What Can You Buy with Bitcoin and Other Cryptocurrencies?

After an initial flurry of interest among merchants in accepting bitcoin in their retail or online stores, interest has largely died down as increasing bitcoin transaction fees and volatile price movements made it less attractive as a means of exchange

That doesn’t mean that there are no outlets to spend your bitcoin, however, far from it. It’s just that bitcoin volumes at these outlets has generally not met expectations, and by the time you read this, some may have discontinued that option.

Here is a list of entities that accept Bitcoin and other cryptocurrencies (and thus a list of what you can buy with Bitcoin and other cryptos):

•Online Travel Sites. Expedia and CheapAir.com both accept bitcoins.

•Small businesses and internet-based business across the world. For a while it was common to accept Bitcoin in small businesses, for example in coffee shops. Today Bitcoin fees can be high and it often doesn’t make sense to accept Bitcoin. Still, some independently run small business whose owners use Bitcoin are likely to accept it as payment. Likewise, it is somewhat common for internet-based services, like premium online groups, to accept Bitcoin.

•Shopify and Square. These platforms let small business accept crypto.

•Many websites including WordPress.com, Newegg.com, Etsy.com, and Overstock.com. The founder of overstock.com is a big player in the crypto space. He wisely realized its potential early and overstock.com has been accepting for a while. Other sites like this are also notable.

•Virgin Galactic. Richard Branson let’s you use Bitcoins to buy your way into space.

•Steam (the PC gaming service). Steam was accepting Bitcoin… but Bitcoin’s rapid rise in value caused them to pull out of that deal. It is likely they will accept another cryptocurrency moving forward.

•Gambling sites, the New York State lotto, and some Casinos (like the D). If your country/state allows gambling, then there is a good chance you can find a gambling site that lets you gamble with crypto. I don’t advise it, but it is a thing. The D in Vegas also started accepting Bitcoin in 2014. Meanwhile the Jackpocket app lets you use Bitcoin. If you are “bold” enough to gamble online… make sure to read the fine print. Sometimes the deals they offer really aren’t deals at all.

•Guns at Central Texas Gun Works. You can buy guns with Bitcoin, straight from the heart of Texas.

•Coffins at Crescent Tide Funeral & Cremation. After you are done with the guns and gambling, you might want to look into crescent Tide funereal services. They take Bitcoin too.

•Gift Cards. eGifter lets you use Bitcoin.

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