Again and again the debate is on whether Bitcoin is more of a Store of Value or a Medium of Exchange. Many experts are of the opinion that both are true. On paper, the digital Gold is a good Store of Value. The currently high volatility will limit this, however, at the moment. This could, however, be with an increasingly higher market capitalisation, at some point in history, so that Bitcoin shows also in practice, as a good Store of Value. It looks similar with the function of Medium of Exchange.There, Bitcoin is also on a good path, but has not been exploited to its full Potential. A recent survey underlines that the Bitcoin stop Adoption in terms of means of payment and, if applicable, is already more advanced than most people think. According to the results of the survey, the 3 is a Bitcoin in Italy. commonly used means of payment for online purchases. And not enough BTC and Italy are also in other statistics is quite far forward.
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Bitcoin just behind Paypal in E-Commerce
Italy has recorded in the last years a significant growth in its E-Commerce industry. Meanwhile, more than 40 billion euros will be implemented in the country on online market places. Surprisingly, it turns out this increasing digitalisation in the most popular means of payment.The study showed that Bitcoin on 3. most common means of payment use in online purchases, directly behind Paypal to square 1 and PostePay on place 2. Specifically, the 3 payment is to be used funds on a monthly basis according to the study, with the following frequency:Paypal: 1.383.000 PostePay: 1.175.000 Bitcoin: 215.800 With this result, Bitcoin was able to land before the means of payment such as American Express or other credit cards, which frequently charge very high fees from merchants require.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
The BTC country “Italy” is how it goes
The results of the survey fit into the picture. Italy is also in other respects a fundamentally Bitcoin friendly country. Thus, data from Coinmap show that 15.3% of all stores that accept Bitcoin in Italy are located. 39 Bitcoin ATMs in the country can boast on the Mediterranean sea also.It is remarkable also: Italy is the country with the 4. most common use of Bitcoin at all. From the point of view that it is a relatively small country, it is very impressive.An explanation for the excellent state of Italy in the Bitcoin statistics is that the digital Asset is classified in the country as a legal currency. The world considers the use of Bitcoins is still relatively low, although the consciousness of the Mainstream grows, this is becoming more and more. The results of the study show however clearly, that the Bitcoin Adoption is on the rise. From the point of view, it is only a matter of time until this increased the Use Case could also have an impact on the courses.
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