Can you can buy something with Bitcoin?
Have you ever wondered what people do with bitcoin or ethereum once they’ve bought them? Or can these cryptocurrencies really be used to buy things?
The truth is that there are so many cases for cryptocurrency!
You can buy a cup of coffee, movie tickets or even pay your phone bill with Bitcoin. The fact is, there are more and more retailers that will accept Bitcoin and also ETH.
Starbucks, Amazon, Mastercard: Bitcoin is no problem!
With the development of third-party payment companies, there are more and more channels for cryptocurrency.
This year, Starbucks has allowed consumers to buy coffee with bitcoin through Bakkt.
And if you want to shop on Amazon, you can use Purse, a third-party payment service that doesn’t pay Amazon with your bitcoin, but instead, they will takes your bitcoin and charges the Amazon gift card to the person who would like to buy bitcoin, then make the transaction. Also, there are some websites/platforms that categorise items on the market can be paid with Bitcoin, like spendabit
In addition, AT&T, the largest telecom company in the US, also accepts cryptocurrency for people to pay their cellphone bills through third-party payments. Customers of AMC(a cinema brand in US, are also starting to be able to buy tickets online using bitcoin or ethereum.
Even Paypal, a traditional third-party payment company, has started to allow Bitcoin, Bitcoin Cash, Ether and Litecoin as a payment methods.
Mastercard has also announced a partnership with Bakkt that will allow all of its partner banks and merchants to integrate cryptocurrency transactions into their existing products.
In varidata, if you decide to deploy a server for your business, you could pay your server fee in bitcoin or ethereum.