What Can You Buy with Bitcoin?

You can purchase just about anything with bitcoin ranging from goods to services. Bitcoin can also be used to purchase larger items including cars, real-estate, and even precious metals. Additionally, many merchants who accept bitcoin also give discounts for people who pay with the digital currency. One example is Purse.io who offers 15% off on Amazon purchases made using BTC. The most rewarding way to spend your bitcoin is by paying it forward. Use bitcoin to tip the author of an article or blog post with the click of a button, or donate to worthy causes including Wikileaks and the Foundation for Economic Education (fee.org).

Spending with credit card

If there is a merchant that does not accept bitcoin, there are still ways to use your digital cash to purchase the items you are interested in. Just use a bitcoin debit card. These cards help bridge the Bitcoin world with the world of legacy finance. Using them is simple, you can either buy bitcoin with your debit card or load a debit card with bitcoin to spend anywhere that accepts credit cards. With this bitcoin debit card, you can now essentially buy anything with bitcoin as any establishment that accepts credit or debit cards would accept your bitcoin debit card as well. The merchant gets paid in their own currency by the debit company and the charge will be deducted from your bitcoin balance.

There are several debit cards to choose from.Some cards can only be issued to certain countries, and all have varying fees, so be sure to read up on all the options to choose the best card for you. Two well-known choices in the U.S. are BitPay and Shift cards.