The Many Uses For Bitcoin

Bitcoin has revolutionized the financial world and the world of online commerce. A virtual currency with an incredibly high value, it has changed the way that people save, trade, invest, and purchase in the digital age.

When Bitcoin first burst onto the scene it was predicted by a cynical few that its power and value would soon diminish, but on the contrary, the opposite has in fact happened.

If anything it is becoming more and more powerful and with fluctuations and destabilization in currencies from around the world, it would appear that the power and popularity of Bitcoin is here to stay.

If you want to know the ins and outs of the industry you can check out this FAQ section, but if you want to know where you can spend your Bitcoin, keep reading! If you happen to have a few bitcoin in your digital purse, read on to find some of the more interesting ways to spend your digital currency!

1. The Trucking Industry

Did you know that truckers pay one another with Bitcoin? It makes sense if you think about it. If you’re working for a trucking company that has you on on the road for long periods of time, you don’t want to carry lots of cash while on the job

Or if you are hundreds of miles from an ATM then it is an obvious choice to use a virtual currency that can be transferred with a few clicks of a button. It is safe, secure, quick and efficient, so why wouldn’t you!

2. Online retailers

This came as a bit of a surprise to me as well! When I think of Bitcoin, I always think of tech-related purchases but nowadays even big online retailers accept it.

You can pic out a new outfit, get some new shoes, or do your weekly shop online with big household names like Nike, Amazon and Walmart signed up to this digital revolution, you can swap your digital coins for real life products with just a few clicks!

3. Travel and Tourism Operators

Did you know that you can now pay for your annual holiday with Bitcoin. Some airlines already accept it, some are planning to launch it soon, and lots of online accommodation providers already offer the service.

You can reserve and pay for your rooms from operators such as Expedia, Holiday Inn, and One Shot Hotels and some real estate agents are even allow people to purchase properties with Bitcoin! This is the start of something big and I am sure we will see a big increase in service providers offering payment in Bitcoin in the coming years.

Conclusion

With the Bitcoin phenomenon showing no sign of slowing down, it is about time that you get with the program and get involved. An investment in Bitcoin offers you security and a guaranteed return on your investments as well as lots of easy and convenient ways to pay.

If you haven’t already dabbled in this hi-tech world then we suggest you get with it and see what all of the fuss is about. Thanks to this article you won’t have to worry about where you will spend your coins as new service providers are joining the revolution every day!

Written by WeUseCoins on May 13, 2017.