Have you heard the myth that "You can't buy anything with Bitcoin"? I've heard much more ridiculous sentences than that. For example, "this whole bitcoin thing is a scam. Don't believe it." This is the typical case of someone judging without knowledge. But let's stick to the original topic.
Today, we have plenty of opportunities to spend our Bitcoin. The easiest way to do this is to order a crypto debit card from Binance or crypto.com, for example. These Visa cards are accepted almost anywhere in the world, in any store. But if we want to be really loyal to paying with Bitcoin then this is not the best example, because in this case, the business where we buy does not accept bitcoin from us, but Visa accepts it from us. Consider Visa as a bridge between the customer and the business.
The first time
The very first purchase what paid for with Bitcoin was in May 2010. László Hranyecz, a Hungarian-born programmer from Florida, made an offer for 2 large pizzas on a bitcoin forum. The man paid 10,000 bitcoins for the pizza. He exchanged 10,000 BTC to 41$, because 41 $ was the price of the food. And the pizza seller Jeremy Sturdivant sold the bitcoins he received for $ 400.
This story is over 10 years old and shows that it was already possible to find a way to spend bitcoin.
The most popular companies accepting Bitcoin payments :
Wikipedia: Wikipedia accepts donations in BTC via BitPay (at first via Coinbase) since 2014. They accepts BCH too anyway.
Microsoft : they accepts BTC to top up your account. Bitcoin can be used to pay for an array of services, including Xbox Live and Skype.
AT&T : it is the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers.
Pavilon Hotels & Results: The company has properties in Amsterdam, Madrid, Rome, Lisbon, Bali and Phuket. They accepts several tokens including Bitcoin for bookings through Coindirect.
Coca Cola : Amatil has enabled cryptocurrency as a method of payment through its partnership with the Centrapay platform. As of 2020, there are now over 2,000 vending machines in Australia and New Zealand which are geared to accept cryptos to pay for drinks.
LOT Polish Airlines: The airline has been accepting bitcoin since 2015 and has been the only airline accepting bitcoin in Europe ever since.
Bitrefill : We must not forget the loopholes either. Many would like to be able to pay at popular companies with bitcoin where this is not yet possible. For example, on Amazon. You can actually pay with bitcoin on Amazon too, all you need is a "bridge". Bitrefill offers many types of gift cards that you can pay with bitcoin (and ETH). For example Amazon, ebay, Uber, Google Play, Appstore, Ikea and many more.
KFC
Burger King
Subway
In the case of franchise stores, the owner of the business, not the management of the company, decides on the means of payment accepted. So it is possible that a KFC / Burger King / Subway will accept bitcoin but the other will not.
Of course, there are also a lot of less famous or smaller companies that accept bitcoin. We can definitely book accommodation, travel, eat, buy electronics, buy jewelry, or whatever. Are you interested in where you can pay with bitcoin in your area? Just look at the options on https://map.bitcoin.com/
If you click on the 3 lines in the search engine you can select the cryptocurrency and scroll down you can choose from many categories : Shopping, Restaurants, Professional Services, Electronics, Grocery & Farmers Market, Bar, Automotive Shops & Services, Cafe, Sports & Outdoor, Beauty, Barber & Spas, ATM & Vending Machine, Health & Medical, Flower and Gifts, Hotels & Hostels, Home Services, Fast Food, Entertainment & Media, Travel & Agency, Desserts and Bakery, Arts, Public Services, Financial Services, Adult Entertainment, Education, Real estate, Transportation, Rental Services, Souvenir Store, Food Truck and Stands, Toys and Hobbies, Bike-Scooter and Motorcycle Shop, Pets & Services, Pizza and Sandwiches, Liquor Store, Books and Magazines, Catering Services, Cannabis Dispensaries, Brewery, Ice Cream & Frozen Yogurt, Music and Video, Religion and Spiritual, Events Planning, Event Venue, Kids.
These will make your search much easier and you will surely find the company you are looking for.
The fact that "you CAN buy anything with bitcon" can also be confirmed by Felix Weis, who traveled the world in 18 months a few years ago, visited 50 cities in 27 countries and paid for everything with bitcoin.
His rules were not to go to the bank, not to change money, and to pay with bitcoin wherever possible. If he did not have the opportunity to pay with bitcoin, he had to look for someone to buy bitcoin from him for local currency. Not a bank, but a person.Does all this seem possible? It is Possible!
Lead image source : Pixabay
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SLP: simpleledger:qp6xe6wr55ftxjdlfm0qy0pmvs2jtuf0kyfz7wrnzv
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From the day i started exposing myself from btc. I find it so beneficial especially in financial matters. And i got addicted to it. Thank you for sharing this article