Top 4 Bitcoin Acceptance Trends in 2019: ATMs, Central Bank, Tourism, Smartphones

We live in such a dynamic time when people begin to evaluate which technologies will be decisive in the future. Bitcoin in this sense is no exception. Investors and crypto enthusiasts keep track of which trends will be the most significant and important in the field of currency rates in 2019.

Bitcoin ATMs

According to some reports, 2019 will be the year of the mass appearance of Bitcoin ATMs throughout the United States. Recently, 30 new devices appeared in Chicago, as a result, their total number reached almost 100 devices. In another major city of Philadelphia, the total is close to similar values.

ATMs are designed exclusively for buying bitcoins , but in New York there are traditional ATMs that sell this currency to users. First you need to create accounts with the LibertyX payment bitcoin provider. After completing the verification procedure, Bitcoins can be purchased for up to $ 3000 per day, and this can be done using debit cards.

Thanks to these ATMs, people will start using bitcoins and cryptocurrency as a whole, discovering new opportunities. Since they are already used to using ATMs, for them it will be more comfortable than activity on the exchange.

Central banks will enter the cryptoindustry

Probably, in 2019, central banks will begin to support cryptocurrencies, complementing their gold reserves.

At the first Bitcoin summit in Israel, a crypto enthusiast and Bitcoin pioneer Nick Sabo named the reasons why more and more countries will start using cryptocurrencies. He especially emphasized countries with financial problems and an unstable political situation. He also believes that central banks will begin to replenish their reserves with cryptocurrencies.

In 2018, the managing director of the International Monetary Fund (IMF), Christine Lagarde, explained why central banks should issue cryptocurrencies. Perhaps in 2019 this trend is not transformed into a full-scale adoption, but it is obvious that central banks should not avoid bitcoins.

International tourism for bitcoins

In May 2013, someone spent 10,000 BTC on pizza, now a new trend – an increase in the number of companies and localities that encourage tourists to use bitcoins. In March 2018, the German Tourism Board officially began accepting Bitcoin for its services.

More recently, the Australian beach town in Central Queensland has become the first digital tourist town to use digital currency.

When people travel to different countries, the first thing they do is go to exchange points. Cryptocurrencies save travelers from unnecessary trouble. All you need to have with you is a smartphone with a crypto wallet , no cards, no cash and fussy running around the city.

Increasing the number of smartphones with a crypto-currency wallet

The plans of each major brand of technology incorporated the creation of a new type of devices (smartphones), which will be equipped with built-in wallets, allowing you to store Bitcoins and other cryptocurrencies. At the end of 2018, HTC announced the release of Exodus 1, a blockchain- based phone with an integrated wallet. The model was sold exclusively for cryptocurrency.

There are also rumors that the Samsung Galaxy S10 will include a cryptographic wallet called the Samsung Blockchain KeyStore.

It is too early to talk about how successful such phones will be, but it is quite possible that users will contact them instead of hardware wallets. Technical brands always follow trends and almost never invest in unviable initiatives.

Publication date 18.02.2019
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