No cash? Well if you have some Bitcoins available, we know a few places you could spend it
Bitcoin was originally created as a safe, fast and anonymous online currency. However, it has evolved into a multimillion-dollar investment that everyone is looking to get in on. Thousands of companies worldwide have embraced the future and now allow Bitcoin payments for their products and services.
Can I really use Bitcoin in the real world?
First off, how do you pay with Bitcoin in a real-world environment? It’s far easier than you might imagine. For example, if you want to use Bitcoin to pay for say, an ice cream at an ice cream parlour that accepts cryptocurrencies, you would simply need to open your crypto wallet and scan the QR code on display at the store. This will give your wallet all the info it needs to send them your Bitcoin. If you are doing an online transaction, all you need is the public key of the recipient and you’re good to go. Now that you know how to buy, it’s time to look at what you can buy.
Places you can invest your Bitcoin
If you’ve invested in Bitcoin, how do you spend it? How about a brand new car? A brand new Lamborghini to be exact? The Italian sports car retailer became one of the first large, luxury brands to accept Bitcoin payments way back in 2013. Back then, an entry-level car was worth around 81 BTC, but with how Bitcoin values have skyrocketed, it’s hard to say exactly what it would be worth now.
Let’s have a meal. It’s on Bitcoin
Now that you have treated yourself to your dream car it’s time to get something to eat. You decide to reward yourself with a cheat day and head to McDonald’s for a McFlurry. Can you pay for that in Bitcoin? Well not yet, but the fast-food chain has hinted, and people have speculated that you will be able to get your BigMac meal with Bitcoin before the end of 2018.
Find love with Bitcoin
What’s the point of eating ice cream in a fancy sports car if you’re doing it alone? You can now turn Bitcoins into romance with the popular dating site, OkCupid. They now accept Bitcoin as payment for their additional paid services like private messaging someone with a priority communication.
To infinity, and beyond!
Your date went well but you’ve both decided that the Lamborghini is just a little too terrestrial. Well never fear, for just around 90BTC you can book a ticket to space with Virgin Galactic. Richard Branson has confirmed that as a show of his faith in Bitcoin, which he himself has invested in, Virgin will be accepting Bitcoin as payment for their upcoming commercial space flights.
This is just a small sample of the many companies big and small that are embracing Bitcoin and other cryptocurrencies. Others include Microsoft, Steam, Tesla, Lionsgate Films and who knows, one day even your local grocery store.