1500 Restaurants in Denmark Now Accept Bitcoin (BTC) as Means of Payment

Despite the bearish streak and the contraction of 2018, Bitcoin (BTC) continues to gain popularity and consolidate as a true electronic cash system. According to information from The Bitcoinist, Hungry.dk, a Danish portal specialized in food services with a database of more than 1500 restaurants nationwide, has recently decided to support the use of Bitcoins (BTC) as a payment method.

According to statements of one of its representatives, Hungry.dk, actually began to accept payment in Bitcoins since 2014, however, due to the clogging of the mempool and the difficulty to confirm transactions during 2017, they were forced to suspend the service temporarily.

This problem does not exist anymore in 2018, which is why the company, relying on the solidity of the cryptocurrencies and the business opportunity represented by their adoption, reopened the service, now with a larger customer base:

“We have accepted Bitcoins as a payment method for quite some time. We decided to remove the feature temporarily last year though because the average transaction time took too long, and the experience wasn’t the best.
The problems have since been solved, and we have added the option again… Hungry.dk handle the payment, so you will always be able to use Bitcoins with all the restaurants currently found on Hungry.dk.”

So far, the company has not given any statements about the number of orders paid with bitcoins, but it is very likely that the number of customers interested in purchasing their food with cryptos will be much higher than any previously recorded figure.

Bitcoin Accepted Here: A Growing Trend Among Businesses Around The World

Hungry.dk is just one example out of thousands. According to research by Larry Cermak , there are currently more than 13000 Bitcoin-accepting venues worldwide. Most are located in the United States, followed by Brazil, Italy, Spain, Germany, and Canada.

courtesy: The Block Crypto

Also, the most crypto-friendly city is Prague with 137 Bitcoin-accepting Venues. It is followed by New York, Buenos Aires and San Francisco with 130, 103 and 97 businesses respectively.

courtesy: The Block Crypto

Mr. Cermak comments that the crypto market can be very attractive for customers and merchants in the world, and that technological developments such as Lightning Network can help boost the use of cryptocurrency in the world:

“Even though the number of bitcoin-accepting merchants is still low and not increasing quickly, the narrative of paying with bitcoin still hasn’t died off. Whenever there is a bull market with high volatility levels, the number of new merchants that start accepting bitcoin increases. It’s unclear whether someone actually decides to pay with bitcoin – but the option is there. It will be interesting to watch whether the emergence of Lightning Network can spark interest and make bitcoin desirable for payments again.”

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