Bitcoin is no longer the young money system on the block it used to be. After Bitcoin’s incredible rally in 2020, many large banks are feeling the heat to grant access to Bitcoin. If you’re done hodling some (or all) of your Bitcoin and are ready to spend, you’re in luck! You can now buy pretty much anything you want with Bitcoin.
Here are 13 of the most useful (and some extravagant) items you can spend your Bitcoin on today.
There are more than a few modes of transportation that you can buy with Bitcoin, and more are being added all the time. Some are immensely practical, and some… not so much.
While you can no longer buy a Tesla with Bitcoin, there are other dealerships that are beginning to accept it. You can buy a Lamborghini in Newport Beach, CA. Lamborghini Newport Beach began accepting Bitcoin in 2013 and has noticed that purchases with cryptocurrency spike when Bitcoin’s worth spikes.
Houston luxury-car dealership Post Oak accepts Bitcoin as payment for their vehicles, and so does Georgia and Alabama Kia dealer Carriage Auto Group. Be aware that buyers will have to pay for the full price of the car in Bitcoin, however.
Luxury cars not quite extravagant enough? Prime Experiences yacht rentals based out of Miami, Fl accepts both Bitcoin and Ethereum as payment options. Harness the new wave of finance to spend a couple days in luxury on the waves!
Luxury yacht not quite hitting the spot? Need to travel places fast? Private jet dealer Aviatrade accepts Bitcoin as payment for business jets. So when Bitcoin goes to the moon, get yourself a Gulfstream G500 to travel with your friends!
2. Real Estate
The real estate market is now open for business with Bitcoin! In some areas, rent can be paid with Bitcoin, and houses can be purchased with it as well.
Caruso, a Billion dollar real estate firm, now allows tenants in both retail and residential units to pay their rent with Bitcoin. While this isn’t the case still for most landlords and real estate companies, liv.rent is looking to change that with their new “Pay with Bitcoin” option.
Can you buy a home with Bitcoin? Short answer, yes! If it is being sold through a private party, that will just have to be requested, and some brokerages are beginning to accept it. However, there are currently no mortgage options in Bitcoin, so you’ll need to be able to cover the entire cost of the house. Here’s more info on how to buy a home with Bitcoin. Check out these 11 houses you could buy with your Bitcoin!
Looking for electronics? PC parts, laptops, electronics, gaming chairs and even lawn mowers can all be bought on Newegg.
Newegg allows you to link the Bitcoin wallet of your choice to pay for your order, so now its a breeze to buy some electronics with Bitcoin.
7. Video Games
There are also a few sites where you can purchase Steam keys for popular games with Bitcoin as well. Since gaming is one of the largest interests within the crypto community, we expect to see this list expand soon.
Looking to travel using Bitcoin? Good news! You can pay for over 700,000 hotels across 35,000 destinations with Bitcoin. Travala, a crypto-friendly booking platform for traveling grants this service for the crypto-loving enthusiast.
Through Expedia, Travala offers a multitude of hotels that can be paid for completely in Bitcoin or other cryptocurrencies.
9. A College Degree
Become a master in digital currency by using digital currency! A MSc in Digital Currency is offered by the University of Nicosia in Cyprus. Payment for the degree can be made in, you guessed it… digital currency.
10. Your Morning (or Evening) Coffee
Living in or visiting NYC? Go buy some coffee at 787 Coffee Co., and pay for it with Bitcoin.
In the future, paying with Bitcoin at small businesses may be more common. Square is a large provider of small business point-of-sale systems, and they have made significant investments in Bitcoin, and in crypto research.
11. Comic Books
Near Fort Worth, Texas? Go pick up some comic books at The Multiverse with your spare Bitcoin.
Similar to this, there are various artists buying and selling art using NFTs and crypto. Learn more about that here.
Enjoyed by internet users everywhere, and marked down by teachers everywhere, the Wikimedia Foundation accepts Bitcoin for donations. Their Wikipedia website may be free to use, but it’s a big operation that needs funding. So if you appreciate the information they supply, consider donating in cryptocurrency.
13. Anything You Want!
With the rise of cryptocurrency exchanges, it is becoming easier to buy whatever you want with crypto. Paypal allows users to checkout with crypto, and many exchanges allow you to do the same.
While this limits some of the true capabilities of crypto, it does allow people to use their crypto to purchase just about anything they want.
What the exchanges do is sell the crypto and finish the transaction with cash at the point of purchase. So it isn’t truly buying the items with crypto, but it is as close as we can possibly get… for now.
Converting Bitcoin to Cash
For those wanting to still make purchases with physical cash, nothing beats the speed and simplicity of withdrawing cash using a Bitcoin ATM.
When you convert crypto to cash, you can buy anything anywhere that accepts cash (hint: that’s a lot of places).
This list is by no means exhaustive, and it grows every day! Be sure to keep an eye out for new things you can purchase with your Bitcoin.
Coinsource is the world leader in Bitcoin ATMs. With a focus on compliance and ease of use, Coinsource is aiming to bring Bitcoin to the masses. Follow for blogs about Bitcoin, finance, company updates and Bitcoin ATM information!