It can only be a Digital currency for peer-to-peer transactions if it can be spent on daily basis to aquire services, buy goods, and even, send money to friends and family members.
According to the Satoshi Nakamoto, a pure digital currency should be a peer-to-peer electronic cash that would allow payments to be sent online directly from one party to the other without a third party (financial institution) and this can also be attributed to buying of goods and services.
Despite the volatile nature of crytocurrencies (Bitcoin Cash), it doesn't affect it's nature of being peer-to-peer which means you can still spend them as you will.
The Bitcoin Cash community has placed merchant adoption as a vital aim in their agenda, taking advantage of the nature of its Blockchain which allows faster transaction with lower fees. This aim has seen the far spread of Bitcoin Cash merchants across the globe, both online and offline making it easier for their users to spend on shops.
Here in this article, I'll be taking a quick dive into ways in which you can spend your Bitcoin Cash perhaps to purchase goods and services both online and offline.
Spend On Amazon Using Purse.io
Did you know that you can spend your Bitcoin cash on Amazon? Bitcoin Cash is a digital currency and can be spent on shops like amazon to purchase goods. Users can now spend bitcoin cash on Amazon through a secured platform called purse.io.
To shop on Amazon, simply create an account with purse.io, search for an item using the search area or simply import your amazon wish list to your purse.io account and make payment using your Bitcoin Cash. Interestingly, you get discounted for each goods purchased from Amazon with Bitcoin cash.
Buy Gift Cards
You can also spend Bitcoin Cash in purchasing giftcards such as apple cards, amazon cards, airbnb, american eagle etcetera. Gift cards are prepaid value stored cards which can be redeemed as cash.
To spend your Bitcoin Cash on gift cards, you can visit eGifter and navigate to the buy with Bitcoin cash link, choose your preferred gift card and click on pay with bitcoin cash.
Book Flights
There are diverse platforms today which allows users to book flights with major crypto currencies like Bitcoin Cash, som of those platforms are; Travala, Bitcoin Travel, Cheapair, to mention but a few. These platforms allows the option of paying for flights, booking hotel rooms with Bitcoin Cash. So if you are looking towards booking a flight with your Bitcoin Cash, then you can try one of those.
Locate Bitcoin Cash Offline Merchants Around You
Maybe you just want to visit a restaurant, barber shop, Hair saloon or a boutique to spend your Bitcoin Cash but you don't just know where to go, this might help. Simply get connected to the internet, then type and search, map.bitcoin.com on your browser. The map automatically dictates and direct you to a nearby Bitcoin cash merchant if available.
Spend On Games
Perhaps, you are just a game freak who wants to play a game and pay with Bitcoin cash, well there are diverse gaming platforms on the internet with Bitcoin Cash included as a payment option.
One of such popular gaming platform is games.bitcoin.com. Maybe a description of it would not be as cool as you diving in to see it all for yourself. There are lots of other platforms in which you can spend on games asides from the one mentioned above.
Make Donations
Are you a philanthropist looking for ways to support others and you just have Bitcoin Cash to spend? Then with a platform like Flipstarter, you can make donations with Bitcoin Cash and also source for donations.
Disclaimer
Please ensure that before spending on any of the listed platforms in this article, you are satisfied with their terms of services as spending on then is solely your responsibility and I will not be held liable.
Kindly Subscribe and Tip for more Educative articles of this kind
It seems the last arguments against crpyto is that 'it is too volatile'. It is agreed that has better properties than all other currencies in terms of scarcity, security, trust, divisibility, fungibility, exchangable, along with so many more that other currencies will never even have, like scripted contracts, ease of use, etc.
but i have never considered 'volatility' any impediment, actually i ignore the price against USD, and still use it without worry. gold had volatility and was the best currency for thousands of years up to 1971. maybe 'volatility' is just a last remaining argument for the detractors.
i don't even understand why people are 'against' cryptocurrencies...just don't use them if you don't like them?!