Antigua

Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide

04/06/2022 by Idelto Editor

Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai.

Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption

According to the web page map.bitcoin.com, there are thousands of merchants worldwide that accept bitcoin cash (BCH) for goods and services. Moreover, if one was to visit the Reddit forum r/btc, they would notice a great deal of posts highlighting adoption in places like Dubai, Mumbai, St. Kitts & Nevis, and St. Maarten.

Bitcoin.com News previously reported on St. Maarten’s Parliament member, Rolando Brison, revealing he requested to get his entire salary converted into bitcoin cash. Map.bitcoin.com indicates there are over 160 merchants that accept BCH in the region.

Bitcoin cash is now accepted by the platform Caribeeats (caribeeats.com) and BCH can be used to get food and groceries delivered in more than 15 different countries. Caribeeats services regions like Barbados, Dominica, Grenada, U.S., Jamaica, Montserrat, St. Kitts, St. Lucia, and more.

As of today, https://t.co/jo5L9YGhz9 accepts #BitcoinCash! Try it today in #Antigua #BVI #Barbados #Bahamas #Caribbean #Grenada #GUYANA #London #Trinidad #USA https://t.co/K8GOsZM66j pic.twitter.com/SQxZRcVPAp

— Roger Ver (@rogerkver) May 28, 2022

Numerous Reddit posts and map.bitcoin.com reveal BCH is starting to see a presence in Dubai at establishments such as Masala Mantra, Tandoori Junction, Great Wok, Bermuda Diving Center, X Factor Restaurant, Franck Muller Middle East and India, Perfetto Pizzeria, and Business Village.

Similarly, BCH adoption is taking place in India’s de facto financial center, Mumbai, as well. In mid-April, Hosanna House Montessori School, a children’s school located in Mumbai, announced it has become the first Montessori school in India to accept BCH.

On June 2, Nahar Medical Center revealed it became the first medical facility in India to accept bitcoin cash. In Mumbai, BCH is also accepted at Jayant, Paramount Sports n Nutrition, Vig Refreshments, Super Waves, Copa, and the Haute Dog Pet Salon & Boutique Store.

Bitcoin cash has been gaining significant adoption in the Caribbean dual-island nation of St. Kitts and Nevis, as the region has a total of 159 merchants that accept BCH, according to map.bitcoin.com. Last month Club Dubai in St. Kitts revealed it accepts bitcoin cash (BCH) payments and Kentucky Fried Chicken (KFC) in St. Kitts has adopted BCH.

Bitcoin cash is also accepted at Burger King St. Kitts and the island’s Panda Supermarket accepts BCH. In St. Kitts, the crypto asset is further accepted at Sun Island Clothes, Karma Asian Cuisine, Econo Retail Shop, and Oracle Martial Arts Academy.

Merchants accepting bitcoin cash are prominent in a number of other regions worldwide including Anguilla, Antigua, Japan, Venezuela, Slovenia, Australia, Philippines, Vietnam, Ghana, Zimbabwe, Argentina, and more. Additionally, a good portion of the companies that take BCH for payments are accepting the digital currency directly, rather than using a third-party or payment processor.

The crypto-accepting businesses can be found on map.bitcoin.com, but BCH users can also leverage the websites Green Pages and Acceptbitcoin.cash in order to view brick-and-mortar and online merchants that accept the peer-to-peer crypto asset.

What do you think about all the merchants worldwide that accept bitcoin cash for goods and services? Let us know what you think about this subject in the comments section below.

Buying Items and Services With Bitcoin: A Look at Crypto Asset Accepting Merchants in 2021

24/01/2021 by Idelto Editor

While the price of bitcoin and numerous cryptocurrencies have jumped in value, a great number of merchants have been willing to accept digital currencies for goods and services. These days a crypto proponent can buy literally anything with their crypto assets and some of these items are very unique and extraordinary.

Crypto Spenders Can Build a Dream Home or Acquire Luxury Vehicles

There’s an awful lot of things people can purchase in 2021 by using cryptocurrencies like bitcoin, ethereum, bitcoin cash, litecoin, and others for payment. Since prices have been bullish, there’s been even more cryptocurrency acceptance taking place and even Paypal supports crypto assets. The following post is a list of a great number of crypto accepting merchants and items you can purchase using digital currencies. Because there are thousands of items and services people can buy with crypto assets today.

For instance, bitcoin cash (BCH) supporters can leverage BCH to purchase a dream home in Antigua, by leveraging the local real estate firm Remax Antigua. But that’s not all, according to current data from map.Bitcoin.com, there’s a whopping 60 bitcoin cash (BCH) accepting merchants located on the island of Antigua.

Moreover, people can leverage the map on map.Bitcoin.com to find thousands of BCH accepting businesses all over the world. Cryptocurrency users can also find other areas in the world that are renting or selling apartments, villas, townhouses, flats, and more. Just in case the person wants to relocate to another area in the world, they can by using crypto assets for settlement.

Thousands of Crypto Accepting Merchants Worldwide

Crypto users can also purchase various forms of aircraft, trucks, and an assortment of luxury vehicles like a Bentley, Rolls-Royce, or a Bugatti. The Atlanta-based Bitpay also has an enormous list of digital currency accepting merchants that leverage the firm’s payment system. With Bitpay, users can spend stablecoins, bitcoin (BTC), bitcoin cash (BCH), and ethereum (ETH).

The directory shows that people can spend crypto for gift cards at Amazon, Delta, Doordash, and Google Play. People can buy electronics from Newegg and jewelry and precious metals from Inverdiamond and Apmex. Moreover, Bitpay’s directory highlights things like entertainment and gaming that can be purchased from companies like Microsoft, Twitch, and Dish TV.

Digital currency spenders can also buy clothes with crypto assets like hats, scarves, sweaters, jackets, and more. As of July 2020, over 2,500 Austrian merchants can accept cryptocurrency payments via the payment processor Salamantex. Digital currency supporters can further leverage Purse.io to get up to 20%+ discounts on Amazon by shopping with BTC or BCH. Hundreds of businesses worldwide accept crypto assets through the payment gateway gocrypto.com. Today, people can purchase a wristwatch crafted by luxury watchmaker Franck Muller with crypto.

From dresses, scooters, earrings, coffee (espresso), wine, soda, beer, energy drinks, and alkaline water, you can buy literally anything with cryptocurrencies. It’s likely that as crypto-assets continue to grow in value, the acceptance of such assets will swell as well.

What do you think about all the items you can purchase with crypto assets in 2021? Let us know what you think about this subject in the comments section below.

Antigua and Barbuda to Set Up a Cryptocurrency Exchange

02/04/2018 by Idelto Editor

The government of Antigua and Barbuda has decided to set up a cryptocurrency exchange. Authorities in St. John’s want to generate revenue for the nation’s treasury and place the country “on the cutting edge of the new system of creating wealth”. The local parliament is set to review and adopt the relevant legal framework.

Also read: How the Marshall Islands Sovereign Cryptocurrency Came About

In the Front Seat

Trying to cash in on the global fintech wave, Antigua and Barbuda plans to set up its first cryptocurrency exchange. The legislation needed to create the necessary legal framework is to be introduced in parliament shortly, the local Daily Observer reports.

According to the Minister of Information Technology, Melford Nicholas, the exchange will bring together buyers and sellers facilitating crypto trade for a fee. The government expects that the trading platform will generate non-tax revenue for the budget of the island nation. An official statement reads:

Antigua and Barbuda is determined to be on the cutting edge of the new system of creating wealth.

“By establishing an exchange here we will bring Antigua into the game, as it were. Should there be any potential economic spinoffs, we should be in the front seat,” Mr. Nicholas said.

The IT Minister also revealed that Canadian-born businessman Calvin Ayre is one of those involved at the forefront of the new cutting edge technology. The online gambling entrepreneur, who is known for his enthusiasm for cryptos, especially bitcoin cash (BCH), is advising the Antiguan government on cryptocurrency matters.

“Mr. Ayre was appointed as an economic envoy and he is now a citizen of Antigua and Barbuda. We think we can leverage both of those relationships,” said Melford Nicholas.

Last month Calvin Ayre announced intentions to build a $100 million resort at Valley Church beach, Antigua, with profits from his cryptocurrency undertakings. In January he said he was planning to invest in a mining facility dedicated to bitcoin cash. The new resort will accept BCH payments.

Leader in Bitcoin Adoption

In 2017, the government of Antigua and Barbuda said it was drafting laws “to implement bitcoin”, as news.Bitcoin.com reported. Antiguan authorities believe bitcoin is benefiting the Caribbean nation, whose economy relies heavily on the tourism and gambling industries. The online gaming sector has developed rapidly in recent years.

Antigua and Barbuda is a sovereign state consisting of two major islands, and a number of smaller islands, situated between the Caribbean Sea and the Atlantic Ocean. It is a member of the Commonwealth of Nations. Authorities in the capital Saint John’s hope their country will become an early leader in bitcoin adoption and blockchain technology implementation.

Do you agree that small independent nations have the best chance to become true leaders in bitcoin adoption? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

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