We hope that you have understood the characteristics of Bitcoin from the explanation so far, but where exactly can you use it? We will introduce some concrete examples, from within Japan to overseas.
In Japan, there are still very few stores and services that accept Bitcoin, and according to the Bitcoin Japanese Information Site , as of February 2023, there are only about 200 stores, including brick-and-mortar stores and mail-order stores. For example, the electronics retailer Bic Camera allows you to shop with Bitcoin at all its stores nationwide.
However, we believe that Bitcoin will show its true value in cross-border and online transactions . According to Coin ATM Radar, as of November 1, 2024, there are more than 38,000 virtual currency ATMs around the world.
Source: Coinmap
Source: Coin ATM Radar
Coinmap shows a heat map of places where Bitcoin can be used, and in Asia, there are many stores in Japan, Korea, Taiwan, Thailand, etc. where you can shop with Bitcoin. However, I feel that Bitcoin is more widely used in the Philippines.
According to Coin ATM Radar , the United States accounts for 80% of Bitcoin ATMs.
Source: Coin ATM Radar
It would be convenient if you could use these maps to exchange your Bitcoin for local currency when traveling abroad.
Bitcoin ATM (Hong Kong)
For example, overseas there are many services that allow you to trade real estate with Bitcoin. Sites such as " Crypto Real Estate ", " Propy " and " Crypto Emporium " allow you to buy real estate with Bitcoin. (However, when using these services, please consult with an expert to see if you can actually legally acquire real estate. For example, Thai real estate is generally not available to foreigners, but Thai real estate is listed on these sites.)
Bitcoin can be used to send and receive money across borders without relying on banks or companies. This flexibility and low fees are what make it so appealing.