Interesting Ways You Can Now Use Bitcoin
It hasn’t taken long for the cryptocurrency revolution to begin to take hold. The technology has actually only been around since 2009, when it was created by the mysterious Satoshi Nakamoto, which is a presumed pseudonym. In this continuing revolution though, one cryptocurrency has reigned supreme, and that is Bitcoin. This titan of the crypto world was, interestingly, also the first one created, by the aforementioned Nakamoto.
Since then, it has grown mammoth in stature, with an immense forty-six million Americans owning at least one share of Bitcoin, as of May 2021. It has also been endorsed by a whole range of celebrities, ranging from rappers 50 Cent and Kanye West, actors Maisie Williams and Gwyneth Paltrow, to tech-billionaire Elon Musk. It’s no wonder then, that it is the first word most people think of when they hear the word cryptocurrency.
As its popularity has exploded over time, the mainstream world has become much more accustomed to Bitcoin being used to buy things. Instead of it just being kept to the outer recesses of the internet and even the dark web, which was where it first took hold, it can now be used in many interesting ways.
That’s Entertainment
The entertainment industry is welcoming Bitcoin with open arms and a glittering smile. The largest cinema chain in the US, AMC Theatres, just announced that they will be allowing customers to use Bitcoin to buy e-gift cards in the near future, with them hoping to make the option available by 2022. Yup, that’s right, you’ll soon be able to transfer your crypto into a mesmerizing night out watching the latest enticing blockbuster.
For gaming aficionados, there are options now available that can make good use of their bitcoins. Twitch, one of the world’s most famous streaming services, and one famed as being a platform gamer can use to showcase their skills for the viewing public, now enable their streamers to accept tips in Bitcoin and other cryptocurrencies.
Plus, for those who enjoy the thrills of gambling, there are websites, such as Vegas Slots Online, that are devoted to bringing you the best online Bitcoin casinos. On their webpage, their review team has listed all the finest Bitcoin casino sites available, which allows you to discover one that aligns with your tastes. On top of that, they have an easy-to-read guide for using the casinos, so you know you’re in safe hands.
Travel the World
You might think that it’s only the US where Bitcoin has taken off, but the cryptocurrency actually has its hold in many countries around the world. So, if you’re lucky enough to be sitting on a stack of bitcoins, then you can use them to fund a round-the-world trip. Travel companies such as Cheap Air and Destinia allow you to purchase flights, hotels, and even a rental car to get around wherever you are going.
When traveling, if you stick to the major cities, then you should have no problem being able to convert bitcoins into the local currency, as Bitcoin ATMs have popped up in a whole host of interesting places. For example, there are 178 Bitcoin ATMs in Spain available and 41 in Australia. Websites such as Coin ATM Radar make it possible to locate these ATMs, so you can map out your adventure.
For the Foodies
Your tummy is rumbling, and you’ve got a virtual wallet full of bitcoins to spend, where do you go? Well luckily, there are a number of food businesses that have seen the future of cryptocurrencies and adapted accordingly. One of them is the popular supermarket chain Whole Foods, which has 500 stores in the US. This comes as little surprise, as the company are known to be at the forefront of progressive change, and are famed for their organic and healthier food choices.
To use your bitcoins at Whole Foods and other places, such as Starbucks, you’ll need to have a Bitcoin wallet. Make sure to spend some time looking around to find out what the different types of wallet to store your Bitcoin are, and which one best suits your needs.