Bitcoin is the first cryptocurrency invention to make a revolution in Blockchain technology. This virtual cryptocurrency already made popularity over the business industry.
For those who are using Bitcoin as a monopoly investment, the programmability of the currency API enables unlimited possibilities of use in reality.
If you are an entrepreneur or an investor, you may love Bitcoin as a business modifier. You are using this Bitcoin, not because of your interest, but also because of its value in the market regards fiat currency. Bitcoin has the Individual disruptive ability to operate as money.
Now, you can spend your Bitcoin in many exciting and fun things. Bitcoin can be the leader of the future investment market as its present activity. Bitcoin is being used for online gambling to retirement investment. That’s why the users of Bitcoin are increasing day by day.
Here we will explain the possible ways to use Bitcoin. So that to meet the desires of those already occupied by “Satoshi”.
Online places where you can use Bitcoin.
There are many online merchants that accept Bitcoins. With Bitcoin, you can buy products and services from them. Here is a list of some major traders:
- JOJOvo– the first and the largest online marketplace in the world. It fully supports Bitcoin as payments. They accept Bitcoin as a form of payment to shop. Also, the customers can buy their products in exchange for any cryptocurrencies they want. JOJOvo is the leading and latest e-commerce marketplace where you can easily buy things with Bitcoin. Any products from clothes to electronics and home-appliance you can shop with Bitcoin.
- Overstock — also the big online retailer that accepts Bitcoin payments. Here their customers can order any products with Bitcoin.
- Microsoft — is one of the world’s largest companies that indirectly accept Bitcoins. They provide users to credit their account balance using Bitcoin.
- Shopify — a well known online platform that provides its customers to use Bitcoins. Bitcoin users can make their own virtual stores like eBay and Etsy.
- Newegg — a major online retailer that sells consumer electronics and computer hardware. The good thing is they accept Bitcoin payments for most of their products.
- Etsy — About 100 vendors (sellers) now receive Bitcoin payments with the easy buy policy.
You can buy something with Bitcoin offline too.
Making Gifts with Bitcoin
You will probably know the famous American gift card site eGifter. Well, it was among the first websites to offer the possibility to buy virtual gift cards with Bitcoin. And now it has gone even further. Because eGifter accepts Bitcoin, Bitcoin Cash, Litecoin and Ethereum. In short, although “in your pocket” you only have a digital currency, you don’t have to worry about that. Here is a way to gift it to your partner this summer. Do you think you can also buy Carnival Gift Cards to cruise the famous American ships?
Pay Taxes with Cryptocurrencies
This is a place where we would like to spend a little time. But the tax collection offices are adapting to the times. And in Switzerland taxes can be paid in bitcoin up to the most amount of 250 francs. It takes place in the cities of Zug, known for being the headquarters of the Ethereum Foundation. And in the town of Chiasso closest to our border.
Travel by plane
The airline AirBaltic has accepted bitcoin payments since 22 July 2014. We can undoubtedly consider it the first airline to have done so. From the page of accepted payments, in English, BTC is still a valid payment method. But with a limitation. Bitcoins are accepted only for air tickets purchased five days before departure. No last minute with cryptocurrencies, unfortunately.
But the alternatives are not lacking. Small online travel agencies accept payment in digital currency. They accept Bitcoin to book air flights and holidays of all kinds.
Rent a car
According to the American website spendbitcoins.com, there are some car rental companies in the USA that accept Bitcoins. And around the world, they are ready to accept bitcoins for renting the car. The list is to be verified. But it is possible that some private car hire will accept cryptocurrencies to get paid.
The Crypto Lands
Are there crypto lands? Or small self-proclaimed states where only cryptocurrencies are accepted? According to the founders of Liberland yes!. According to Serbian authorities and for Google Maps, no. The small state of 7 sq km is based on a voluntary economy where only cryptocurrencies circulate.
Puertopia is instead emerging in Puerto Rico. There are many wealthy people especially Americans from California. They invested their own funds to buy a piece of land. So that they could convert the cryptocurrency-based economy into a new city.
Varyon (VAR) will instead be the token generated on the Ethereum blockchain at the base of the economy of a new series of small islands that should arise in French Polynesia. An ideal now Blue Frontiers. A utopian and at the same time fascinating project, probably reserved for the rich with so much money to spend.
They are increasingly known and often palatable, but what can you buy with bitcoins?
The aspect that would make bitcoins real would be the concrete. And also the direct possibility of being able to buy things from them. Yes, because when we talk about bitcoin we discuss a crypto coin. All the descriptions that illustrate its characteristics always use images of money. To give an idea back to readers it uses the different articles of currency. Yet bitcoins are not like fiat currencies. They are encrypted keys, magnetic ink that can disappear as quickly as it appeared.
Even the ICO- a crowdfunding method through an unregulated token. Initial coin offering standing since 2013 – it does not provide money or real currency. But bets promises to structure a cryptocurrency business. And thus create income to be returned.
The development of cryptocurrency is growing day by day. And its ability to buy real goods and services should prove to be a crucial process during 2020. But at the moment it is a rather uncertain system.
Can you really buy something with Bitcoin?
At the moment you can use Bitcoin in many places. There are many more purchasing possibilities in Asia. Even this more than in Europe and the United States. Koreans, for example, don’t have to buy yuan to buy products from China. But they can use Bitcoin or other cryptocurrencies directly.
The ATM cristobalite is already a reality. But often the greatest opportunities to offer only in developing countries. And thus lack a stable currency, in priority to others.
Moving between different legal currencies always means going through the foreign exchange market. Such as the yuan and the yen. And currency exchange services are not cheap at all. But, on the cryptocurrency front, an ether remains an ether worldwide.
Very contradictory stories are told about the physical goods. But that can be purchased with bitcoins. Most of the assets that can be purchased directly with bitcoins available near you. But they can be located outside of your country. Such as real estate in Dubai or university degrees in Cyprus.
The use of high-end merchants is beginning to spread, especially in some Las Vegas casinos. But it should be specified that these are always individual agreements. And that there is still an abyss between cryptocurrency and cash in the United States.
In Korea, there is a 14% of workers have already had experience with cryptocurrencies. It is possible to use bitcoin to travel there. You may know about real-time funds transfer system Ripple. It was born under the influence of a willingness from a South Korean bank. They made it begin the international trade process.
What to buy with bitcoin? The real buying power of Bitcoin
So now you know how the Bitcoin is developed to the entire cryptocurrency market. And now you have to know the things that you can buy with Bitcoin. So what do you think what can you buy with Bitcoin today? A bag, A phone or clothes for your family? ok, don’t worry we here we explain all these things along with cryptocurrency power.
In this time, cryptocurrency made its own position stronger as like fiat currency. Also, people are bored carrying cash with them. But as the Bitcoin is valuable and running up daily, people are trying to make available to buy things with them. Thus they are finding the place and way to something with Bitcoin. Here we listed some areas that accept Bitcoin. You can use your Bitcoin here and get available services from them.
So are you ready to wonder the feel of what to buy with the Bitcoin world? We listed the quirky and conventional things that you can buy with Bitcoin.
What would it be like if all the delicious and satisfying foods were bought with Bitcoin? But you can buy food with Bitcoin in your real life now. You can buy Cheese fries, Burgers, Pizza, and a lot of other foods using Bitcoin.
There are many Fast food shops and food stores are now available that accepting Bitcoin. They updated their system so that they can give the Bitcoin payment system for goods. Also, you can buy fruits, vegetables, and other healthy groceries using this cryptocurrency. We listed many more options than you can buy them with Bitcoin. Check out all these food items.
- Cheese Fries
- Fried Chicken
- Salads and Submarine Sandwiches
- Wild Jerkies
- Thai Food
- Fruits and Vegetables
- Bread and Pastries
- Olive Oil
- Hot Sauce
- Emergency or Survival Food
Drinks and beverages
Today Bitcoin can help you even if you want to take your drink with it. Stop running with your hot coffee on the cup. Because now can buy your drinks even coffees with Bitcoin. You can celebrate a special occasion with your partners. Also, you can chill with your friends to buy some wine and beer with Bitcoin. So today Bitcoin offers you the most convenient buying and availability near you. Here you can find some beverages listed below. All this you can buy with Bitcoin from the store that accepts Bitcoin.
- Coffee (Espresso)
- Alkaline Water
- Energy Drink
Clothes and Shoes
Clothes and shoes are the necessary things that every person needs in his daily life. So if you can buy things with Bitcoin in this present time that could be awesome, right? But the true things are You can buy your daily needed clothes and shoes with Bitcoin. Bitcoin can give you the chance that you can buy jackets, shoes, coats, tees and many more garments items with Bitcoin. You can find out what you can buy with Bitcoin from the shoes and clothing items:
- Dresses (Men’s and Women’s)
- Hats and Caps
- Tees and Tops
- Jackets and Coats
- Capris and Pants
- Shoes (Men’s and Women’s)
Electronics, Hardware, and Accessories
With the advent of technologies, our products have become much easier to use and buy. And day by day it’s getting easier and newer. We now need gadgets for almost everything. From morning to night until going to bed we use some types of electronics daily. Here we listed some of the regularly used electronic devices that you can buy with Bitcoin. You can buy mobile phones to laptops, Cameras to Security equipment, and even printers. Some effective and useful devices that needed for everyone can buy them with Bitcoin. Check the list below:
- Power Bank
- Smart Phones
- Speakers and Headphones
- Solar Panel
- GPS Tracker
- LED Lighting
- Portable Solar Panel
- Metal Detectors
- CCTV and Security Equipments
You can purchase your personal things using Bitcoin. Also, you can easily buy home electronics and home appliances with Bitcoin. Now there are many online shopping sites and stores are providing these services. So that the user of the Bitcoin can easily use their Bitcoin buying products from their site. A wide range of products and brands are available across the world that accepts Bitcoin. You can order and payment with Bitcoin using the payment system on the site. Some home appliance items that you can easily buy with Bitcoin are listed below. You can find them and buy them with your Bitcoin cryptocurrency.
- Kitchen Appliances
- Washing and Cleaning Machines
- Air Conditioner and Heater
- Humidifiers and Diffusers
The truth at the moment is that the main things that you can buy with cryptocurrencies are money. With possible price stability, you can use Bitcoins. There is an opportunity to extend the use of cryptocurrencies to international trade.
But laws and regulations are necessary in any case. Criminal events have ties to violate international sanctions. The current trend further complicates the relationship between cryptocurrency and the state.
Wells Fargo & Co, one of the major American banks, made a fortune by “following the money”. And they are participating in the gold rush in California. In the same way, Chainalysis tries to get rich by going to ride the boom of cryptocurrencies. Chainalysis is a research company specialized in the study of Blockchain. According to the company, the point is in providing anti-money laundering software. And in fact, it has already entered into a contract with a government agency. Also, the Internal Revenue Service, and with other federal agencies to track transactions.
They were able to slowly shed light on the disappearance of at least 20 billion of the bitcoins lost on the blockchain. And they analyzed the criminal phenomena developed around cryptocurrencies. They have noticed that criminals are leaving bitcoins for a currency like Monero. This makes anonymity their first feature.
I’m goinbg to end by saying several rules. The above information cannot be invested on the basis of general knowledge only. One must know all about Bitcoin before investing any money. It is very new and it takes months or more to realize this effect on the entire world economy. The investor has to invest in Bitcoin by studying for himself.