Wanna Spend Your Forked-BTC? BitcoinMap.Cash Helps Users Find Places to Use Bitcoin Cash
Although virtual currencies expanded around the world, it is still difficult to find places that accept digital currencies for daily purchases. However, an application called Bitcoinmap.cash is currently listing locations where it is possible to spend Bitcoin Cash (BCH) and other digital assets. The map provides information about restaurants, bars, hotels and also stores.
Bitcoinmap.cash Allows Users To Spend Bitcoin Cash
Bitcoinmap.cash is a platform built as a community project that has a web and a mobile version for Android devices. The places displayed on the map are those accepting Bitcoin Cash. Nonetheless, some of them might accept other digital currencies such as Dash or Bitcoin (BTC). There are some places that make 20% discount on the first BCH payment made.
The main intention of this initiative is to support the growth of the crypto market. Allowing users to spend their virtual currencies is one of the many ways that it is possible to increase usage and understanding of how the cryptocurrency market works. The app’s Google Play store page says that Bitcoin has value because it can be used to process payments. If people do not use it for real-world p2p payments it will never reach its potential.
The developers of this application are known as The Real Bitcoin Club that aims at promoting the adoption of virtual currencies without the participation of payment processors and government engagement. Some of the coins that they support are Bitcoin Cash and Dash because they offer low transaction fees and allow users to participate in different places.
Although the map works fine, there are several venues that have not been added and that accept Dash. According to discoverdash.com, Venezuela has more than 2442 shops and places accepting Dash as a virtual currency when in the Bitcoinmap.cash there are just a few places where it is possible to spend Dash.
Bitcoin Cash is a virtual currency that forked from Bitcoin in 2017 because it did not agree with Bitcoin’s decision to search for off-chain scaling solutions. Bitcoin Cash has been working to increase block size and allow the network to process more transactions on-chain.
At the time of writing this article, Bitcoin Cash is the 6th largest virtual currency in the market. It has a market capitalization of $2.94 billion and each coin can be purchased for $166.