Bitcoin has had a turbulent year in a half, to say the least. The all-time high of $20,000 sparked hopes for the entire cryptocurrency industry before that hope came crashing down like a 50 story building.
But in that year and half a lot of businesses saw the potential in Bitcoin and other currencies. The result of that came in the form of Bitcoin-accepted payments for their products and services. Numerous merchants already accepted Bitcoin as a payment, and the lightning Network is slowly becoming scalable to function as P2P digital cash.
So without further ado, what are the things that you can buy with Bitcoin?
The travel industry was one of the first to start accepting Bitcoin as payment for hotels, booking flights and more. Some of the pioneers include platforms such as Expedia, ChearAir, and BTCTrip; the last one is specially designed to accept Bitcoin payments.
Gold and Silver
Gold is often a talking point when discussing cryptocurrencies. However, gold and silver are precious metals that can be bought with cryptocurrencies such as Bitcoin and other altcoins. Some of the vendors even give discounts to those who do so.
A lot of online marketplaces offer users the chance to purchase products or services using Bitcoin. It’s safe to say that online retailers and marketplaces are where Bitcoin has had the most success. Ecommerce platforms have even allowed the integration of Bitcoin as a payment method such as WooCommerce, Magneto 2, and Shopify, amongst others. Gift card companies such as eGifter and Gyft have allowed Bitcoin payments for redeeming Amazon, eBay, Wallmart, and other major retailer gift cards.
If you’re looking for an online marketplace where you can use Bitcoin as a payment method, then make sure to check this out.
Real estate has emerged as yet another venue where Bitcoin can be used as a payment method, but none so more than luxury real estate. Customers can browse the wide range of luxurious apartments, villas, houses, etc., and purchase the property using Bitcoin as payment. These websites are all legal and purchasing the property using Bitcoin is well within the lines of legal transactions, so you got nothing to worry about.
The main reason as to why real estate is a popular sector for Bitcoin transactions is because the Lightning Network is much faster than a traditional bank transfer.
A lot of charity organizations allow donors to donate bitcoin, apart from FIAT. This is because the nature of Bitcoin transactions is to be fast, which makes it so desirable with charity organizations. For a comprehensive list of all the charities that accept Bitcoin as a donation method, visit the official Bitcoin Wiki.
WordPress is a mega-popular website building platform that is one of, if not, the most popular website platforms in the world. A huge success for Bitcoin and all cryptocurrencies is the fact that WordPress and Blockonomics have helped facilitate the integration of Bitcoin payments on their popular platforms.
Other popular online services that accept Bitcoin as payment include Express VPN, which is a mega-popular VPN provider and NameCheap, a popular domain register, amongst others. For more about the bitcoin era, you can read at cripto-valuta.net.