Kim Grauer, senior economist at Chainalysis, was on vacation with her boyfriend in Tulum, Mexico, when she passed a restaurant with a sign saying it accepted cryptocurrencies. It hasn’t been the last such place.
“You definitely see it popping up more and more,” Grauer said. “As the developers are creating extremely user-friendly apps, it would make complete sense it would pick up.”
Some people are even paying their rent with bitcoin.
ManageGo, a New York-based rental platform that offers payment and maintenance services to landlords and tenants, accepts the cryptocurrency for its 400,000 units across the country. In January, 38 people paid their rent with bitcoin, said Chaim Lowenstein, vice president of business strategy at ManageGo.
“It could be close to double [in February],” he said.