Bitcoin is not limited anymore to investing your money and getting higher returns. It has become more than that. Bitcoin has now become almost similar to traditional fiat currencies.
You might have heard that Bitcoin has gone mainstream. Now you can spend your Bitcoin at the nearest Starbucks. There are places with more establishments to spend your Bitcoin in.
Metrics For The Adoption Of Bitcoin
When we talk about cities across the globe that have adopted Bitcoin, it will be tough to particularly point out a single city where the adoption rate is the highest. So, to understand the cities and their Bitcoin adoption, here is a list of some metrics, which can help you understand the adoption rate of major cities.
1. Number Of ATMs
We are all aware of the Bitcoin or Cryptocurrency ATMs, just like normal ATM counters. Here we have prepared the list of cities as per the number of Bitcoin ATMs they have.
2. Bitcoin Population Density
We have also considered the density of people in a particular city who are involved in Bitcoin investments and transactions. With the help of the immediate edge, all these things have become much simpler.
3. Number of Merchants
Now the last but not least metrics we have considered for preparing the list is the number of merchants at a specific place who are accepting Bitcoin in exchange for their products or services.
On the basis of all these three metrics, we have prepared the list of cities around the world where you can spend your Bitcoin without any hassle.
Top Cities In The World To Spend Your Bitcoins
As we have got the basic idea of the possible metrics, now is the time to get to know the major cities where Bitcoin is almost considered as normal fiat currencies. The people of those places are able to buy things and get services in exchange for the Bitcoins they have.
1. Amsterdam, Netherlands
Amsterdam, Netherlands, is the first city we would like to mention as this place has welcomed Bitcoin with wide arms. More than 40 businesses have included Bitcoin in their regular operations.
Apart from that, the number of ATM services is also increasing rapidly. You can visit the Bitcoin Embassy in Amsterdam, dedicated to promoting Bitcoin across the globe.
2. Hong Kong, China
We all know how much technology means to China. In Hong-kong a number of retailers accept payments with Bitcoins without asking a single question. We would also like to tell you that most high-profile conferences related to Bitcoin take place in Hong Kong. We can think of the Bitcoin Global Summit as one of the many examples.
3. New York, New York
Over 100 businesses in New York accept Bitcoin. This place has a restaurant with a famous chef who loves Bitcoin as much as he loves cooking. Whether it is a hospital, or a store, or even a school accepts the tuition fee in terms of Bitcoin.
4. San Francisco, California
We are telling you the names of cities with the most Crypto adoptions, and here we simply can not skip the name of San Francisco. Around the entire city, you will find approximately 60 Bitcoin ATMs and over 100 businesses that deal with Bitcoin. Many of those businesses are reputed dining establishments.
When China banned the use of Cryptocurrencies, the Chinese Bitcoin investors turned their heads to Singapore. The Cryptosystem of Singapore always stays laser-focused on the future and innovation related to Bitcoin. You can pay for your flight tickets and accommodations with Bitcoin in this beautiful city.
Some More Names
Apart from the above names, here are some other cities with the most Bitcoin adoption. They are the most developed places when it comes to spending your Bitcoin.
- Ljubljana, Slovenia
- Vancouver, Canada
- Zurich, Switzerland
- London, England
- Buenos Aires, Argentina
Utilize Your Bitcoin
When you are in any one of these cities, you do not need to think about local cash, as long as you have Bitcoin and your Bitcoin wallet. Isn’t it amazing that you do not have to convert your country’s currency to another country’s currency to buy your dinner or shopping?