Bitcoin Payment Method: Why are more and more people asking to pay with bitcoin?

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Thas exponential growth of crypto-currencies is a reality, with Bitcoin like the best placed, which few people would have imagined years ago, let alone begin to use them as a means of payment.

Much of the positioning of cryptocurrencies is due to the fact that more people and industries are using new payment systems, such as Paid coins, which was recently awarded as Payment Provider of the Year during the AIBC 2021 summit in Dubai.

Just to be clear on its recent impact, this payment provider has accumulated $ 5.3 billion in cryptocurrencies processed in 2021, over 800 satisfied B2B customers (merchants) and accumulates 7% of all on-chain Bitcoin transactions, in addition to accepting over 50 crypto and fiat currencies.

Research indicates that 14% to 15% of the American public owns or owns cryptocurrencies, mostly bitcoin, although Ethereum’s ether tokens continue to gain traction, plus 17% are already planning to dive into them. cryptocurrencies by the end of the second quarter of 2022.

More people will try to pay with crypto

“I think in 2022 you’ll see a lot more people – this next wave of people – taking an interest in crypto both from an investment perspective and from a ‘let’s try it for a payout’ perspective. [perspective], ” Stephen Pair, CEO of crypto payment processor BitPay, noted. “There will be a lot more places with this service – where you can spend crypto and do it in person, which may make people more comfortable trying it out than maybe if it’s on. a website where they ‘you don’t know if they are doing it right or wrong. “

Which companies accept Bitcoin and other cryptocurrencies?

As blockchain technology develops, although it is still confusing to many, more companies are embracing its use for payments, such as the following companies that accept cryptocurrencies as a form of payment.

  • Microsoft
  • Wikipedia
  • Pay Pal
  • Starbucks
  • AT&T
  • Overstock
  • Tic
  • Amazon
  • Home deposit
  • Whole foods
  • Cheap air
  • Newegg
  • Nompas dear
  • Rakuten
  • Fast food: Pizza Hut and Burger King (Venezuela), KFC (Canada), Quiznos (Denver airport), Subway (several branches).
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