From The East Coast To The West Coast: Bitcoin Cash Adoption In The USA (2023)
BCH Accepted As P2P Electronic Cash!
The United States has established itself as a leading financial center, always welcoming innovation.
Cryptocurrencies are gaining widespread adoption, and Americans are renowned for their eagerness to embrace groundbreaking technologies.
As a result, the US has adopted Bitcoin Cash in thousands of locations that spread throughout the 50 states.
We explore how Bitcoin Cash is performing from the East Coast to the West Coast, but also examine why Bitcoin Cash was the necessary scaling evolution of Bitcoin’s code.
Why Bitcoin Cash
The economic meltdown of 2008 coincided with the creation of Bitcoin.
Bitcoin, a cryptocurrency with a transparent ledger and fixed supply of 21 million, aiming to reach broad adoption as a payment system, as P2P electronic cash.
A decentralized currency that is autonomous and developed to scale and accommodate mass adoption.
The heritage of the whitepaper and the original Bitcoin, as envisioned by the founder, Satoshi Nakamoto, restarted with Bitcoin Cash in 2017.
Bitcoin (BTC) did not scale the blockchain but proceeded with the vision of digital gold, an asset that would find its way into finance but far from the roots of P2P Electronic Cash and the whitepaper.
Bitcoin Cash is the evolution of Bitcoin, a decentralized, borderless, and permissionless network with instant transactions and low fees (lower than a penny).
Bitcoin Cash Adoption In The USA
Bitcoin Cash is adopted all over the world.
The BCH blockchain is proven to be competitive with advantages no other cryptocurrency network presents.
Bitcoin Cash is accepted in several thousands of locations in the United States and should be considered a top decentralized payment solution.
New York
Using the Bitcoin.com map of merchants, we zoomed in the New York area to get a better impression of the Bitcoin Cash adoption in the financial center of the world.
A truly amazing sight.
Bitcoin Cash is accepted all over New York and the United States.
Because of the BCH instant transactions, low fees, scalability, and the user-friendly approach of apps like wallets and services, adoption is rising universally.
Bitcoin Cash is is easy to use, fast, and cheap in terms of fees.
Los Angeles
On the West Coast, Los Angeles is the most popular city for Bitcoin Cash adoption.
We discover businesses like auto dealers, law offices, and tech companies accepting Bitcoin Cash.
Florida
Bitcoin Cash is accepted in hundreds of locations in Miami and all over Florida State! It is worth browsing the Bitcoin.com map to find locations near you that may accept Bitcoin Cash.
More Locations To Spend Bitcoin Cash In The US
Bitcoin Cash is adopted in payments by a wide variety of corporations, businesses, and merchants.
Menufy
Menufy is an online food delivery service that accepts Bitcoin Cash for deliveries from listed restaurants. It uses the Bitpay service and accepts Bitcoin Cash and a few more cryptocurrencies.
Several of the points of sale on the map accept Bitcoin Cash using this service and for online payments only.
Paypal/Venmo
Bitcoin Cash is one of the four cryptocurrencies supported by PayPal and Venmo.
However, it is worth mentioning that PayPal is a custodial service that does not allow control of the private keys, therefore it is censorable and can freeze funds and accounts for any reason.
Nonetheless, PayPal currently allows cryptocurrency transfers (in and out) for several wallets and payment services.
AMC Theaters accept Bitcoin Cash and a few more cryptocurrencies for ticket payments across America.
TAG Heuer has formed a partnership with BitPay to expand their payment options in the US and started accepting Bitcoin Cash and more cryptos.
Luxury brand Gucci initiated a pilot adopting ten cryptocurrencies as a payment method, including Bitcoin Cash.
Hublot accepts Bitcoin Cash via the eBoutique platform.
Ralph Lauren stores accept Bitcoin Cash in Miami.
Luxurious fashion merchant Jomashop accepts Bitcoin Cash in the US via Bitpay
Over 250 businesses and shops accept Bitcoin Cash and a broad range of other cryptocurrencies via Bitpay.
You can buy almost anything on Amazon via Bitgree with Bitcoin Cash.
It is also worth noting that a small number of accepted locations may require updating or contain errors, while more shops and businesses (including the above) accept Bitcoin Cash but have not applied a listing on the Bitcoin.com map.
In Conclusion
If you’re looking for a payment method that offers quick transaction processing, low fees, and reliability, BCH is a great option.
Looking at the map of Bitcoin Cash merchant adoption across the United States, it seems there is a high likelihood of exponential adoption in the near future.
Using Bitcoin Cash by scanning a QR code is a faster, cheaper, and more convenient alternative to PayPal or banking cards. As a result, peer-to-peer adoption should be preferred without intermediaries.
To increase adoption of Bitcoin Cash, it is crucial to educate businesses, employees, and consumers.
America is hot for crypto, and it is highly likely that we will witness a surge in the number of merchants accepting Bitcoin Cash in 2024.
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Images:
Cover Picture on Unsplash
Second Picture on Pixabay
Maps: Bitcoin.com
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Originally published at https://read.cash in 2021 (rewritten and updated)
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