As awareness grows so too does interest for interacting with cryptocurrency and the list below includes some of the biggest companies in the world which have gained attention for holding bitcoin.
- Coinbase
- Tesla
- Galaxy
- Voyager
- Square
- Microstrategy
There are thousands of ATMs to find in countries around the world and more companies that are accepting cryptocurrency for payment too. For barber services you can now find some accepting cryptocurrency, as well as opportunities to buy goods from cannabis companies using this payment method, real estate, and more.
It might be a small business deciding on their own to be contrarian in this way and start accepting it before much of the competition has. Not only that but we see other decisions with partnerships coming around that quickly enable widespread use too.
The Chipotle and Flexa partnership was one example that enabled locations around the country to start accepting cryptocurrency payments from customers. Paying for movie tickets with cryptocurrency is also now becoming more commonplace as well in certain regions.
Demand for payment with cryptocurrency
There is demand for payments to be made this way and that is why we continue to see more businesses opting to cater to their clients with cryptocurrency. Surveys have suggested that we might see many more retailers around the world jumping in over the next year or two as well, some businesses have already indicated their strong interest to start accepting cryptocurrency payments soon and they've mentioned that this is one of the top demands from customers today.
Pics:
pixabay
This is not financial advice.
Sources:
https://www.cnbc.com/2022/07/20/tesla-converted-75percent-of-bitcoin-purchases-to-fiat-currency-in-q2-2022.html
https://www.cnet.com/personal-finance/crypto/buy-burritos-with-bitcoin-chipotle-now-accepts-cryptocurrencies/
https://www.cnbc.com/2022/07/29/deloitte-75-percent-of-retailers-plan-to-accept-crypto-payments-in-2-years.html