The acceptance and adoption of bitcoins is set to improve in 2018 and beyond. In April 2017, for instance, Japan officially accepted bitcoins as a legal form of making payments. As of December 2017, more than 300,000 retail stores and food establishments were accepting cryptocurrency payments. The bold step taken by Japan set a precedent for other nations to follow.
As other countries such as Argentina, India and Australia work on structures that will help in implementation of digital currencies, bitcoin’s success is helping countries like Japan to be more influential. In the years to come, all nations, whether they are developed or they are still developing, will have fully adopted bitcoins.
As of December 2017, more than 30,000 wallets were being created daily. In fact, there are rumors that very soon Amazon will begin accepting cryptocurrencies. Once such big organizations accept bitcoins, nobody else will be able to stop the growth of bitcoins.