Technology keeps advancing as years go by. The introduction of digital currency has revolutionized the world, hence creating various cryptocurrencies like Name coin, Peercoin, and Dogecoin. Cryptocurrencies are digital currencies whereby transaction approvals and records are not controlled by a central body like banks or governments. The decentralized nature makes cryptocurrencies offer non-restricted wealth. You can complete a transaction in anonymous nature.
Bitcoin is the first cryptocurrency to be used widely since its introduction back in 2009. Bitcoins are created by a process called mining done by a computer, solving complex problems, therefore, getting bitcoins in return. You can also buy bitcoin with your bank account. With the many digital currencies, you can now buy several things and services online. For example, you can buy an airplane ticket, tickets to watch the Mavericks or even pay for your taxi. Below are items you can buy with such currencies.
Real estate
When selling or buying, real estate is a progressive industry associated with considerable sums of money. These digital currencies, however, can also be used to purchase properties. For example, you can buy a farm, vacation house, business, or acreage. Bitcoin Real Estate is a platform that can get you sorted as you can purchase property from a listing they provide. For property on sale, photos, a video, and a lengthy description are attached; a google map too.
Cars
Nowadays, finding a car dealer that accepts cryptocurrency for pay is not as hard. Autocoincars platform offers cars for sale in cryptocurrency, whether they are used or new. This site has a wide variety of vehicles and seeks to link sellers and buyers of cars in cryptocurrency. First, the dealer has to accept the cryptocurrency the buyer wants to buy in. Then, negotiations on the price can be done between the buyer and the seller. Mason Borda said he preordered the beautiful Tesla Model 3 with bitcoins back in 2016.
Event tickets
The Dallas Mavericks, an NBA team, for the past two years, have been accepting Dogecoin cryptocurrency. Bitpay provides a cryptocurrency payment service. Maverick fans can pay for merchandise and tickets online with this currency. This payment method makes it easy for worldwide fans to access their services and goods.
Pizza
Bitcoin pizza allows you to buy pizza in this digital currency across several cities in the US. Austin, New York City, San Francisco, and Los Angeles are among the ten cities you can order pizza in cryptocurrency. Buying these pizzas supports cryptocurrency developers in doing more research. You just visit their website, order the pizza you want together with the time you want it delivered. A local pizzeria will make it and put it in a special box and deliver it to you at the said time.
Buying Gift cards
A gift card is a debit card that is prepaid in a specific amount for several purchases to be made. You can buy a gift card through Coinsbee.com without creating an account and get it delivered in email as soon as the payment is made. You can make payments in different currencies like Litecoin, Ethereum, dogecoin, among others. You can buy gift cards with cryptocurrencies to make a loved one feel special on their birthday or anniversary.
Final thoughts
With the increasing number of these digital currencies, we will buy just anything in these currencies in the future. So, change is inevitable when it comes to technology, innovation after another.