What can I buy with Bitcoin? 🤔
Bitcoiners,
Here are a few easy ways to spend bitcoin in order to buy items most people use in their day to day life such as coffee ☕️.
In order to buy goods and products with bitcoin, you're going to need a handful of things.
I have been transacting with bitcoin for the past 5 years and recently have been educating others on the benefits of bitcoin. I often get told "Bitcoin has no value", so I felt inspired to prove bitcoin has value and can buy virtually anything including coffee!
After reading this, you should know various ways to purchase anything you want with bitcoin.
Method #1: Buy Directly From a Merchant
There are many merchants both in person and online that accept bitcoin as payment.
In order to spend bitcoin, the very first step is understanding how to send or receive bitcoin to or from a bitcoin address. After that, you can visit a website such as BitcoinWide.com which is a search engine for finding any business that accepts bitcoin as payment. I searched "coffee" and found this coffee company that accepts bitcoin directly both online and in person!
Method #2: Buy Visa Debit Cards With Bitcoin
You can also purchase pre-paid Visa debit cards with Bitcoin and use them anywhere that accepts credit or debit as payment.
Buying products or services with bitcoin directly is still limited. It may be easier to load up a Visa debit card with your bitcoin funds which is nearly accepted anywhere nowadays. One of my favorite websites for this is Pay with Moon, especially since they do not require you to input personal information to buy their virtual debit cards. Try loading up a debit card and buy some coffee with it tomorrow morning!
Method #3: Buy Gift Cards With Bitcoin
Nowadays most major retailers offer gift cards that can be bought with bitcoin.
Buying gift cards with bitcoin may be a great option because websites such as Bitrefill offer promotions where you can get a $50 Starbucks gift card for less than $50 worth of bitcoin. Gift cards also make great gifts for loved ones!
As the bitcoin network grows, it is becoming increasingly easier to spend your bitcoin for desired goods and services. I would be shocked if 99% of merchants do not accept bitcoin directly over the next decade.
Happy Monday,
-Pod
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Eric Podwojski
Founder, Bitcoin EDU
Twitter: @epodrulz
