Warning: The cryptographic sphere is intrinsically volatile, which makes most high -risk assets. Never engage in the funds that you cannot afford to lose, because your financial security and your general well-being should always pass first. The actual article is purely educational and does not constitute advice in any form – always carry out your research before making decisions.
Once upon a time, it all started with the pizza. Do you remember 2010? This is the year when a certain programmer Laszlo Hanyecz made history by spending 10,000 bitcoin on only two pizzas.
At the time, it amounted to about $ 40. And do you know what’s most? The pizzeria did not even directly accept its bitcoin, then Hanyecz sent the parts to another man, who paid the order in cash.
Quick advance until today, and the BTC exchange rate has soamed thousands of times. This same pizza order would cost now … Well, let’s just say that it would be scandalously expensive.
The very first cryptocurrency went a long way these days. Now you can use it to buy all kinds of goods and services, both online and in brick and mortar stores.
Already paid in the way? Not a new one either? Then we would be delighted to recommend an excellent exchange – xgram.io. There, you can buy bitcoin for everyday purchases or simply exchange it for other popular currencies. For example, you can exchange BTC to Usdt TRC20 here.
Where can I spend Bitcoin?
Practically anywhere. Well, at least just in many places. Here are some examples.
Spend bitcoin in everyday goods and services
When you think of what can do with Bitcoin, the first thing that comes to mind is to use it for these small daily purchases that make life a little more pleasant – whether it is to take a quick bite to eat, pick up new clothes or hang practical electronics.
Grocery and fast food
Buying everyday grocery stores, picking up this same pizza, having coffee, buying sushi – Bitcoin is now as easy to use as the ordinary debit card. For example, it is not necessary to look far for real examples:
Take Venezuela, where cryptos have already exceeded the national Bolivar in popularity. In 2019, Burger King even launched an experience there, accepting the BTC as payment for meals. And it’s not just Burger King – Pizza Hut also frequently takes Bitcoin.
Clothes and accessories
The main fashion houses have long implemented cryptographic payments. Gucci, for example: at the end of May 2022, he began to accept payments not only in bitcoins, but also in other cryptocurrencies-in some of his stores located in the United States.
In the same spring of the same 2022 Balenciaga also announced its intention to innovate and use BTC as a payment instrument. Of course, Bitcoin is not only accepted by high-level brands: there are also slightly more earth-to-earth variations.
Electronics and gadgets
One of the Xiaomi stores in Portugal has made history as the first detail to accept crypto as payment of electronics. However, Xiaomi said that this decision is only the store initiative and does not reflect the official company’s policy. Well, even so, it’s an important step.
And this is only one of the many similar developments worldwide.
Digital products
You can use Bitcoin not only on everyday products, but also various digital articles: subscriptions, gift cards and much more. Let’s go to the bottom of it.
Gift cards, software and subscriptions
Bitcoin can be used to buy gift cards for popular retailers: as for Amazon, Starbucks, Netflix and others. Of course, a variety of subscriptions also goes there – they are also accessible by paying with this asset.
Online tools and digital services
Web accommodation, cloud stocks – and digital services were among the first to jump on all this train. A good number of suppliers offer the possibility of buying a BTC subscription. As for specific names, companies such as Namecheap do. You can also use Bitcoin to buy domain names from services like Godaddy.
Services using cryptographic payment bridges
Bitpay is a good example of a payment gateway, because it allows stores to accept payments in various cryptocurrencies, including BTC of course. When a customer chooses to pay with him, the system generates an invoice as an QR code, which makes the process fast and easy. In addition, the exchange rate is locked when you pay, so no one is affected by spectacular price swings.
Use of bitcoin to make luxury and high -end purchases
Now let’s talk about something exciting: luxury products such as high -end jewelry, cars and real estate. Believe it or not, you can get it all with Bitcoin. Only days of purchase of pizza and pizza have long disappeared.
Jewelry and watches
You can buy high level jewelry and watches using Bitcoin. Many retailers accept crypto as payment, whether you buy online or in person. Someone does it directly and someone via intermediate services – the same above -mentioned Bitpay, for example.
Real estate
An exceptional example is the auction of luxury houses in Australia in March 2019, where the offers were accepted in BTC and BNB. But Crypto real estate transactions go even further: in 2014, a house near Tahoe Lake was sold for 2,739 BTC (around 1.6 million dollars at the time) via Bitpay. Yes. Again.
Cars and planes
You can also buy cars with Bitcoin. Since 2013, the Lamborghini dealer in Newport Beach, California has accepted BTC – thanks to a partnership with (Guess who) Bitpay – for secure and easy transactions.
Tesla has also joined dance, allowing customers to buy vehicles with a cryptocurrency. However, in May 2021, he temporarily interrupted sales due to environmental concerns concerning mining. A little disappointing, but the problem was not really with Bitcoin himself.
Do you feel fanciful? Then you can opt for a private jet: in 2020, Aviarade made it possible to buy their jets with virtual parts.
Advantages to use Bitcoin to buy things online
We talked about what you can buy with Bitcoin. But why use it? Like, first? Wouldn’t it be easier to stick to the usual payment methods? Well, there are very good reasons to spend BTC:
- First of all, there is no third -party control. Cryptocurrency is only there because the developers believe in it and devote themselves to making it work. Without idea, it would have been dead for a long time.
- Second, it’s super practical. The transfers are fast and the costs are low (yes, with certain shopping in stores, they can always be billed by the supplier – this occurs with fiduciary money), and you can send Bitcoin to anyone, anywhere in the world, without hassle. If you want to exchange bitcoin for another cryptocurrency, it is a breeze with a solid exchange like Xgram: they offer secure exchanges in a few minutes, with more than 20 trading pairs, you will always find the right one for yourself.
- Third, Bitcoin is not subject to conventional inflation. Although it can be influenced by political and social factors (which are sometimes even a little easier to predict), its value is not linked to the ups and downs of the traditional economy.
In short, Bitcoin is slowly part of the daily transactions. Its use increases because more people are aware of it and the whole infrastructure improves. Even now you can use it to buy just about anything – to this extent or to a certain extent. Like, everyday essential elements with luxury pieces.
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