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Prague Named as the Best City to Spend Cryptocurrency

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  • New research reveals the top ten cities with the most venues that accept Bitcoin as a payment method.
  • Surprisingly, Prague tops the list with 154 venues that accept cryptocurrency payments.
    No Chinese cities make the list despite popular cryptocurrency NEO remaining in the top 20 cryptocurrencies on Coin Market Cap.
  • The research reveals an explosion in the number of places accepting Bitcoin, suggesting that cryptocurrency is steadily being adopted as legal tender.

With Bitcoin-accepting venues spanning attractions, shops, restaurants, bars, lodging, transport, sports and more, these cities are paving the way for a fintech-fuelled future.

Bitcoin Hotspots reveals the world’s best cities to spend the cryptocurrency, how many venues accept Bitcoin as a payment method and the types of venues that accept the payment method, with surprising results….

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For instance, Prague, capital city of the Czech Republic, tops the list ahead of tech savvy San Francisco. Prague has a whopping 154 venues, including 12 ATMs that are supportive of the leading cryptocurrency.

Though it may not come as a surprise to see the likes of London and New York within the top ten, Buenos Aires outranks both capital cities, claiming 2nd place with 130 separate venues.

Known for its picturesque mountains and endless number of ski resorts, rural Vienna may not spring to mind; however, it takes 9th place.

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Perhaps one of the most surprising stats is the distinct lack of Chinese and Japanese cities that make it into the top ten. Tokyo is often hailed as a technology paradise yet has failed to adopt Bitcoin as quickly as European cities.

Meanwhile, China doesn’t get a look in despite the ever-increasing popularity of NEO, which remains one of the leading cryptocurrencies on Coin Market Cap and is often dubbed “Chinese Ethereum”.

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Bitcoin hotspots: The top ten cities that accept Bitcoin payments

Ranking City Number of Venues
1st Prague 154
2nd Buenos Aires 130
3rd San Francisco 111
4th London 102
5th Madrid 97
6th Arnhem 86
7th Bogota 85
8th New York 80
9th Vienna 79
10th Berlin 77

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