The Bitcoin heat map above shows the locations of 6,683 business where you can use bitcoins to pay. As you can clearly see, businesses are almost exclusively located in Western Europe and the Eastern United States.
This would seem to suggest that the cryptocurrency’s goal of being a truly global, peer-to-peer alternative to fiat money may still be a few years off.
Nevertheless, while the location of businesses is not that widespread as supporters would like, the types of businesses include everything from grocery stores and cafes to hotels and nightclubs.
To learn more about Bitcoin you might want to visit the Bitcoin Foundation, bitcoin.org and/or coinmap.org.
For books about Bitcoin check out:
- Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
- The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order
- Mastering Bitcoin: Unlocking Digital Cryptocurrencies
For more on Bitcoin have a look at: What Is Bitcoin (BTC)? Price, History & Where To Buy
Do you use Bitcoin? Why or why not? Leave your comments below:
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