Crypto Adoption: a New Collection of 5 Examples
With every passing day, there are more options to pay with crypto - or to use blockchain in the real world, even outside of cryptocurrency payments. Adoption is slowly but surely creeping in, and while governments and giant financial institutions are working on regulations, many citizens are already opting for crypto because they recognize its perks for their businesses.
Although a lot of adoption comes from Japan - already well-known for their openness towards new technologies - there is also an enviable number from cities such as Kiev, Kuala Lumpur or Negombo.
At consumer electronics retailer Bic Camera in Tokyo, sometimes you have to queue to pay with Bitcoin… and sometimes there is an elderly gentleman in front of you. Additionally, according to local reports, you get a 15% discount, payments need zero confirmation, and the network fees are negligible.
According to Reddit user u/binkleybloom, this was a present from the baby’s grandparents - giving the baby a good chance to get richer as time goes on.
Found in Kiev, the capital of Ukraine - as one commenter put it, “People walk in thinking it’s a bank, walk out being their own bank.”
Leaked from an employee of Bank of America, they seem to be going as far as teaching their employees about it.
Bitcoin bull Tim Draper is always looking for ways to boost adoption. This is him, wearing his famous Bitcoin tie in HBO’s documentary about Theranos, a Silicon Valley startup that claimed its technology could perform hundreds of common blood diagnostic tests with just one drop of fingertip blood.
Found in the Harajuku district in Shibuya, Tokyo, Japan. This shop also has zero confirmation payments!
And another example from Japan - this bar can be found in Kyoto.
Bitcoin is also accepted at a jewelry store in downtown Miami, Florida.
