Bitcoin is becoming increasingly popular around the world. However, a lot of people still have the question: What can I buy with Bitcoin? Is your cryptocurrency finally in your wallet or are you interested in acquiring some?
Well, it’s only normal to have some questions.
So, What Can I Buy With Bitcoin?
While it isn’t a surprise, most businesses don’t actually accept Bitcoin. This is often due to the regulatory hurdles or the volatility in price. Though, this doesn’t mean that you aren’t able to use Bitcoin as a method of payment at all.
In fact, according to a site known as coinmap.org, a website showing which venues accept Bitcoin, there were over 15,000 of them! This information collected occurred in May of 2019. Therefore, when wondering “What can I buy with Bitcoin”, the answer is “so many things”!
When it comes to what you can buy with Bitcoin, you can begin with food and drinks at restaurants and local bars, hotels, plane tickets, trips to space, or even a car! In fact, several tac authorities already accept Bitcoin!
On top of all of this, Bitcoin is also accepted online and noted as “the native currency of the internet”. Many eCommerce sites, shops, and freelancers accept it. This is likely because it is one of the easiest ways to transfer value over the internet without a headache.
There are even guides out there that feature a comprehensive list of all the retailers and services that accept Bitcoin currently. Better yet, you don’t even always need to find a Bitcoin-friendly merchant in order to spend Bitcoin.
You could choose to make use of a crypto debit card if that sparks your interest.
More About Crypto Debit Card
Want to know more about the crypto debit cards above? Well, spending Bitcoin and other forms of cryptocurrency is now easier than ever before with the use of a cryptocurrency credit/debit card. These cards function as a regular Mastercard, Visa, or Maestro payments card.
All you need to use these cards is to deposit supported cryptocurrencies to your wallet. Then, you simply swipe your card whenever you need to make a purchase. However, it is important to note that these purchases will often come with extra transactions fees.
You can get a suitable card from Uquid, BitPay, Xapo, Spectrocion, Coinbase, and cryptocurrency-powered projects such as Pundi X (NPXS), TenX (PAY), and Crypto.com (MCO).
The Bottom Line
Cryptocurrency adoption is greatly helped when people buy things at services and venues that openly accept Bitcoin as a form of payment. Remember that when you choose to use Bitcoin, you can become part of an important effort to make the world more crypto-friendly!