As a cryptocurrency, Bitcoin has a reputation for being a conduit for shady dealings and off-the-record sales. However, the list of goods and services that you can buy with bitcoin is growing by the day.
For example, high-end fashion brands such as Gucci have begun accepting crypto payments. Additionally, some luxury retailers such as Bybit https://www.bybit.com/en-US/ offer Rolex and other luxury watches to buy with cryptocurrencies.
Home Depot is among the world’s largest home improvement retailers and offers everything you need to build, furnish, and finish a home. It has over 2,200 stores across the United States and Canada.
Home Depot accepts bitcoin payments via a range of coins via Flexa’s checkout systems installed in their DIY stores. This is a pretty big deal because it means that you can essentially build your house using bitcoin!
Other notable companies accepting cryptocurrencies include Starbucks and Newegg. The latter is a well-known company in the cryptocurrency community that has embraced bitcoin for hardware purchases, albeit not without a little controversy.
Gift cards are a great way to give cash to people without having to use their own money. Many retailers offer gift cards that can be redeemed online or in store for goods and services.
Some of these gifts are more practical than others, and you should consider the recipient’s preferences before buying. If the recipient is a crypto investor, you can also give them a bitcoin gift card to get them started with these digital currencies.
However, beware of scams: there are tens of thousands of gift card scams every year. These frauds typically involve sending a gift card to someone with instructions on how to redeem it.
If you want to buy a crypto gift card for yourself, there are plenty of sites out there that allow you to purchase one using cryptocurrencies. Some of the best options include CoinGate, Bitrefill, and eGifter.
Drinks & Beverages
Whether you’re in the mood for a beer, wine, cup of coffee or even a nice glass of alkaline water, there are plenty of places you can find what you need and pay for it using bitcoin. You can even get a gift card for your favourite bar, cafe or shop to let you spend your coins on something a little more special.
Long Island Iced Tea Corporation is the latest soft drinks company to make a bitcoin splash. The company recently rebranded itself as the Long Blockchain Corporation and has now shifted its focus on so-called “distributed ledger technology” (DLT).
The company is also experimenting with nonfungible tokens – or NFTs, a crypto innovation that could have major implications for the bar industry as a whole. Among other things, it’s using NFTs to create an interactive online cocktail guide that will be able to unlock unique cocktails, as well as the drink’s origins. The company’s main business is providing a range of services and solutions that will help beverage companies and brands build their digital presence, improve customer engagement and boost loyalty programs.
With the growing number of businesses accepting bitcoins as a payment method, it’s now possible to purchase many different things with your crypto. From video games to food and drink, it’s now a lot easier to spend your coins without having to worry about the volatility of fiat currencies.
Game consoles, laptops, PC hardware, video game accessories and more are all available for purchase with bitcoin. These items are often cheaper than what you would find at a physical store.
You can also buy home improvement supplies, furniture and decor with your cryptocurrency. Check out stores like Home Depot, Newegg and more that accept cryptocurrencies as payments.
Aside from food and drinks, clothes are another item that can be purchased with your bitcoins. Boutiques like Beloved and Joli Originals now accept bitcoin as a mode of payment.