What can you do with Bitcoin today?

 article about what can you do with bitcoin
2019-03-26 02:53:24
Bitcoin came out almost exactly 10 years ago. While the name of the inventor is still unknown, although the inventor or inventors are using the name Satoshi Nakamoto, it has gained popularity ever since. With its ups and downs Bitcoin has always been very volatile, with price rises or drops of 40 or more percent a day not very uncommon.

So far the highest price of Bitcoin was on December 17, 2018, when it reached $19,783.06. At the time of writing this article the price is at $3,958.95 and it has been between $3000 to $4000 for quite a few months now. Compared to its high in the end of 2018 it doesn't seem much, but then again, it started with a value of just $1, and anyone thinking that Bitcoin days are numbered are most likely very wrong. There are a number of people who are saying that the current price is waiting for Bitcoin ETFs and once that happens the price of Bitcoin will start increasing a lot again. Some other people say that ETFs shouldn't matter. Which of the views is correct is rather hard to say, but one thing is sure - Bitcoin is here to stay.

But right now, what can you buy for Bitcoin? What can you do with Bitcoin besides, well, buying, selling, and holding Bitcoin? We've probably all heard stories about the pizza that was bought for 10 000 Bitcoins back in 2010 when Bitcoin was worth $41. And that wasn't actually an available payment method back then. But today it might actually be possible. So what can you do with Bitcoin today?

You can pay with Bitcoin in online stores


An increasing number of web businesses are accepting Bitcoin as a payment option. And it doesn't matter which niche we are talking about. You could book your next holiday with Expedia or even pay for your flight to outer-space with Virgin Galactic. You can buy apps for your phone through Microsoft App Store. You can even buy furniture at Overstock. And these are just some options worth mentioning.

You can pay with Bitcoin in shops near you


While, depending on where you live, there might not be hundreds of possibilities yet, there are most likely a few options to shop using Bitcoin near you - to buy food, electronic goods, clothes, etc. To find them you can check coinmap.org.

You can use Bitcoin to play poker


Bitcoin can be used to gamble and play poker - according to this article there are already quite a few poker rooms that have been built to accept just cryptocurrencies and some others that just accept Bitcoin as one of their payment options.

You can use Bitcoin to trade in forex market


And of course, you can do what people have been doing with Bitcoin all the time - buy, sell, and hold. And now you can also use bitcoin to trade not just Bitcoin, but also use your Bitcoin to trade forex.

As you can see, there are actually a number of ways you can use Bitcoin today, and I'm sure you can find even more if you wanted to.




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