Many shops have opened their door to accepting Bitcoin as an alternative way of paying because they noticed that many people are already buying this. The growing number of Bitcoin investors/users is a ground that establishments will also need to adapt and widen their acceptance. Perhaps, it is already more than a decade that Bitcoin has existed, and it was enough to think that this is legit and are able to understand what is this all about.
Adoption will never grow fast if only the number of investors is increasing but also, it is need for these business groups to cooperate as well.
Yes, there are actually quite a lot of them. but the problem is whether they are actually legal or not? Because sometimes, there are countries that still have problems using crypto for payments and that is not allowed. If it was a global or international company, maybe it wouldn't be a problem. However, in certain countries, maybe that isn't easy to do. Because of several things:
- Regulations regarding crypto are prohibited from being used as a means of payment
This may happen in some countries, it could be because crypto is illegal or crypto is legal but illegal as a means of profiteering.
- The general public's ignorance about crypto specifically and their fear of using it because of FUD about scams and others
- Understanding of crypto as a distribution is still quite small.
I often think about it because the costs are actually increasing or the method is sometimes considered complicated. So this becomes difficult for shops around us to do directly.