almost every sector now. You can buy plane tickets, real estate properties, donate to charities, there is even an option to pay your taxes in bitcoin in some US states. Thanks to payment processors like BTCPay Server, Blockonomics, CoinGate and many more that are enabling online merchants to spread this adoption.

Soon, France will enable thousands of merchants to accept bitcoin at their stores with big names such as Foot Locker, Decathlon, Conforama, Sephora, and Intersport all ready to accept the digital currency. This is a major step forward for bitcoin and digital currency landscape as more people will have access and an opportunity to use bitcoin as a form of payment.

Bakkt launched this week opening doors for institutional investors to invest in Bitcoin.

As for Bitcoin ATM's, they have crossed almost 5659 in number and growing everyday, although 75% of which are in the North America alone.



Submitted September 27, 2019 at 12:42AM by primalfabric http://bit.ly/2lTuUPL

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