Bitcoin is gradually earning its global popularity - one city at a time. While the ‘king of cryptocurrencies’ today has yet to be welcomed by all areas around the world, more and more countries and key business districts are starting to adapt to the demands of the Bitcoin-interested public. In this Bitcoin guide, we’ve listed seven of the biggest industry leaders, cities, that are on the frontlines of the BTC revolution.
It’s common knowledge that the Scandinavian countries have the most people eager to learn about Bitcoin and engage in its full use. Zurich, also known as the financial technology (fintech) hub of Switzerland, is home to 64 Bitcoin merchants and 8 active Bitcoin ATMs today.
Tampa’s population of over 300,000 is little compared to other cities in America, but surprisingly, it’s the top city in Florida to host the most Bitcoin activity, having more than 90 merchants engaged in BTC transaction and 13 working Bitcoin ATMs. That number surpasses what other larger US cities have in the moment.
One of the leading financial centers of the world is found in Israel - Tel Aviv. Known to be a viable investment hub for Bitcoin startups and regulars, the city that has a population of over 400,000 has 58 merchants and 4 Bitcoin ATMs. Apart from that, the Israel Bitcoin Meetup Group in Tel Aviv with roughly 2,000 members is also one of the most active groups in the world.
Ljubljana is a small city that is big on Bitcoin. It is where Bitstamp, one of the leading Bitcoin exchanges in the world, is located. Although the city only has a population of 200,000 a considerable fraction of Bitcoin users is massive, having 51 merchants and 5 Bitcoin ATMs.
Every Bitcoin guide will have Amsterdam on their list. It isn’t just the city of love; Amsterdam is also the leader in propelling fintech hubs, as evidenced by its Bitcoin-encouraged population. With a population of more than 700,000, the capital city has 74 merchants accepting Bitcoin and one bitcoin ATM. Amsterdam is also the home of Bitcoin startup companies like BitFury and BitPay.
For being the first country to legalize and regulate the use of virtual currencies, Canada has got one of the best cities for Bitcoin-related transactions, both for individual and institutional use. It’s where the very first Bitcoin ATM was launched, and now there are 46 of them and 86 Bitcoin-accepting merchants.
It shouldn’t come as a surprise that the home of Coinbase, the world’s biggest Bitcoin exchange and wallet is on top of this list. On top of that is a staggering number of Bitcoin merchants (177) and active Bitcoin ATMs (29).
10 years have passed and the amount of people interested to learn about Bitcoin and countries opening up to its possibilities are increasing. The speedy adoption and acceptance of Bitcoin by key cities in the world can only mean that we’ll still see Bitcoin and cryptocurrency in the future.
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