"2023 Sees 174% Surge in In-Person Bitcoin Acceptance"
The number of in-person merchants accepting bitcoin has nearly tripled in the past year, with over 6,000 vendors now accepting the cryptocurrency globally, particularly in Latin America. Despite its volatile price swings, the trend indicates rising bitcoin adoption, although using bitcoin for physical goods may pose risks due to its fluctuating value. While vendors are located worldwide, Europe, the United States, and Latin America show higher concentrations, while East Asia, particularly China, lags behind due to the cryptocurrency ban.