{"id":9633,"date":"2024-01-08T10:13:02","date_gmt":"2024-01-08T08:13:02","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-acceptance-by-merchants-surges-174-in-2023\/"},"modified":"2024-01-08T10:13:02","modified_gmt":"2024-01-08T08:13:02","slug":"bitcoin-acceptance-by-merchants-surges-174-in-2023","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-acceptance-by-merchants-surges-174-in-2023\/","title":{"rendered":"Bitcoin Acceptance by Merchants Surges 174% in 2023"},"content":{"rendered":"<p>Over the past year, the number of organizations accepting the leading cryptocurrency as payment increased from 2,207 to 6,126, marking a 174% rise.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Shadowy Suppertaggers ftw. ? <a href=\"https:\/\/t.co\/TO0prl431n\">https:\/\/t.co\/TO0prl431n<\/a><\/p>\n<p>\u2014 \u26a1 BTC Map \u26a1 (@btcmap) <a href=\"https:\/\/twitter.com\/btcmap\/status\/1744017867559911426?ref_src=twsrc%5Etfw\">January 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This information was provided by the tracker BTC Map, which uses open-source data from OpenStreetMap. The service allows users to mark locations where Bitcoin is accepted as a payment method.<\/p>\n<p>The highest concentration of such vendors is recorded in Central and South America, with fewer in Africa and Asia.<\/p>\n<p>The United States and Europe show the most significant adoption of crypto payments. In contrast, such adoption is virtually absent in China, India, and Russia.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/Xsb8CjOUypf93W_bXfaAzTRz2BFvGX0QyoQWqcnMeekBlQ310tczPUZW3LAJ3BLpSB2ghS-BGa5r_Le6q8DQpFT7Ubyky7GzOkQWbLBIMGBX3AJ0Y6p925tA3NwdMyYLb44j541iAiWO8PqPiyTZtWc\" alt=\"Bitcoin merchant map 2023\"\/><figcaption class=\"wp-element-caption\">Bitcoin merchant map. Data: <a href=\"https:\/\/btcmap.org\/map#2\/44.96480\/36.21094\">BTC Map<\/a>.<\/figcaption><\/figure>\n<p>In early 2024, Japanese online retailer Mercari <a href=\"https:\/\/www.nikkei.com\/article\/DGXZQOUC202J50Q3A221C2000000\/\">announced<\/a> that it will begin accepting Bitcoin from June.<\/p>\n<p>Previously, Italian car manufacturer Ferrari added digital assets as a payment method in the US, with plans to expand this feature to Europe in the first quarter of this year.<\/p>\n<p>In May 2022, Italian fashion house Gucci started accepting digital asset payments in five US stores.<\/p>\n<p>In December 2023, billionaire Elon Musk revealed plans to launch Bitcoin payments on the social network X. The company is currently awaiting financial service licenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past year, the number of organizations accepting the leading cryptocurrency as payment increased from 2,207 to 6,126, marking a 174% rise. Shadowy Suppertaggers ftw. ? https:\/\/t.co\/TO0prl431n \u2014 \u26a1 BTC Map \u26a1 (@btcmap) January 7, 2024 This information was provided by the tracker BTC Map, which uses open-source data from OpenStreetMap. The service allows [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1198],"class_list":["post-9633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-crypto-payments"],"aioseo_notices":[],"amp_enabled":true,"views":"64","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9633"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9632"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}