Quote from: Reatim on October 07, 2019, 01:58:29 AM

Quote from: Kyraishi on October 07, 2019, 12:39:36 AM

Pretty interesting stats, even if it is just 0.001% of all transactions, we've seen quite a lot of volume when it comes to using BTC, and keep in mind, 0.001% of the transactions in the US is still a huge number, for sure.

Remember that this is only for US means we take the .001% so what more if we add the other countries or should I say Continents?specialy Europe and Asian countries?this can be more even higher so this stats shows how large Bitcoin reached just for more than 5 years since this stats isnt for 2016 when we reached the hype in 2017 ,if the stats recorded year after surely its more larger

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Are these stats only counting retail as purchases made by cryptocurrencies in person? Or do these also count transactions online from big brands (eg, buying a computer of newegg for BTC), or using purse.io to buy items of amazon?

I think this is the overall stats sine US will not release records that is incomplete

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Decent step to adoption, but a lot more needs to be done before we can reach a higher percent.

Well we must see also the world record to attract many investors if they saw the success of cryptocurrency and not just Bitcoins

That's true, I'd put the US in the middle for bitcoin adoption, hasn't had the best regulations, but still has a lot of people who use and spend BTC, I'd definitely estimate some other countries like Singapore or Japan to have over 0.1% of all transactions be crypto-based, especially with projects like Pundi X making such a huge impact in Singapore.

I think we'll need to see a lot more investments and companies that are willing to take BTC, and then give it some time and consumers will be interested in paying BTC.