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Author: Admin | 2025-04-28
To soon be accepting Bitcoin as paymentPopular food delivery app, Just Eat (France only), will take order payments in BTCTravel websites like Expedia.com and CheapAir.com accept BTC for flight purchases (*Source)There are certainly other institutions we could add to the list, but this gives you a good idea.Most Bitcoin payment processors will also provide a QR code at the checkout, which represents a Bitcoin address and a payment amount.QR codes are very convenient, making it easy to pay via the Bitcoin wallet application on your smartphone. Simply scan the QR code and it will pre-fill the recipient's Bitcoin address, and the requested payment amount. Once you send the transaction, the payment is complete. Are Bitcoin Transactions Traceable?All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network. Bitcoin addresses are the only information used to define where Bitcoins are allocated, and where they are subsequently sent. These addresses are created privately by each user's wallet. Since users usually have to reveal their identity in order to receive services or goods, Bitcoin addresses cannot remain fully anonymous. Also, the Bitcoin network is a peer-to-peer network, and it is possible to log users' IP addresses. Which Countries Back Bitcoin as a Currency?As mentioned above, the only country which accepts Bitcoin as legal tender in 2023 is El Salvador and the Central African Republic. However, that said, there are many other countries that are Bitcoin-friendly. The legal status varies from country to country, but the list of countries that accept Bitcoin is constantly expanding.Bitcoin operates independently of any central bank, contrary to other well-known currencies (e.g., the US Dollar and the Euro). The Bitcoin network does not have any other central point or single administrator either, which makes it a decentralised digital currency. The US, for example, has been quite positive
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