What can you buy online with bitcoin?
Bitcoin may be most well-known for being a volatile but profitable investment. However, Satoshi Nakamoto first and foremost created the currency as a payment system to be used in place of cash. In alignment with this mission, a wide range of online merchants have since begun to accept bitcoin as a payment method.
Users can now buy watches with Bitcoin. It’s time to throw out your old Timex. Cryptoexchange marketplaces like CryptoExchange are now accepting bitcoin in exchange for their luxury timepieces. Currently listed are the Astronomia Art Dragon Baguette Meteorite and the Astronomia Art Moscow White Gold. The site also welcomes other luxury watch brands such as Rolex and Patek Phillipe in exchange for the digital currency.
Seasons tickets for the Golden State Warriors
The Golden State Warriors is one of the most well-known basketball teams in the United States. The team owner has recently announced that visitors can use bitcoin as payment at all home games in the near future.
The world knows Elon Musk as an avid bitcoin supporter for quite some time now, as evidence by his 1.5 billion dollar investment into the cryptocurrency. Around the same time, Tesla also announced the acceptance of bitcoin for its products and services. The company made this announcement on Twitter in March 2021. Currently, paying in bitcoin is only available to US customers, although the option has faced talk of expansion later in 2021. Current Tesla owners can also upgrade their wheels for a full set of Turbines and Pirelli Scorpion Tires with their bitcoin holdings.
Unlike other companies that convert their holdings back into fiat currencies, Tesla plans to add bitcoin to their existing holdings.
A company known as 3Dvarious has become one of the first of a new generation of electric violin shops. In exchange for bitcoin, 3Dvarious will custom print and engrave a violin that looks like it came from the future. Purchasers also have the option to buy one with 4 or 5 strings.
An expresso in Prague and other snacks
Many are familiar with the first-ever purchase with bitcoin of a pizza. However, the concept of using bitcoin to pay for your next meal continues today. Some countries like the Czech Republic have recently introduced cafes that accept bitcoin. Parallel world in Prague allows visitors to buy an espresso with cryptocurrency.
Another application called Spedn has also made spending crypto at physical locations a lot simpler. On this app, users can use bitcoin to purchase ice cream from Baskin Robbins, coffee from Caribou Coffee or groceries from WholeFoods. The application works by generating a QR code that employees can scan at the point of sale. The merchant then receives payment immediately in local currency. The platform will remove the equivalent amount in bitcoin from your digital wallet.
Anything in San Francisco
San Francisco is known as one of the most crypto-friendly cities. After becoming home to over 60 bitcoin ATMs around the city and over 100 businesses, the city earned this title. The next time you’re in town, grab some Indian street food from Curry Up Now or ramen from Underground Ramen and pay with bitcoin. Other notable businesses that will accept digital currencies are Isotope Comics, Rossi & Rovetti Flower Delivery, Serendipia Nest (a social club and hostel) and Silver Sprocket.
The River Super Ego 68’ 2012 is known as a super-exclusive speed yacht from Italy. This model is worth nearly 2 million dollars due to its Raymarine autopilot, satellite decoder, base sound system and its own grille. Bitcoin enthusiasts can now purchase this yacht and others from Denison Yacht, which folds funds in an escrow account as you go through the purchasing process.
At a slightly more affordable price, bitcoin enthusiasts can also purchase from Yachty Base. This company allows for a one-way or round trip charter to countries like Croatia, Greece or Italy.
Portable fire pits
On Overstock.com, users can browse through a variety of outdoor firepits. Users can add the item to their virtual shopping cart and proceed to the checkout. The platform will prompt buyers to provide their cryptocurrency address to complete the payment at the time of payment.
A final consideration
Many viewed Bitcoin as the currency of the future since it allows people to purchase products and services without a central authority. As the currency gains in popularity, so do the businesses that accept bitcoin. Users may use the Coinmap website to locate other businesses in their local area that accept bitcoin.