Amid the controversy over its feasibility as a currency … How can Bitcoin be spent?

As more and more people get involved and invest in cryptocurrency, an important question frequently arises, how can the collected cryptocurrency be spent?

This has made many people skeptical, against the backdrop of the popular belief that cryptocurrencies are speculative assets and are not yet ready to be used for day-to-day spending.

Being the topic of conversation of the day at the moment, it can be said that some companies have started to accept cryptocurrencies as a means of payment for their services, as it can also be a profitable investment for them.

Here are some of the ways cryptocurrencies can be spent, especially Bitcoin:

video games

If you are a cryptocurrency gamer or enthusiast, gambling is one way to spend it.

Brands like Microsoft have started offering video games that accept bitcoin as a form of payment, and some gaming apps are also paid for with bitcoin.

order food

There are restaurants and cafes that accept bitcoin as a form of payment for food and drink. All you need to do is have a digital wallet and be ready to transfer the money for the meal, there is even a cafe in Prague that only accepts Bitcoin.

Travel

With travel agencies like Expedia and CheapAir, you can quickly pay for hotel or plane tickets with Bitcoin. Some car dealerships also accept cryptocurrency as a form of payment.

An easy way to donate

One of the easiest ways to donate is Bitcoin, as its value can increase over time and it also allows the anonymity of the donor.

And if a person owns a charity or runs a non-profit organization, they can open a wallet to receive cryptocurrency as one of the accepted donation methods.

On the other hand, there are platforms that allow you to spend Bitcoin directly. Especially :

Overstock

This online store allows you to use Bitcoin to purchase products and household items. It uses the Coinbase platform to process payments.

New egg

If you are interested in the technology and its tools, you can pay for all your gadget needs with Bitcoin on the platform.

New egg.

Virgin atlantic

Virgin Atlantic wants to make space tourism a reality and has authorized payment for its space flights using Bitcoin.

Wikipedia

Wikipedia is a non-profit organization that operates on the basis of donations it receives, which can be donated with Bitcoin.

Cheap name

Domain names are essential to getting a new website, and they can get very expensive.

Name cheap accepts bitcoin as a payment method for a new website or domain name.

PizzaforCoins

Food is essential to everyday life, therefore Bitcoins can be converted into hot pizzas from PizzaforCoins.

More companies are moving towards accepting bitcoin as a payment, as payment processing platforms start to embrace the similarities of Shopify, square, and stripe, allowing people to embed a pattern. bitcoin payment in their business or website.

Electric car company Tesla was among the first major companies to announce that it would accept Bitcoin in exchange for its cars, but CEO Elon Musk quickly announced the suspension of payments using cryptocurrency, tying its resumption to the resolution. of the dilemma of the high energy consumption of Bitcoin mining. .