10 Cities Embracing Bitcoin And Are The BTC Hotspots Of 2020 | CoinsCapture

10 Cities Embracing Bitcoin And Are The BTC Hotspots Of 2020

Bitcoin is the first and most popular cryptocurrency. Everyone who knows cryptocurrency or blockchain technology knows “Bitcoin”.The first Bitcoin was mined in 2009 and made its mark in the cryptocurrency space while it is steadily growing to be a part of the bigger picture of the digital currency world. Also now many of us would want to invest and store Bitcoin, while many have initiated accepting Bitcoin for payment and transaction. The interesting part is to learn that along with the international financial center; the small towns are also embracing the bitcoin space.

As per the article by the Bitcoin Market Journal - How Many People Use Bitcoin in 2020; over 5.8 million people are active bitcoin users in the world. 

In this blog, we have listed the 10 Cities embracing Bitcoin in 2020 and are the Bitcoin Hotspots in today’s world:

1. Amsterdam

Amsterdam is home to two known crypto companies - BitPay - payment service provider its European headquarters and Bitfury - leading mining software company. 

The city has about a dozen bitcoin ATMs and over 30 businesses that accept Bitcoin such as the bike rental, an antique ring shop, a barber, and so forth, also the merchants in Hague, Rotterdam, and Utrecht accepts cryptocurrency.

2. San Francisco

San Francisco is said to be a center of innovation and the technology capital of the United States, also it is home to cryptocurrency trading platforms like the Coinbase and Kraken. It also holds conferences with the name of the Coin Congress and San Francisco Bitcoin Meetup.

Over two dozens businesses accepting bitcoin which includes a bakery, bars, restaurants, a psychiatrist vineyard, a business consultant and so forth, also it has 19 ATM places to buy bitcoin.

Also Read, Evolutionary Regulations of Cryptocurrency

3. Zurich

Zurich is the leading financial center of Switzerland and one of the most liveable cities in the world.

It has about two dozens businesses that accept bitcoin and over 10 ATMs.

4. New York

New York is the financial and technical hub and the financial capital of the world. It is home to the crypto exchange named Gemini, Wall Street firms are part of exploring blockchain to use it as a tool for the finance industry, and hosts bitcoin conferences such as the Bitcoin Event at the La Guardia Community College.

It has over three dozen businesses and has 14 ATMs to buy bitcoin.

5. London

Coinfloor - a bitcoin exchange in the UK claims itself to be the longest-running exchange. London also has bitcoin and cryptocurrency meetup groups. The London Theatre District was one of the first ticketing companies that enabled the use of Bitcoin.

It has about 50 businesses that accept bitcoin payment and it has more than 130 Bitcoin ATMs.

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