What can you buy using bitcoins?

in #bitcoin6 years ago

Nowadays people are so caught up with cryptocurrencies as an investment, or as a medium of transaction, trading etc. It is easy, quick. It also charges relatively fewer fees as compared to banks for exchange trading. It is designed to upend the central currency (government currency) and to become one of the most popular and used currency in the world. But today to my surprise, you can use bitcoins for purchasing so many goods and services. More than 13 million people are using this new currency as a medium of exchange and making their lives easy and quick.
So we can say that bitcoin was not only created for investment or to store it as an asset but it can also be used as a purchasing tool.

Pizza

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Everyone loves pizza. Their yummy, cheesy and worth the money. You can order pizzas by using bitcoin as a medium of exchange. The very first Bitcoin transaction was made to buy two pizzas. Pizzaforcoin.com is a great option for buying pizza using bitcoins. There are many stores or bitcoin restaurant that also allow bitcoin for buying food, which can be a good option.

Chicken Bucket

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Speaking about food “The Bitcoin Bucket” was a great success, you get pieces of tender juicy chicken with some fires for worth $20 of BTC. Which I guess was a great deal but unfortunately, it's not in the market anymore because it was a quick sold out. Similarly, the subway also accepts bitcoins.

Various Goods and services

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You can also buy home decors, watch's, clothes and a lot more things by just using bitcoins. Rolex accepts bitcoins, which is amazing.

The bitcoin payment platform recently announced a new feature called Amazon direct, which means you can buy goods from Amazon in exchange for bitcoins. It is the only way you can purchase goods from Amazon.

There are many websites that accept bitcoins or cryptocurrencies. Websites of food, mobiles, games or gaming devices, hotel, traveling, furniture etc accept bitcoins. Many websites no longer accept bitcoins or any cryptocurrencies, because of the last bubble. But as everyone knows, that bitcoin is the future. More and more websites are integrating BTC Transactions into their websites.

Charities

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But there is a good news you can also donate bitcoins to one of the bitcoin-accepting charities. Bitgive and bithope are examples of bitcoin charitable foundations.

Booking

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You can also use bitcoin to pay for your flights, traveling, hotels etc. Expedia, SurfAir, CheapAir are good examples of such websites.

Buying gold

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Many investors predicted that users won't be able to buy gold by using bitcoins(as it is not actual currency and is decentralized), but today it's a reality, you can buy gold by using bitcoin from Bitgild and Sharpspixley. You add your desired item to your cart, use bitcoin as a payment method. The invoice will be encoded in a QR code which needs to be scanned with your bitcoin wallet and then you need to follow a procedure. Within 15 minutes the invoice will be activated. After all of this, it will take 24 hours for the process to be completed, your purchase needs to gain six conformations from the bitcoin network, which will be represented as a new block in the blockchain.

We can conclude that the world is changing and we are able to purchase many things by using bitcoins. It is a good form of investment right now.

So this was my article and thanks for reading it. If you like my work, do show some love by upvoting and commenting. If you want to support me, you can donate Steem or SBD at @rajmehta3007
Stay tuned for more such informative article by following me. Thank you.

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@rajmetha3007
Bro nice 👍 article. I hope in future we do not need to take our wallet.
Pocket picker will be jobless soon...😆

hahah, yeah thats true!

Good i pray for you, to go on great heights you always come with unique informatiin and ideas Friend you wrote a good blog ,,i appreciate nice information ,where you get this different kind of ideas ,i am a big fan of you ,i want to become like you how much time you spent for writing a such good article ,its a really nice ..what i have to done ,to prepare article and photos like your,s ,guide me please you are a nice person with daahing personality
Can you help me ,to become like you please guide me and support me please i am a big fan of you and yours blogs again please guide me and support me. Thanx
https://steemit.com/mgsc/@pawanain/supreme-court-of-india-denies-the-stay-rbi-s-virtual-currencies-circular
Please write me how much time you spend for preparing a blog ,
Its motivate me ,and help me to become like you

Thanks a lot, buddy @pawanain .
It takes around 2-3 hours to research and write a blog. I do it every day. It was difficult for me when I started with this. But now it feels more comfortable and like a hibbit.

Appreciate your hard work for this quality post @rajmehta3007, loved to know those methods, keep sharing more such articles.

Thanks for the support : @swapnitgopal

Except india all other are accept bitcoin as transaction very disappointing

I know, but let's just hope for the best. This might change in the coming months.

I know, but let's just
Hope for the best. This might change
In the coming months.

                 - rajmehta3007


I'm a bot. I detect haiku.

This post received upvote from @tipU :) | Voting service | For investors.

Hey bro thank you for good and informative post. I am follower and a big readers of your post. While I am new in Steemit. Plz help me grow in Steemit by upvoting and commenting on my post. Here is the link of my post- https://steemit.com/mgsc/@ankit14192/competitions-with-redmi-y2-price-of-oppo-realme-1-became-cheap-new-price-just-so#comments

Thanks for the info!!!

Thank you for your good info!!!!

The pleasure was all mine :)

Nice write up

Thanks a lot buddy @baron1998 :)

this is the future , I am opening a bar with payments with crypto ...

Thats cool buddy, all the best :)