7 Unique Ways to Spend Your Bitcoin
So you have bitcoins and want to spend them, but you are not sure what to buy? We all know you can purchase items off Newegg or Dell, but what if you don't want to buy electronics? You want those novelty products that make your friends jealous and quite possibly end up on a shelf in your office gathering dust before ending up as the perfect gift at a white elephant party. Here are seven ways to spend your bitcoins that you probably didn't know about. 1. Tickets to Space. While this one won't end up on your shelf, it will make your friends envious. Richard Branson's Virgin Galactic Space....
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One of the more common ways for consumers to spend Bitcoin is by buying gift cards from various retailers and outlets. Popular Bitcoin gift card services will often offer a small discount on every purchase. Giving consumers an extra incentive to spend digital currency. A recent survey by CardCash shows how Starbucks gift cards are a clear fan favorite, whereas Visa Gift Cards are far less preferable. Most of these trends seem to correlate with how consumers would spend USD balances on gift cards, though.
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very bullish for bitcoin. IMF Encourages Mass Spending IMF Managing Director Kristalina Georgieva has urged governments worldwide to spend as much as they can and then spend even more. She said on Friday at Russia’s annual Gaidar economic forum that policymakers worldwide should embrace more....
Amsterdam has always been somewhat of a bitcoin haven. With startups seeking to make the city the "bitcoin capital of the world", it has historically attracted high-profile bitcoin events. Last spring, for example, saw the opening of Amsterdam's very own Bitcoin Boulevard, a project that signed up 10 merchants in the city to accept bitcoin. The Bitcoin Foundation also picked Amsterdam to host its Bitcoin 2014 conference last May in what may have been the most high-profile testament to the city's pull for bitcoin aficionados. Sander Regtuijt, business development manager at BitStraat,....
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.”
Traditional Funding Channels Drying Up
After the Covid-19 pandemic caused traditional funding channels to dry up, some African activists responded by raising funds through cryptocurrency and non-fungible tokens (NFT) sales. The raised funds have in turn ensured the....
Bitcoin.com has launched its new Spend Bitcoin section, a one-stop-shop where users can spend bitcoin on over 2,500,000 products from reputable merchants across the globe, including Newegg, Overstock and Rakuten. Most people think of Bitcoin as an alternative way to pay online, and for the most part, that statement is true. Even though there are....