Crypto clothing stores are popping up all over New Zealand.
While crypto clothing stores will typically offer a variety of crypto clothing items, they’re also beginning to offer crypto currency as well.
Bitcoin Cash, or BCN, is the cryptocurrency that has become a key part of the cryptocurrency craze.
The cryptocurrency has been gaining popularity over the last few months, with more than 3.6 million new coins being mined per day.
Bitcoin Cash was created on July 10th, 2018, by a group of people that collectively believe that Bitcoin is a better option for the future.
According to the Bitcoin Cash subreddit, its called a “virtual currency” and it’s “created on a peer-to-peer network.”
The community has set up a site called Bitcoin Cash Coin Exchange, which allows people to trade BTC for BCN.
It’s also worth noting that BCN has not been a widely used currency among consumers, but the crypto clothing store craze is gaining popularity.
As the Bitcoin cash price continues to rise, the demand for BCNs has skyrocketed.
“We are excited about the Bitcoin currency craze, and are starting to see the crypto clothes stores becoming a virtual currency stores with crypto coins,” a spokesperson for the New Zealand Bitcoin Cash Network told Business Insider.
New Zealand’s Bitcoin Cash network, known as Bcash, is already growing rapidly, according to CoinMarketCap.
It currently has more than 6,000 merchants accepting BCN for transactions, and it has more stores opening each day.
Some of the top retailers accepting BCNs are Bottega Veneta, J&A, and LVMH.
The Bitcoin Cash community is growing, but many people remain skeptical about the cryptocurrency.
Even some who have been invested in the currency are questioning its future.
Bitcoin Cash is being heavily criticized by those who believe it is a scam and the people who want to control it, according a recent blog post by Bitcoin Cash developer Satoshi Nakamoto.
Nakamoto is a self-described “Bitcoin skeptic.”
“If you buy BCN you are buying a fraud, and you are not buying a currency.
You are buying an investment, and that investment is being manipulated by people who wish to take control of Bitcoin,” he wrote.
While the BCN craze has continued to gain popularity, it’s not the only cryptocurrency crake happening in New Zealand, with other currencies also gaining popularity in recent months.
Bitcoin’s price rose by nearly 50% from $13.85 to $23.40 on Monday, according the CoinDesk Bitcoin Price Index.
In New Zealand alone, there are now about 10,000 BCN shops, according CoinDesk.
A few months ago, it was only possible to buy Bitcoin with $2,500 in New York, and in April it was worth about $3,300.
According to the New York Times, “Bitcoin, a virtual commodity that can be traded for dollars, euros and other currencies, has grown by more than 1,000 percent in value since it hit a high in July of 2017.”
The crypto clothing shops are not only opening their doors, they are also gaining a lot of buzz.
There are over 5,000 BTC shops in New Zee, according Toffee.
Another crypto clothing retailer, Crypto Cat, also launched a website in September.
Some of the clothing retailers accepting BTC are going so far as to offer free shipping to New Zealand customers.
Although the cryptocurrency is still not widely used in the world, some of the companies are starting their own crypto clothing sites.
Bitcoins are being used to buy everything from bitcoin clothing to clothing, including sneakers, hoodies, and more.
You can read more about New Zealand’s crypto clothing craze in the following articles: