G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
2019-07-07 11:43:26

What can you buy using Bitcoin and Digital currencies?

Bitcoin and and other crypto currencies have seen an explosion in terms of the number of merchants that accept them.

You can almost buy anything you want now with Bitcoin.

One useful location is Bitscan and another is the openstreetmap databasewhere Companies can tag their locations and which crypto currencies they accept, whether it’s Bitcoin, DogecoinLitecoinVericoin or even Darkcoin – which you can see on Cryptocompare.com!

Lots of Companies have capitalised on the free marketing that comes with saying “we accept Bitcoin” and in fact the amount of business that some companies have received from accepting Bitcoin has well and truly exceeded expectations.

Overstock was one of the first major retailers to open its payment system to Bitcoin at the start of 2014. Dell has also stepped into the game by announcing that it would offer 10% discounts to anyone paying in Bitcoin.

Otherwise there are specific Bitcoin and Crypto currency shopping sites in the same vein as amazon who are trying to encourage retailers to sell their goods via their platform for Bitcoin. 
Interesting Companies are gift cards providers like Pockio which allow you to buy from whole host of retailers via 15 different crypto currencies.

If you are looking for something high end then perhaps the best website is Bitpremier.com which allows you to buy high end aircraft, yachts – anything and everything for a super rich audience or a Bitcoin Billionaire.

Travel websites are also opening up through testing the response and viability of Bitcoin payments. Expedia, Holiday inn are just some of the travel companies offering Bitcoin payment options. AirBB are also showing apartments that allow for Bitccoin payments for stays there are three in Venice if you fancy a trip down the Doge’s Grand Canal!

Otherwise web based ecommerce platforms are also using Coinbase’s or BitPay’s integrated software. Shopify and Digital River are two of these.

One of the most important and most controversial sites to accept Bitcoins has been the silk road. This has been the bane of Bitcoin from a regulators point of view as it highlighted Bitcoin’s ease of use in illicit and illegal activities such as the buying of drugs and other criminal activities - although it did go some way to highlight Bitcoins use as a payment mechanism.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer