Cryptocurrency has been gaining popularity since the year 2010. With names like Elon Musk attached to it, there is no doubt in the fact that cryptocurrency is not going to be just another trend.
It has taken the economy by storm and given the common man financial liberty. In this article, we are going to talk about how you can take this ‘financial liberty’ to a whole new level by knowing just the right way to spend your Bitcoin money.
Sadly, not including the famous Tesla, almost all supercars are now heading towards this newly designed payment system. Companies like Lamborghini, Porsche and Bugatti have started selling their cars to Bitcoin owners. They not only offer Bitcoin payments but also other cryptocurrencies like Ethereum and Dogecoin.
Dealership companies, that act like middlemen, help automobile companies to deal with cryptocurrencies. Some examples of such dealerships are BitCars and AutoCoinCars. BitCars is a Poland-based auto brokerage company that trades luxury cars and supercars with Bitcoins.
If you don’t care about your carbon footprint, then buying or renting a private jet can be done using Bitcoin. This very famous payment method has given cryptocurrency owners a tunnel to enjoy spending their coins on luxury jets.
Dealerships like Aviatrade have made trading Bitcoins with private jets feel like a piece of cake. AvaTrade is a New Jersey, USA-based company that offers premium luxury even if bought with Bitcoins.
These luxuries are one of the many reasons why multi-millionaires are turning to Bitcoin. Bitcoin has started offering a similar kind of freedom that normal currency provides. Shopping using Bitcoin enables Bitcoin owners to have zero interference from the government in their finances.
Dealerships like BitCars and Denison Yachting allow Bitcoin transactions. The reason why people trust this newly formed electronic and physical cash system is because of the security in the transactions. The downfall of the increase in Bitcoins is the mining that needs to be done in order to make physical Bitcoins. The mining of coal emits poisonous gases into the atmosphere. This is the main reason why Tesla backed off from trading Bitcoins.
Real estate has itself become popular amongst the younger generation. One can only get out of the rat race of money if he/she gets into real estate. With the youth comes new systems that bring drastic change to the current system. What we are trying to say here is that you can also buy real estate with Bitcoins.
The first Bitcoin transaction for real estate took place in the year 2017 for a house in Essex, UK. The house was sold for $480,000 that will be 13.05 Bitcoins. Firms that deal with such cryptocurrency transactions are spread throughout the globe.
- Bithome (properties throughout Asia, Europe and America)
- Caliber & Partner’s OpenHouzz (200 properties throughout Spain)
- Mercado Libre (Argentina)
- Real Estate Investment Trusts
- WeWork (for office space)
Although it might not be possible to go street shopping with Bitcoins, luxury and high-end fashion brands have started opening doors to Bitcoin transactions. It is crazy to know that a laundry cleaning company, Dublin Cleaners in Columbus, has started to do business with Bitcoin.
An Italian brand called Lanieri has offered Bitcoin as a mode of payment. Another Dutch brand named SUMOR Par Elle sells products ranging from wallets to clothes, all through Bitcoin and Ethereum. Call it fashion!
Food and Beverages
Bitcoin users have been buying foodstuffs from local supermarkets to high-end restaurants. There are companies that provide Bitcoin owners with cards and special security codes which make the buying process secure. This freedom is definitely not known all around the world but people have started implementing them slowly.
Websites like Cryptorefills give Bitcoin owners the opportunity to select any restaurant, from local street foods to McDonald’s and Sabaro, and pay via Bitcoins just as they did with normal currency. Restaurants like Pizza Hut and Domino’s have opened Bitcoin payment methods. You can check out Bitcoin Evolution Login, if you are planning to invest in Bitcoins.
You can create and buy your own website domain names using Bitcoin. If you plan to start a business or register your offline one on the internet, you can do so using Bitcoin. It can’t get any simpler than this.
Even small artwork businesses use legal platforms to sell their art using Bitcoin. There is a sparking debate whether buying artwork using Bitcoin is a good idea or not but all we can say is that it is possible to buy artwork using Bitcoin but we advise you to do your research first.
Make sure you are aware of the platforms via which you will be trading. You must check whether the rates of conversion of Bitcoin to standard currency are realistic or not. Communicate directly with the artist if you suspect anything fishy.
The stock market has famously promoted the idea of electronic gold throughout the globe. This same concept is used while trading gold using Bitcoin. You either buy electronic gold online using Bitcoins or buy physical gold from a jeweler. Bitcoin gives you the freedom to spend money anywhere and everywhere with no government interference as such.
Fun Things You Didn’t You could Buy with Bitcoin
There are some really not-so-impressive things that you can spend your Bitcoins on. Vacuum cleaners can be bought online using cryptocurrency. Bitcoin owners can also buy mattresses and bedding’s. As long as the transaction platform is safe and trustworthy, you can buy anything and everything.
You could gift Bitcoins to your friends and family. You can also make charitable donations and buy yourself some good karma. The Oscar vote counters are also up and available for Bitcoin transactions. From daily essentials to a penthouse in New York, Bitcoin has managed to spread its wings and is in the process of changing the future of money transactions.