Bitcoins – what can you actually buy with them

Bitcoins – what can you actually buy with them

Posted in Internet

 

In the last few years, numerous merchants, some of them even worldly renowned have decided to accept bitcoin as a method of payment for the products and services they provide. Although there are still many people who do not know exactly what bitcoin is and how it can be used, the number of those who decide to resort to this type of virtual currency continues to increase by the day. This is also one of the reasons why platforms where you can buy and sell bitcoins instantly have emerged on the internet. Here is a list of things you can buy using this form of payment.

Use them on e-commerce sites to buy goods

It is worth mentioning that global computing giant Microsoft decided to add bitcoin as a means of payment on numerous online platforms back in 2014, which allowed people to use them in order to purchase content such as games, videos or apps from the giant’s platforms. Ever since, many other important companies have embraced the bitcoin trading method, thus giving people the possibility to pay for the goods they are interested in, using virtual currency.

You can book hotel rooms

Another amazing thing you can do with your bitcoins is to book hotel rooms. Recently, many hotels have announced that they now accept bitcoin transactions for all of their hotel bookings, integrating bitcoin into the list of payment options for their customers, next to Visa and PayPal. As a result, if you plan to travel to another country, you should definitely consider checking whether the hotel where you are going to stay for the period accepts bitcoin as a form of payment or not.

You can pay in restaurants and bars

Many managers of restaurants and bars have understood how important bitcoins have turned out to be and were impressed by people’s rapid increase of interest for this kind of payment, so they saw an opportunity in this and decided to allow their customers to pay for their orders with bitcoins. It is true that for the moment there are not so many restaurants and bars that have allowed this to happen, but experts believe the number will significantly increase in the near future, so keep an eye on your favourite restaurant to see when they will allow bitcoin payments.

You can buy different services

You already know that you can use bitcoins to buy the products and goods you are interested in from your favourite providers, but did you know that you could use this form of currency to buy services as well? A popular direct-broadcast satellite service provider in the US announced it has accepted bitcoin payments, which means that now millions of pay-TV subscribers can opt for spending their bitcoins to pay for this type of services. Big companies from other domains have resorted to similar actions, thus making bitcoins more popular with each day.

Overall, these are only several examples of ways in which you can spend your bitcoins, not to mention that there are many advantages that come with using bitcoins as a means of payment.