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It all began in 2009 when James Howell obtained bitcoins through mining. Back then the IT worker managed to mine 8,000 BTC when its value was barely above $0. The price of bitcoin then soared in 2013, hitting an all-time high of $1,100 before closing the year 85% lower than its peak.
A survey that was conducted from December 3 until December 16, 2021, by Deloitte in collaboration with PayPal, shows that almost 75% of retailers are planning to accept bitcoin and crypto as payments. This is in regard to the sample data that they gathered from 2,000 senior executives at retail organizations in the United States.
