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What happened to retailers accepting Bitcoin?

avatar of @contrabourdon
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@contrabourdon
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I can’t remember how many years ago now, but when Bitcoin was all the hype (well when ever was it not a hype?) a lot of retailers and food outlets were accepting payments in Bitcoin. These places had QR codes for their wallet addresses and the Bitcoin logo on the front counter. My question is...where have they gone now? I can even recall a “Bitcoin ATM” in my town (small city in regional NSW, Australia). The ATM allowed you to buy Bitcoin or sell it back for cash. This has now disappeared too.

Perhaps there was a lack of interest in the community? Or is it because the “community” is predominantly online and transacting with a sense of anonymity? Another reason could be that the average folk see this internet money as too confusing and risky. But with apps such as CoinJar, sending and receiving crypto is as easy as sending emails. We don’t expect people to send email via complicated commands—sending and receiving crypto can be as easy as email too!

It would be great to see crypto payments at brick-and-mortar venues again. I’d gladly pay for my iced coffees with my “internet money”.

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