November 29, 2018, 4:20PM EST
• 3 min read

Buying with bitcoin? Though still not common, a tiny city in the Netherlands points the way to a digital future

Quick Take

  • There is clear correlation between bitcoin’s price and the number of venues that start accepting the crypto as payment
  • The United States has, by far, the highest number of bitcoin-accepting venues but when weighted by population, Slovenia and the Czech Republic take the lead
  • Prague is the most bitcoin friendly city but Arnhem, in the Netherlands, has the most bitcoin-accepting venues per million people
  • After analyzing the physical venues that accept bitcoin, it’s clear interest remains from both merchants and customers to accept bitcoin payments

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