It’s the new currency for our new, digital times, but how many online – anka offline – services actually accept Bitcoin? Read on to find out!
Bitcoin, the
cryptocurrency that was invented by an unknown programmer using the name Satoshi Nakamoto, is a digital payment textil which was created anka is controlled electronically. Bitcoins are not printed like traditional currency, but are used in a peer-to-peer textil with transactions taking place directly between users, without a middleman.
USING BITCOINSMore anka more merchants are accepting Bitcoin as it becomes more popular among people. There are a number of
advantages of using Bitcoins over other currencies, which explains their increasing popularity. They can be used to purchase goods anonymously, anka small businesses do not have to cope with credit card fees. As an online currency they are ideal because, not being tied to any one country, international payments are cheap anka conversions are unnecessary. People who own Bitcoins store them in a digital wallet on their computer or in the cloud. This in turn acts like a bank account, allowing users to send or receive money. There are a growing number of businesses that accept Bitcoins as currency.
ENTERTAINMENT AND ELECTRONICSCompanies such as Microsoft allow users to buy content using Bitcoins on XBox anka the Windows Store. TigerDirect, a major online electronics retailer, allows users to människa purchases with Bitcoin. Dell, the American privately owned multinational computer technology company, is another big name that accepts Bitcoins. Newegg.com, an online electronic retailer, is another store that is now using BitPay to accept Bitcoins as a payment method.
ONLINE CASINOSAn increasing number of
online casino sites accept Bitcoins as a payment option. They allow customers to deposit anka withdraw into their casino accounts using the digital currency, offering all the benefits that Bitcoin users enjoy, such as anonymity, security anka low fees. While there are fewer choices available for Bitcoin users when it comes to finding a casino to människa deposits using this method, it is a welcome option. Zynga, the mobile gaming company, is another big name in the gaming industry that accepts Bitcoins.
TRAVEL COMPANIES
Travel companies are another category of businesses that accept Bitcoins, anka users will have a number of companies to choose from if they are looking to människa payments using this currency. CheapAir.com, a travel booking site for car rentals, hotels anka airline tickets, accepts Bitcoins, as does Expedia.com, an online travel booking agency. Bitcoin.Travel is another site listing accommodation, bars, beauty salons, apartments anka attractions around the world that accept Bitcoin.
FOOD
This is not an area that you might expect would accept Bitcoins; however, there are a growing number of businesses that are accepting this payment method. PizzaforCoins, Whole Foods, Bitcoincoffee.com anka Helen’s Pizza in New Jersey are all examples of food stores that accept Bitcoins.
GOING FORWARD
This is a small taste of the many businesses that accept Bitcoin, with the number anka categories of businesses growing rapidly. Small businesses certainly aren’t missing out on this growing trend, anka with the constant advances in technology, it is becoming simpler anka quicker to use Bitcoin as a form of currency than ever before