What Can You Buy With Bitcoin?
Bitcoin was always intended as a digital currency and a way to transact and pay for your goods online. Across the web, the number of business outlets accepting Bitcoin and also using it for their own business transactions continues to grow.
However, the volatile market prices and potentially hight bitcoin transaction fees are gradually rendering bitcoin transaction less effective and less attractive than perhaps before. We’re still yet to see the really mainstream adoption of Bitcoin as a payments currently across the big name online vendors, but it is still an attractive option for some.
There is a subset of business merchants out there who still endeavour to make their business transactions using Bitcoin as the only choice. That’s despite the fact, perhaps – that it doesn’t yet meet their hopes and expectations to the fullest.
Regardless of its market share alongside the likes of Visa, Mastercard, Apple Pay and Google Pay, we can still say bitcoin has still found a way into online businesses.
If you are an online oriented business person, cryptocurrency is an ideal avenue to trade your varied range of goods and services online. Cryptocurrency has many pros as a tool for transacting online businesses and one such is the ease to transact across borders with guaranteed security.
It should be noted, however, that this is not the case if you are involved in physical transactions where goods are physically delivered across borders. In that case, it’s still entirely possible that the anonymity of your physically transacted goods may be compromised.
The brighter side of bitcoin comes in here enabling you to get in touch with a wider market and you don’t have to worry about buyers canceling the already made payments once they have received the products delivered.
Buying Gift Cards with Bitcoin
What are the best solutions to use when buying gifts and presents with Bitcoins?
Well, some of the most common ways include Gyft, or eGifter and other gift card options. With a gift card, the recipient can then buy whatever they like from a wide range of online retailers.
Buying Flights with Bitcoin
Want to pay flight charges though Bitcoin and wondering how? Well, the best and the most commonly used way is Expedia. Expedia offers an easy route for you to make your air flight bookings and pay for your tickets using Bitcoin. Other options include Suf Air and CheapAir. You can also use Bitcoin with Virgin Galactic when booking your flights and tickets.
There are so many great ways to spend and enjoy your Bitcoins.
Most people love watching movies and playing games, be it on the desktop, tablet, or mobile smartphones. Well, Bitcoin technology has penetrated so far into big tech services that the likes of Microsoft are now installing Bitcoin services in app stores where you can download and enjoy these features. What’s more, there are some celebrities and musicians who allow you to download their music through these online digital stores in exchange for Bitcoin and other cryptocurrencies. This is an experience worth trying.
People love giving surprises to their best friends, partners, and other important people in their lives. Bitcoin is a new payments platform which allows for you to buy, share and send your gifts with ease.
In exchange for Bitcoins, you can get almost all services and goods delivered to your door these days. Indeed, buying a Pizza online was one of the first Bitcoin transactions!
You need to note however, that Bitcoin payment processing varies and often depends on what service you’re using and in what region and jurisdiction you live.
Even if you have precious items like gold or silver and would love to exchange them through Bitcoin, all that is now made possible through services like Sharp Pixley, APMEX, and JM Bullion.
Bitcoin in Education
The opportunities are made even made better when you consider that most teaching and learning institutions are now beginning to accept Bitcoins as a means of payment for tuition feels. Indeed, a couple of schools and teaching institutions in New York City are actively accepting bitcoins in place of tuition fees.
So if your kids are hungry for knowledge and you’ve managed to accrue a balance of Bitcoin, why not utilise the opportunity and pay with Bitcoin?
Major financial firms and accounting institutions traditional associated with dealing in money (such as banks) are also now actively accepting Bitcoin. These are major institutions dealing with cryptocurrency and those who have installed and allowed the use of cryptocurrency in their firms.
An International Standard for Online Payments?
Individuals and businesses alike can now use Bitcoin in both online transactions (on the web), and in person – using a physical payments card or mobile device. This brings to life the idea of Bitcoin for mass consumer use as a means of exchange and acquiring goods.
The fact that Bitcoin can cut across borders gives it the potential to become an international online standard for the exchange of goods, services, and other products.
We look forward to a future where Bitcoin and wider Blockchain technology will be in active use in most institutions and firms all over the world.
With the ever-changing landscape of national economies and market volatility, it makes sense that Bitcoin and cryptocurrencies are gradually gaining popularity and enjoying increased use.
Offline Stores Accepting Bitcoin
You can also check for offline stores near you that accept the use of Bitcoin and check on aggregators such as CoinMap or SpendBitcoins.
Readers should not, however, take these listed examples as the only firms and available options. As always, do your own research and find products and services which work for you. There is a huge range of options out there and these are just examples, not necessarily recommendations.