Many people regard Bitcoin only as an investment, purchasing the cryptocurrency to try to gain profit from its volatility. But others see it as another way of spending money. The number of businesses and merchants that accept bitcoin as a payment method is growing from day to day. Here are a few of the ever-increasing list of things you can buy with bitcoin:
If you can’t find physical sites that accept bitcoin directly for the items you’re purchasing, the easiest way to put to use your digital currency is to turn in it into a gift card.
Not only can gift cards be used as actual presents, they are a great way to extend your options to where you can spend bitcoin.
Plenty of businesses accept bitcoins and such cards, major retailers such as Walmart, Amazon, Target and Nike. In the US, companies like GiftCardZen, iTRadeBTC, Gyft, and eGifter let you purchase gift cards for all sorts of items.
Everyone knows the story of that guy that bought two pizzas using 10,000 bitcoin. Well, it’s true that you can actually buy pizza though PizzaForCoins, which allows you to order from various pizza chains from their website and pay with bitcoin.
Other places where you can buy food or a drink with bitcoin are: Subway, Pembury Tavern (in London), Old Fitzory (a pub in Sydney), The Pink Cow (a diner in Tokyo), and Burger Bear (a food stall in London).
Honest Brew is an online beer platform that specializes in craft beers.
Computer hardware and software
Microsoft was also one of the major retailers in computing that added bitcoin as a payment option early on in 2014. US –based customers can use bitcoin to purchase digital content such as apps, games and videos from its Windows and Windows Phone platforms.
Use bitcoin to get discounts
There are peer-to peer market places like Purse.io that match people wanting to buy items on Amazon at a discount with others that want to buy bitcoin with credit card or PayPal. The service claims discounts of up to 20% for its shoppers that use bitcoin.
Items from Physical Stores
You can buy jewelry from REEDS Jewelers, a large jewelry chain in the US, by using bitcoin as a payment method. The firm is located in Wilmington, North Carolina, having over 64 retail locations in eastern US.
CeX, a UK –based technology exchange and retailer, has its own store in Glasgow that accepts payments with only bitcoins, as well as Scotland’s first bitcoin ATM.
Other companies such as AirBaltic, Webjet, Bitcoin Travel and Travel for Coins let you book flights, hotels, car rentals and so on by using bitcoin.
You can even go to space with Virgin Galactic, the world’s first commercial space line that accepts Bitcoins.
Considering that most gamers already shop online, it was only natural that game –selling platforms would accept bitcoins at some point.
Steam, Humble Bundle, Big Fish Games, Green Man Gaming, Zynga are gaming platforms or sites that let you purchase games for your desktop or mobile device with BTC.
Xbox and PlayStation not only let you pay for subscriptions with bitcoin.
Bitcoin is now accepted by various companies in different sectors of services, such as:
Dish Network, a US direct broadcast satellite service provider;
ExpressVPN and PureVPN, VPN service providers;
WordPress, online platform that creates blogs and sites;
Reddit, buy premium features for your account;
OKCupid, online date website;
Loomberg, Chicago Sun-Times, let you pay their online subscriptions for their newspapers;
Overstock, a firm that offers everything from furniture to electronics;
Showroomprive.com, retailer that sells clothes, fashion accessories, cosmetics and homeware;
UK’s Theatre tickets Direct, offers ticket bookings to most London shows, theatres and musicals.
There are also websites and underground marketplaces burrowed in the dark web, where Bitcoins are accepted for goods and services, but those things are kind of illegal in most countries. So we suggest you stick to the very extensive and varied list we gave, which offer items and services (which are totally legal) that you can spend your bitcoins on.