If you’re a regular here at Tech Media Magazine, you’ve probably heard of Bitcoin at some point over the last few years. In case you haven’t: Bitcoin is essentially a digital currency that exists solely online and that can be traded for goods and services both online and in the real world.
Since a mysterious programmer first launched the cryptocurrency in 2009, the number of establishments that accept Bitcoin as a form of payment has grown exponentially. These days, you can swap your well-earned Bitcoins for almost anything, so here are just a few ideas for you to try out:
Considering the Bitcoin economy and the iGaming industry have developed in tandem over the last few years, it is no surprise that both have come together to offer patrons fully functioning, high-quality Bitcoin-based online casinos. While you may assume that operators using such an alternative currency may provide a smaller amount of games or a clunkier experience this couldn’t be further than the truth.
Not only do they often have a large variety of games, but Bitcoin transfers are also far swifter and safer than traditional methods. Of course, you don’t have to take our word for it, as there are plenty of sites where you can experience the fun of bitcoin casinos for yourself.
Ever fancied buying your very own island or a Lamborghini but all you have is a pile of digital currency that you don’t know how to spend? Fortunately for you, there are now luxury Bitcoin marketplaces packed full of everything you could ever want and need.
Sites like BitPremier and Ebitluxury sell brand new Rolex watches, antique vehicles, sports cars, fine art, lavish estates and even aircrafts. In fact, at the time of writing, BitPremier are currently selling a 2013 Cessna TTX Personal Aircraft for 539.276 BTC or $650,000 – bargain! Of course, if you’re not exactly rolling in Bitcoin, you can always try BitcoinStore, where you’ll find much more reasonably priced items, which leads us on to the next few places you can spend Bitcoin.
As mentioned above, BitcoinStore is an online store that offers all Bitcoin enthusiasts a range of items, but what you may not know is these lots are often sold cheaper than anywhere else on the internet, including Amazon and NewEgg. Coingig is very similar, but we thought it would be best to mention this site as well, as it offers a wider range of products from books to t-shirts.
Alternatively, if you’d like to stick to your favourite, more traditional stores but they are yet to start accepting Bitcoin, you can try Gyft. There, you’ll be able to swap Bitcoins for gift cards for well over 200 stores including Sears, Target, Gamestop and Amazon.
There you have it: three different ways you can swap your Bitcoins for goods and services. Whether you want to play some online games, buy a yacht or purchase some gift cards for your favourite shops, Bitcoin has you covered.