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