In this new era of the economic world, cryptocurrency has emerged as a new digital technology powered by the global popularity of Bitcoin, the first digital currency. This cryptocurrency has gained much special place in the choice of a million people around the world. Thanks to its mysterious founder Satoshi Nakamoto for spawning the idea in introducing a unique form of currency. Even though there are doubts over the real founder, but it does not have any impact on Bitcoin. It always remains a top choice for investors and traders. This proves its worthiness in becoming a preferred digital asset. Most of the people are keen on investing in Bitcoin by acknowledging its importance. Observing such likeliness among masses, today we will let you know about what you can buy with Bitcoin.
Now it is obvious that whenever a technology seems to gain a lot much appreciation, it certainly becomes the centre of attention among the other sectors. The same can be observed in the context of Bitcoin, which has gained much attention among several sectors and igniting more and more interest in cryptocurrency. Dating back to the year 2018, a pizza has estimated worth of $30 with 10k BTC was purchased by a programmer. It was the first eatery item that showed Bitcoin as a digital purchasing asset. With this purchase, it displayed the worth of cryptocurrency as a mode of payment.
What To Buy With Bitcoin
The growing popularity of cryptocurrency has very much dragged the attention of several shopping stores. Such is the impact that they have made cryptocurrency, especially, the Bitcoin a special option to their website. Bitcoin has even become a preferred option for a mode of receiving payments in a very popular and worldwide E-commerce platform, Etsy. You can even choose to buy with Bitcoin, vouchers from popular food companies in the US including Dunkin Donuts, Burger King, Cheesecake Factory, Chipotle, and various others. A platform, called Bitrefill, will help you fulfil this purpose.
A major jeweller company in America, called Reed Jewelers, has its online reach to 13 states. Bitcoin here is very much accepted as a mode of payment. The items which you can buy with Bitcoin are diamonds, watches, jewellery, and lots more. Overstock is another example in the shopping industry that accepts Bitcoin as a form of payment. In 2018, this company has carried out an initial coin offering to redevelop its business. It successfully reached the target of 250 million dollars, known to be a milestone as the biggest funding through ICO.
Use Of Bitcoin In Travel Bookings
The reach of Bitcoin as payment can be observed in the tourism industry. Travelling is a day to day activity for many people. Here also, Bitcoin has successfully placed itself for the use of travel bookings by transacting and payment done by users. A very well-known travel booking agency, Expedia, is the best example to be mentioned for accepting Bitcoin as a mode of payment for booking a hotel online. Besides this, Bitcoin is also used for accepting airline booking by the aviation company, CheapAir. So now you can buy with Bitcoin and enjoy your travel journey.
Buy Games And Movies With Bitcoin
We all are fond of games and movies and loves to keep track of any latest updates or new technology or a movie that has just arrived. Now, there is good news for all those crypto lovers out there. Some of the industry’s big players, Windows Store and Microsoft’s Xbox are accepting bitcoin as a mode of payment to buy movies and games. All you have to do is to have a Microsoft account and install Bitcoin into it and then proceed for the method of payment. But let us also inform you about the caution you have to take. There is no provision of refunding of bitcoin, once you deposit. So be careful while loading a certain amount in your Microsoft account. If you are looking for any new gaming and entertainment (movies) then buy with Bitcoin and enjoy your weekend with your loved ones.
Japan, popularly known as the land of the rising sun has welcomed Bitcoin to be a popular mode of payment for electronic retail business. Bitcoin became much popular in the name of a friendly bar, Old Fitzroy, in Australia, since 2013. All Australians gave big thumbs up in support of this currency. In countries like Hungary and Argentina, booking a cab is possible if you buy with Bitcoin.
So now you can see how any commodity is possible if you buy with Bitcoin. The wrong notion which has been prevailing since a long time back is now replaced with a new positive approach towards cryptocurrencies. No, one has ever expected that there will be any digital technology that would ease the tension of users in buying any commodity or booking a hotel online or aviation ticket. We all have been familiar with the use of fiat currencies, but now digital currencies like Bitcoin have proven their potential as the best alternative to the former. Now you can buy with crypto coin any item be it jewellery, groceries, food, watches, diamond, and others.