Top 5 Cities in the World That are Bitcoin Hotspots

TL;DR

Bitcoin is increasingly accepted as a payment method worldwide. This article highlights the top five cities where Bitcoin is widely embraced.

Key Takeaways

• Over 15,000 outlets globally accept Bitcoin.
• Vancouver has 221 outlets and 50 merchants accepting Bitcoin.
• San Francisco hosts over 100 businesses and 437 Bitcoin ATMs.
• Ljubljana has 200 businesses and 11 Bitcoin ATMs.
• Amsterdam features various businesses accepting Bitcoin and several ATMs.
• Tel Aviv is a startup hub with 19 merchants and 7 Bitcoin ATMs.

Which Cities Are Bitcoin Hotspots?

Here are the top five cities that have embraced Bitcoin as a payment method:

1. Vancouver

Canada has made significant strides in regulating cryptocurrency, leading to wider acceptance of Bitcoin. Vancouver has more than 221 outlets and 50 merchants that accept Bitcoin.

Fun Fact: Downtown Vancouver’s Waves Coffee House was the first location in the world to install a Bitcoin ATM in 2013.

2. San Francisco

Known as the tech capital of the U.S., San Francisco is home to major cryptocurrency exchanges like Kraken and Coinbase. Over 100 businesses accept Bitcoin, and there are 437 Bitcoin ATMs in the city.

Fun Fact: Cryptocurrency acceptance is notable in San Francisco, despite its population of just 880,000.

3. Ljubljana, Slovenia

Ljubljana is the largest city in Slovenia and has over 200 businesses accepting Bitcoin, along with 11 Bitcoin ATMs. The city was home to Bitstamp, a major cryptocurrency exchange.

Fun Fact: Ljubljana has a small population of around 289,000, yet cryptocurrency acceptance is widespread.

4. Amsterdam

The Dutch capital has embraced Bitcoin as a preferred payment method, with various businesses accepting it. The city has several Bitcoin ATMs and a population of 840,000.

Fun Fact: Bitfury and BitPay’s European headquarters are located in Amsterdam.

5. Tel Aviv

As Israel's financial capital and a startup hub, Tel Aviv has 19 merchants accepting Bitcoin and 7 Bitcoin ATMs.

Fun Fact: The city hosts the Israel Bitcoin Meetup Group, which has over 4,000 members.

Final Takeaway

Bitcoin has evolved significantly since its inception in 2009, moving from skepticism to widespread acceptance in major cities globally. For more informative articles, keep reading Coin Informer!