One of the most obvious paths how to spread the word about bitcoin and make it available for majority of people, who are far from let’s say progressive technical inventions is to make bitcoin available as a payment option in shopping malls, groceries stores, gas stations, and boutiques etc.
Bitcoin attracts a lot of attention of intellectual and business elite of the world. Hundreds companies and investors are funding and developing crypto related startups and blockchain protocol. Services like online wallets Coinbase or Blockchain.info, Bitcoin Debit card like Nanocard that allows to spend bitcoins anywhere in the world, BitPesa, that brought cheap money transfer service into Africa, and crypto currency exchanges like Bitstamp, Bitfinex, CCEDK, Poloniex, LocalBitcoins and many others constantly working and developing new improved services for their users. The popularity and peoples’ mass acceptance of Bitcoin is unstoppable now. Banks and other financial institutions feel the serious threat they have ever faced. And most countries’ governments cannot stop making barriers to prevent the blossom of crypto world, while gift cards, coupons, securities are widely accepted.
Ukraine gives a perfect example
In Kiev, there is a grocery store that operates since summer 2015 and sells natural groceries with Bitcoin as an optional payment system. The store is very popular because of the food assortment they offer, the owner spent a lot of time for negotiations with local farmers to supply products like meat, vegetables and fruits to the store. And sausages are bought directly from the factory that uses only local Ukrainian meat and uses it for making sausages indeed. So customers have an opportunity to buy products with high quality, because this is the main goal of the store owner plus innovative payment system, as bitcoin, brings this grocery store into completely new level of market with almost zero competition.
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