Bitcoin’s progress is occurring in geographic areas where clusters of Bitcoin enthusiasts exist. A post on the Bitcoin Money blog (@BitcoinMoney) highlights some of these clustersand describes Bitcoin’s potential. Excerpts:
"While Bitcoin’s traction has primarily occurred online through exchanges and with merchants who sell online, its use as a payment method for purchases at bricks-and-mortar retailers and for in-person trade is not found that widely just yet."
"A growing cluster growing in Berlin is the latest (and potentially the largest) to form. Joerg Platzer, owner of bar and restaurant Room 77, announced Bitcoin Kiez. Bitcoin Kiez is a project to get a large number of businesses to accept BTC in Berlin’s Graefekiez district."
"Another cluster is found in New Hampshire, particularly in areas whose population includes many who have moved to the state to join the Free State Project."
"Finland, and in particular, Helsinki, is where another cluster exists. Staff at Vegemesta know all about Bitcoin and payments are handled in seconds."
"Bitcoin hotspots are also expected to form where there are many travelers though the use of bitcoins during travel is still a relatively nascent practice."
"Paying using a mobile and QR code is something Square, currently processing nearly a billion dollars worth of transactions each month, is driving forward."
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