[ad_1]
According to a recent Reddit post that crunches numbers for the latest Bitcoin Cash buyers, the number of online stores that accept BCH could be over 945 and the number of brick and mortar dealers around 670.
A Reddit user, probably associated with the Bitcoin Cash Association, has listed the latest statistics on the adoption of Bitcoin Cash (BCH) from three websites. As websites probably list at least some of the same merchants, we will take the highest online retailers and real estate as a decent indication of the adoption of Bitcoin Cash.
The uptake by Bitcoin Cash traders is where it is located. Here are the latest numbers:
- We have 945 online merchants listed on AcceptBitcoin.Cash.
- There are 670 brick and mortar traders listed on Marco Coino, which is 2 more than last week.
- And you can find 939 traders of all types on Green Pages, which is 2 more than last week.
The Bitcoin Cash Association describes itself as a "community-driven project to accelerate the adoption of Bitcoin Cash", is led by Paul Wasensteiner and boasts Roger Ver as a consultant.
Marco Coino now lists over 600 merchants worldwide! ️
Let's go and spend #BitcoinCash in local restaurants and shops 😄👜https: //t.co/b4autnlVnp pic.twitter.com/jbWkMQvDnk– Bitcoin Cash Association (@BitcoinCashA) December 12, 2018
Does the adoption of large-scale retail cryptocurrencies come closer?
Most of the merchants who accept Bitcoin Cash (BCH) are currently small independent points of sale. However some of the larger payment platforms like Payeer, CopPay and BitPay are included in the AcceptBitcoin.cash lists.
Remarkable for brick and mortar retailers is the Lush cosmetics chain and major retailers who accept Bitcoin Cash include Overstock and Newegg. Newegg and others use the BitPay platform to process their customers' cryptocurrency payments. The retail giant Overstock was one of the first online retailers to accept cryptocurrency payments and, in mid-2017, accepted 40 different altcoins.
Because BitPay payment processors permeate the market, Bitcoin (BTC) and Bitcoin Cash (BCH) retail acceptance is slowly but steadily increasing. Companies such as BitPay optionally transfer cryptocurrency payments to fiat currencies so that reseller customers can avoid crypto-volatility.
This December, BitPay's CEO Stephen Pair predicted that the adoption of mass cryptocurrency is between three and five years. The couple has reviewed a previous forecast of full adoption of the cryptocurrency being a decade away. Now he thinks that a scenario where each store accepts "a blockchain payment" is much closer than we think.
Binance is also pushing for the adoption of large-scale consumer cryptocurrencies, working with the Tripio hotel booking platform to allow its users to book a choice of 450,000 hotels and pay with the Binance currency (BNB).
Get an exclusive cryptographic analysis by professional traders and investors on Hacked.com. Register now and receive the first month for free. Click here.
[ad_2]Source link
