The concept of cryptocurrencies has experienced quite an impressive evolution over the last decade. We can see that this journey is a lot of ups and downs over the years. There was a lot of skepticism towards cryptos for obvious reasons.
First, in 2009 this was a completely new concept. Sure, people have heard about the idea of digital money, since it was frequently featured in Hollywood movies. Still, a vast majority of people didn’t believe this is possible. Second, since we are talking about an approach that can provide users with a chance to remain completely anonymous.
Surely, governments had concerns because of this aspect. For that reason, there were a lot of stories about how this channel is a medium for a lot of money laundering. However, the level of skepticism is significantly declined.
Not only that, using these was made much easier. For instance, traders have a chance to use trading robots. If you want to take a look at one of these, you should visit https://trustpedia.io/trading-robots/1k-daily-profit/. Now that all of us know how we can use these easily, we would like to talk about some products you can purchase with Bitcoin. Without further ado, let’s take a look at some of these.
1. Cars
If you have followed the story about the relationship between Elon Musk and Bitcoin, you know that one of the things you can purchase with BTC is cars and other sorts of vehicles. We now know that Tesla has started accepting BTC as a method of payment for their products.
Therefore, one of the most obvious products you can buy with these is cars. There are many good examples of these transactions. But that doesn’t only mean you can purchase new cars with these. In the last couple of years, many sellers have provided a chance to customers to buy used cars also.
If you know how big the automotive industry is, you will not have any doubt regarding the potential behind the combination of this method of payment and this industry. It will only get bigger in the future.
2. Sporting Events
Visiting sporting events is something all of us do from time to time. Those who are regular on these events, and have BTC, will be happy to know that purchasing tickets with it is now an option. Naturally, there is no way this can be done on all the stadiums in the United States. Still, many franchises have adopted this method of payment recently. So far, people have shown a genuine interest in the concept.
There are some great examples of how it will look in the future. For instance, the NBA team, Dallas Mavericks, whose owner also owns several blockchain companies, has adopted this technology completely. But that doesn’t mean that you can purchase only tickets for sporting events. In fact, there are many other examples regarding a wide array of different events like concerts.
3. Airline Tickets
Recently, a lot of airline companies from all over the globe started offering this possibility to their customers. For instance, Norwegian Air, one of the biggest companies of this kind in the world has successfully implemented this approach into their financial plans. We can find similar examples, mainly in Europe, Canada, and the United States.
Conducting online research will show you quite a lot of results. Just think about that, you can purchase these tickets from the comfort of your home. Sure, purchasing them with your credit card is a similar process.
However, the transaction will be much faster. If you know that the transactions made through cryptocurrencies are performed much faster than any other sort, you will understand that making these can help you reserve a seat in a plane much faster.
4. Video Games
Since the video game industry is digital at its core, it’s no wonder you can use digital currencies to purchase the products of the best-known companies with these. It’s no secret that Microsoft has accepted Bitcoin as a method of payment.
That doesn’t mean you can buy only video games with these. Besides them, you can buy apps and pretty much all other sorts of digital content. Many people make the mistake of believing that they can buy these only for their laptops, mobile devices, and PCs, for some reason.
But this is true. It needs to be said that you can purchase these for gaming consoles like PlayStation and Xbox. At the same time, there are many video game realtors where you can spend BTCs. We are talking about GAMIVO, MMOGA, G2A, IndieGala, etc.
5. Food
Last but not least, we would like to talk about the most obvious products you can buy with BTC, food. We all know that story about a guy purchasing a pizza for one BTC back in the early days. Many still don’t know whether this is a myth or a real story.
Nevertheless, we now have a chance to buy food for digital currencies. We can do that in many hypermarkets, restaurants, bars, and hotels. For instance, many chains like KFC and Pizza Hut will offer this possibility. Since this is probably the biggest market out there, it makes perfect sense that this was the first one that implemented it.
It needs to be said that this is also the most widespread out of all of these adoptions. When we say that, we mean that you can find these restaurants all over the world, not just in Europe and the United States.
Summary
Bitcoin is something that will help humanity to enter a new era. Digital currencies will certainly be a major factor in the overall future. Even though this is something that cannot be avoided, many people don’t understand the basic concept.
So, education will become an absolute must regarding digital currencies. One of the elements is knowing what you can use them for. Here, you can take a look at a couple of things you can buy with these. We are sure you will find this information useful.