In the first years of Bitcoin, in 2009, it was almost impossible to use it for shopping. However, the incredible rise of Bitcoin in 2017 caused the eyes to turn to Bitcoin. In 2019, fortunately, things changed. Today, you can easily spend Bitcoins almost anywhere. Now more retailers accept Bitcoin in their trades, real estate agents accept Bitcoin in Dubai, while hotel reservation websites and gaming platforms like Steam also buy Bitcoin.
Where can I spend Bitcoin?
The concept of digital money, which emerged differently from the classical understanding of money, is a new alternative means of exchange that has become widespread in the world in recent years.
Today, especially in developed countries, expenditures are mostly made with digital instead of paper money. Digital currencies represent paper money, are stored electronically, and have movable properties. With the development of technology and digitalisation, the virtualisation of money has also taken place.
Digital currency and its history
The idea of digital currency first emerged in the Netherlands in the late 1980s. With the smart card system developed to prevent theft for gas station owners and truck drivers, money had to enter into smart cards, and fuel could get purchased with this money. In the same years, POS devices started to get used in Europe for customers to make direct payments from their bank accounts. Proton (Belgium), Geldkarte (Germany), Chipnick (Netherlands), Mondex (England), Moneo (France), Suica (Japan), EZ-link (Singapore), and Octopus (Hong Kong) were the first e-money applications launched in Europe and Asia in the 1990s as card-based products in the form of electronic wallets.
The transition from gold to gold-based paper money and then to digital money has become widespread worldwide, thanks to the developments in information and communication technologies.
As digital money without physical reality becomes widespread as a type of money that is not issued by a specific institution and accepted in the virtual environment, it also changes in terms of diversity and usage areas. The most common use of digital money is “payment.” There are now digital currencies among the payment methods of national and international trade agreements. In addition, digital money is also a saving and investment method.
Attitudes toward digital money
The increasing use of digital money has also become a priority for countries and institutions. In her first speech as President, the President of the European Central Bank (ECB), Christine Lagarde, stated that the bank has plans to direct the special task committee to digital currencies. Lagarde noted that with the developments in the digital money market, the European Central Bank should play a leading role in using new technologies that can prevent traditional banking systems and procedures.
Digital money has different definitions in the literature. The European Central Bank defines digital money as “digital money that is not regulated, issued and controlled by its developers and accepted within a certain virtual environment.”
The definition of digital money, which is now present in the virtual environment, may differ as there may be significant differences in the crypto structure with the changing and developing technologies.
Where can I spend Bitcoin?
Bitcoin is a fantastic cryptocurrency. You can spend Bitcoins in many places that accept Visa (NYSE: V) or Master Card, and the list of retailers and companies that accept cryptocurrencies is growing by the day. An increasing number of retailers are using point-of-sale systems that accept crypto payments. For example, Square (NYSE: SQ) is a popular sales system used by retailers worldwide. Square started getting Bitcoin through its Cash App in 2018. Other point-of-sale systems allow retailers to accept Bitcoin as quickly as they receive any payment method. Sometimes these systems require special hardware to install.
But in most cases, retailers can integrate Bitcoin payments into their existing POS systems. It is easier for retailers to accept Bitcoin payments without installing special hardware. That means now is the best time to find retailers that accept Bitcoin in your local area.
How do I spend Bitcoins in the “Real World”?
It’s pretty easy to shop in the real world with virtual currency.
- Typically, the merchant will have a POS system that displays a QR code.
- Scan the QR code after opening the Bitcoin wallet on your phone.
- The QR code represents the Bitcoin wallet of that store.
- Scan the QR code and access the wallet app, then confirm the total amount to be paid.
- You can repeat this process with online sellers. In this case, online merchants will display their public key addresses – letters and numbers chain like xioj340jxvuia323jxdfnadsfa. Copy and paste this key into the “Send” area of your wallet, then confirm the amount to be transferred.
- This process is relatively easy – but there is a more accessible and acceptable way to spend Bitcoin.
Spending Bitcoin with a Credit or Debit Card Many payment platforms now offer bitcoin credit cards and prepaid Bitcoin debit cards. Once you have a Bitcoin credit or debit card, you do not have to worry about scanning a QR code at the store, and you do not have to wait 10 minutes for the transaction to get completed. You need to use your Bitcoin debit or credit card as quickly as VISA or MasterCard. When spending Bitcoin with a debit or credit card, you do not need to shop at specialty stores. Retailers do not need to have special equipment. You do not even need to tell the retailer that you are using Bitcoin. Instead, pull out your Bitcoin card and pay as you would with any debit or credit card. Many payment platforms offer contactless cards.
What is the Bitcoin debit card?
If you touch the POS machine with your card, you can pay your payment instantly with that card. If the retailer accepts Apple (NASDAQ: AAPL) Pay, Samsung (KS:005930) Pay, and similar options, you can use your contactless card without any problems. The “secret” behind these cards is simple. Before using your card in the real world, you will load it with Bitcoin. The payment platform transfers your Bitcoin to USD (or any other valid currency) based on the current market price of BTC. Your card now has a load of fiat currency, and Bitcoin balances the contents of that card. Most Bitcoin debit and credit cards are free to use. Most cards also offer cheaper exchange fees than traditional VISA and MasterCard cards your bank offers. There is no better way to spend Bitcoin in the real world.
Consult the professional Bitunivex experts to get your Bitcoin debit card and enjoy shopping for your virtual coins.
Larger retailers are accepting Bitcoin as well
More than 100,000 retailers accept Bitcoin. Some of the important names are:
- Microsoft (NASDAQ: MSFT)
- Expedia (NASDAQ: EXPE)
- REEDS Jewelers
- Golden Gates Hotel & Casino in Las Vegas
- Tesla (NASDAQ: TSLA)
- Overstock.com (NASDAQ: OSTK)
- eGifter (gift cards)
- KFC Canada
- T-Mobile Poland
Any merchant that accepts VISA or MasterCard will receive your Bitcoin prepaid debit card. Overall, over 100,000 merchants worldwide accept Bitcoin. More than 50 million merchants with VISA or MasterCard POS machines now get Bitcoin thanks to prepaid Bitcoin debit cards.
Usage areas of the Cryptocurrencies
Cryptocurrency and blockchain technology finds use in almost every industry. More and more people prefer crypto money as an alternative currency every day. The use of crypto money has increased exponentially over the years, and more than 1600 cryptocurrency types are present on CoinMarketCap, one of the virtual platforms for the crypto money market. The total market size of all crypto alternatives was more than USD 850 billion as of 2018, and the cryptocurrency market is growing by about 12% every year. Considering that cryptocurrencies have a decentralised structure, it will be clearer how broad their usage potential can be. Some of the areas currently being traded using cryptocurrencies are as below:
The travel industry is one of the areas where the use of cryptocurrencies is rapidly spreading. An excellent example of crypto money technology is the travel sector. Crypto payment creates an easy and secure payment opportunity, especially for travel agencies that provide services over the internet and have international qualifications. Travel agencies are excellent examples of the use of Bitcoin since 2013 when purchasing tickets for flying, reserving hotel rooms, renting cars, and hiring cruises. It is a website called Cheapair.com that accepts it as a form of payment.
Like the travel industry, the real estate industry has become one of the industries using cryptocurrencies. Propy.com is the world’s first international real estate sales site that accepts cryptocurrencies to buy real estate.
Another site called Mycoinrealty.com includes houses that can be purchased explicitly using Bitcoin (BTC). An example of the transactions already made on this site is a magnificent villa worth 157,000 BTC in Vegas, sold through this site in 2014.
The number of social media platforms that use blockchain technology is increasing rapidly, as social media has started to be used for professional career development and expressing thoughts and feelings. The most famous of these, Vanywhere.com, has developed a business model to bring users with special skills together with users who need these particular skills. All transactions on the Website are made entirely through cryptocurrencies.
Education is one of the areas where the potential use of crypto money technology is increasing rapidly. Several universities in Cyprus, Switzerland, the USA, and Germany claim that they accept cryptocurrencies, especially Bitcoin, as tuition fees on their websites. The Nicosia University in Cyprus is the first accredited university to collect educational expenses through Bitpay, a popular payment tool for Bitcoin.
Donation and Fundraising
In today’s world, where traditional money-making methods no longer work for new-age startups, many startup ideas prefer crypto to raise money for their services and products. The main reason for this is the ease of tracking where the money goes and where it is collected using blockchain technology. Blockchain and cryptocurrency technology can also prevent corruption and leaks within charities. The World Food Program (WFP) uses blockchain technology to distribute the hunger relief it has already collected transparently.
Motor Vehicle Industry
Companies interested in vehicle production have also started using crypto money technology. One of the pioneers is Tesla, founded by the famous entrepreneur Elon Musk. In December 2013, the first Tesla S Model found its buyer for 91.4 Bitcoin, and the company that followed this application in Europe is Lamborghini. In 2014, one of the company’s most famous models, the Lamborghini Gallardo LP 550-2 Coupe, was sold for 216.8 Bitcoin.
Retail Sale is an important sector that shows interest in crypto money technology. The first example of this regard started with the Website Overstock.com, which provides services in the field of furniture by accepting Bitcoin. After this move, many retail sales portals, including large retailers such as Crate and Barrel, Nordstrom, and Whole Foods, also offered the opportunity to shop with crypto money.
Digital publishers and advertisers struggle to find ways to increase interaction with each other. However, cryptocurrency technology offers good potential to increase this interaction. The best example of this is a company called Solid Opinion. The company in question has created a new type of pay-per-article advertising that can pay for valuable ad space just above the articles that a target audience of members of a contracted digital publishing company is reading. This technology uses a particular cryptocurrency to increase engagement.
Exchange of artifacts
Cryptocurrencies have even been used in exchanging works of art. Artists who are tired of working with intermediaries to sell their careers are already using the many conveniences provided by the internet.
At the point reached today, many art platforms are born where crypto money is an accepted issue as a payment tool. The most important of these platforms is the Bitpremier.com website, an important meeting point for selling or buying artistic products and allows shopping via crypto money. Reinier Van Den Bezermer Schoonderwoerd, who lives in Amsterdam and sells his piece “Collaboration” for 10,000 Euros using cryptocurrencies, is one of the artists benefiting from this platform.
Cryptocurrency technology has established new chances for game producers and developers. Some online games already trade cryptocurrencies, and one of the best examples of this practice is Project Big ORB. You can convert your in-game money into other assets, including cryptocurrencies, as a player of this game and then exchange it for real money.
Cryptocurrency and blockchain technology has created many new ways to change different aspects of our lives. These roads affect many other areas, from social life to the economy. As cryptocurrencies gain more popularity, there will be more different uses that will revolutionise the world.
What to buy with Cryptocurrency?
Digital currency is currently the world’s leading Cryptocurrency and is acceptable by around 5 million unique users. Bitcoin appeared in 2008 and first came to the public in January 2009. The digital currency is decentralised, meaning banks or governments do not control it.
There are many things people can buy with cryptocurrencies nowadays. You can buy a computer with cryptocurrencies and pay bills, for example, in the United States.
When will it be possible to buy plane tickets with Bitcoin?
It is possible now. Currently, it is possible to buy plane tickets in some countries with cryptocurrencies, which is not yet possible as an official payment tool in Australia.
However, the main point of discussion here is not that crypto money is among the payment options when buying an online flight ticket. Still, the appropriate ticket you buy today with crypto money, which is experiencing very sharp fluctuations, will exceed the price you purchased tomorrow with a last-minute change, even to an amount you will almost go by private jet. It could be.
Can I buy plane tickets with Bitcoin?
You can buy plane tickets and holidays abroad with Bitcoin and many other cryptocurrencies. Even the beaches of Miami are full of new types of wealthy people who suddenly get rich with cryptocurrencies and go on vacation. Of course, we cannot say that these newly rich people made their choices by researching the air ticket prices; however, they probably all fly by buying a business class ticket on their first flight to Miami.
How to pay for plane tickets with Bitcoin?
You can purchase flight tickets with Bitcoin through some companies’ websites that accept digital currencies as payment methods, and you can use the ‘cryptocurrency payment’ and ‘Bitcoin’ options as a payment options. You can pay for the flights by spending Bitcoin, but let’s just say that the trust factor is significant here. After all, there is no legal system or central bank behind this payment method.
Why is Bitcoin used when purchasing flight tickets?
Users who shop with Bitcoin with Blockchain technology are anonymous. The encryption levels mean that every purchase made with Bitcoins, although traceable, can never be associated with a personal identity. This issue is very similar to the anonymity of cash purchases.
No third-party interruptions
Bitcoin is only cross-party, with no disruption from governments or banks. If you have funds available, paying with Bitcoin is hassle-free and seamless.
Bitcoin users can do their shopping with Bitcoin from anywhere they have access to the internet. This topic means there is no need to carry a physical wallet or credit card. Instead, you can log in to your e-wallet on the Bitunivex site to quickly and easily pay for your Bitcoin travel tickets. This matter is also helpful if you buy flights when you are not at home or have lost your physical cards and need a payment method for flights.
From which countries can flights be purchased with Bitcoin?
Companies that sell tickets with digital money buy Bitcoin for themselves and use their cash to sell plane tickets almost anywhere. A US company accepts payments from all the countries listed below.
British Pound (GBP), US Dollar (USD), Euro (EUR), Argentine Peso (ARS), Australian Dollar (AUD), Brazilian Real (BRL), Canadian (CAD), Chilean Peso (CLP), Chinese Yuan Renminbi (CNY) Czech Koruna (CZK) Danish Krone (DKK) Dominican Peso (DOP) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Indian Rupee (INR) Indonesian Rupiah (IDR) Israeli Shekel (ILS), Japanese Yen (JPY), Korean Won (KRW), Malaysian Ringgit (MYR), Mexican Peso (MXN), New Zealand Dollar (NZD), Norwegian Krone (NOK), Pakistani Rupee (PKR), Philippine Peso (PHP), Polish Zloty (PLN), Romanian Leu (RON), Russian Ruble (RUB), Singapore Dollar (SGD), South African Rand (ZAR), Swedish Krona (SEK), Swiss Franc (CHF), Taiwan Dollar (TWD), Thai Baht (THB), Turkish Lira (TRY), and United Arab Emirates Dirham (AED).
British Pounds (GBP), US Dollars (USD), Euros (EUR), Colombian Pesos (COP), Swiss Francs (CHF), Hong Kong Dollars (HKD), Singapore Dollars (SGD), Australian Dollars (AUD), Canada (CAD), Russian Ruble (RUB), Korean Won (KRW), Swedish Krona (SEK), Chinese Yuan Renminbi (CNY), Turkish Lira (TRY) ), Romanian Leu (RON), Japanese Yen ( JPY), Ukrainian Hryvnia (UAH), Norwegian Krone (NOK), Malaysian Ringgit (MYR), Brazilian Real (BRL), Danish Krone (DKK), African Rand (ZAR), Bulgarian Lev (BGN), Thai Baht (THB), Indian Rupee (INR), Taiwan Dollar (TWD), Philippine Peso (PHP), Indonesian Rupiah (IDR), Macanese Pataca (MOP) or Moldovan Leu (MDL).
Airlines that accept Bitcoin as payment
Many airlines do not accept Bitcoin as a payment method other than credit and debit cards on their global and well-known websites. However, this is not precisely the case.
Some companies call themselves Alternative Flights and Alternative Airlines accept payments in cryptocurrencies and trade with Bitcoin, apart from credit cards. Even if the airline does not accept Bitcoin as payment on its official site, it receives payments through intermediary institutions called alternatively.
Now you can buy your flight tickets on airlines like American Airlines, Alaska Airlines, Delta, Spirit, Allegiant Airlines, Southwest, Frontier, JetBlue, Sun Country Airlines, United Airlines, Hawaiian Airlines, British Airways, EasyJet, Qantas, and Jetstar. So you can purchase with Bitcoins tokens and many more airlines worldwide.
Do Australian Airlines accept Bitcoin as a payment method?
For now, no. However, since Bitcoin has a hard-to-follow method, the flight agencies may accept it over time.
Where can I spend Bitcoin in Australia?
You can spend your digital crypto money through all companies that accept these currencies. Still, as we mentioned, reliability is the most critical factor because it is impossible to trace the digital currency owner. Bitcoin travel looks like it will get used a lot in the future, and in many countries now, you need to accept it in the form of payment.
What can I buy using Bitcoin in Australia?
Many crypto enthusiasts have started their existence in Australia. So it is not surprising that you can use bitcoin to purchase different kinds of goods and services. Some of the things you can spend Bitcoin assets are:
Australia is an excellent destination for tourists from different parts of the world. So, it is natural for Australian hotels to accept Bitcoin as a mode of payment for international tourists because it might prevent them from converting their domestic currencies.
Some Australian clinics are familiar with crypto payments. These institutes include heart clinics and some dental centres.
Fashion, fitness, and entertainment
Australian entertainment and fitness clubs accept BTC for their payment method. Some online fashion stores accept crypto payments with a great smile.
Food and beverages
As everyone knows, many tourists join pubs, restaurants, and cafes in Australia. So they accept bitcoin with no hesitation.
Some Australian charities welcome donations in the form of Bitcoin from BTC owners.
Perth building company Broadwater Builds is rea payments for custom-built homes, and more real estate companies are following suit.
Laurel is an internet agency in Australia. This agency has enabled its customers to make their payments by bitcoin on their Website.
Queensland Solar and Lighting offers its services in Bitcoin.
Who Accepts Bitcoin in Australia?
You can either pay using Bitcoin in physical stores or online stores.
A large eCommerce company named Overstock is among the pioneers in accepting Cryptocurrency. Buy luxury items and fashion pieces with digital currencies or Bitcoin.
A big company that has embraced cryptocurrency payments is Microsoft. It has accepted Bitcoin since 2014 for its online Xbox store.
You can buy gift cards for online stores and retailers on the Egifter website. You can purchase any card using bitcoin, Ethereum, bitcoin cash, Litecoin, and debit and credit card.
Amazon with Purse.io
Amazon does not accept crypto payments, but if you are a shopper from Purse.io, you can purchase from their amazon shop and pay the fees with Bitcoin. In appearance, you order from amazon but pay on purse.io through Bitcoin.
This agency has products like crypto-themed t-shirts, so it is natural only to accept Cryptocurrency as their payment method. They want to communicate with family and friends about digital currencies. Currently, you can only pay using Bit their products. They make trades with Bitcoin and Litecoin.
This platform is similar to eBay and Etsy; it is a buying and selling site allowing you to make transactions using Bitcoin.
Some points to know before using the Bitcoin in daily shopping
Bitcoin is different from what you use every day and what you know so far. You should know a few things before using Bitcoin to use it safely and avoid common mistakes.
Choose your wallet
Choose your wallet from a reliable market like Bitunivex. You can carry your Bitcoin wallet with your phone in your daily life or keep a wallet on your computer for online payments only. In any case, choosing your wallet can be done in a minute if you ask the professional staff of the Bitunivex team.
You can get bitcoin to pay for goods and services or purchase it from a friend or close acquaintance. You can also get it directly from your bank account or through a stock market like Bitunivex.
The number of services and stores that accept Bitcoin is increasing worldwide. You can pay them with Bitcoin and evaluate your experience to make such businesses more recognisable.
How to accept Bitcoin
Bitcoin does not require stores to change their habits. But still, Bitcoin is different from what you know and use every day. Before you start using Bitcoin, here are some things you need to know to use it safely and avoid pitfalls.
You can make your payment transactions and invoices yourself or use merchant services and deposit them in your currency or Bitcoin. Many stores and businesses use their tablets or mobile phones to make payments from their customers’ phones.
Accounting and tax
Stores often display and deposit prices in their currency. In other cases, Bitcoin works similarly to foreign currencies. You should contact a knowledgeable accountant for the most appropriate information about taxes relevant to your government.
How to enter your business into the Bitcoin world?
More and more users are looking for various ways to spend Bitcoins. By adding your company to online directories, you can make it easier for customers to find you online. You can display the Bitcoin sign on your Website or store.
Some retailers who accept bitcoin in Australia
- Luxe Bouquet is the only Australian online Florist that accepts Cryptocurrency. You can spend Bitcoin, Ethereum, and Dogecoin on their purchasing.
- Metropolitan Hotel has been Sydney’s oldest pub since 1834.
- The Cellar By Bouche is a wine bar and restaurant in the financial area of CBD.
- The Old Fitzroy Hotel is a restaurant and bar.
- The SG–Shop is a comfortable bar.
- The Owl House is dining with food, wine, and cocktails.
- Spawn Point Bar is a bar for video gamers; Nintendo, Playstation, and Arcade game consoles are available in this place.
- Since I Left, You is a restaurant bar with food and live music.
- Cellini’s Bar Restaurant has a broad selection of food and beverage.
- Greenhouse Cafe is a cafe that serves coffee, donuts, and snack.
- Lezzet Grill and Pide House is a Turkish cuisine with gourmet pizza which is the best place to spend Bitcoin.
- Monstrosity Dreadlocks (Hairdressers) have awesome dreadlocks in a calm and relaxed atmosphere. T
- Black Star Pastry & Cafe is a famous boutique patisserie.
- Quality Dental is a cosmetic dentistry service.
- Brightscapes is a landscape service.
- Peak Coffee sells coffee to cafes and retail customers and trains coffee-making baristas.
- Tamworth Heart Clinic is a Cardiologist with ten years of experience is a good choice to spend Bitcoin.
- Obsidian Roofing is a roofing company. They provide their customers with metal roofs, tile roofs, gutters, fascias, and downpipes.
- Altius Coffee Brewers is a little coffee shop with a great vibe.
- Vera Chan (Gift Shop) is hand-crafted jewellery, clothes, bags, and unique collections.
- Pulo Pool Parlour is a stylish environment to play in; they offer free WiFi, music, darts, etc.
- Hero Subs Restaurant is a regular baguette sandwich.
- Grumpy’s Green is a lounge and a music bar with burgers and nachos.
- Squirrel Cafe is a coffee shop.
- Bike Factory Outlet is a bicycle shop in Australia that accepts Bitcoin.
- Beaver’s Tail Social Club is a cafe-restaurant with homemade sausage tubes.
- Eclectic is a fashion for handsome men and attractive girls from all over the world. Eclectic sells t-shirts, dresses, pants, skirts, belts, bags, and jewellery.
- Imbiss is a coffee bar with unique snacks.
- The Little Mule designs and builds bicycles.
- Another World Computer Centre is a computer shop.
- Urban Velocity is a bicycle shop.
- UndieGuys is an underwear shop. Underwear from PUMP, Andrew Christian, Calvin Klein, and Timoteo.
- Fernwood Gym Bulleen is a women-only gym.
- Dream Vision Sound is a retailer of drones, cameras, and electronics for hobbyists and professional photographers.
- Giuseppe’s Pizza is a family-run pizza shop loved by all the Mornington locals.
- Pilgrim is an Australian-style coffee shop.
- Fastway Aquarium & Hydroponics is an aquarium and hydroponics equipment retailer.
- Gold Coast Aesthetic Dentistry is a new boutique cosmetic and general dental practice located on the Gold Coast with free teeth whitening for all patients as part of the ongoing dental health maintenance0.
- Bay dental Wynnum is a private dental practice specialising in smile enhancement and replacing missing teeth.
- Lawless Salon is a hairdresser where you can spend Bitcoin.
- Alpha Car Hire is a cheap car hire agency in Australia.
- Budget Shower Screens is a producer of shower screens, sliding wardrobes, and mirrors.
- Image Blinds is a factory; you can visit their showroom.
- Power Supps is a health centre and sporting store; they are a retailer of vitamins and supplements.
- Enigma Interiors is a kitchen designer, manufacturer, and installer.
- Phoenix Rising Cafe is a relaxing coffee. Their Website is www.phoenixrisingcafe.net.
- Town & Country Mattresses & Bed is an Australian-made product.
- Mega Health is a food store. Their Website is www.megahealth.com.au.
- Aiyana Retreat is a stylish luxury accommodation for a honeymoon, anniversary, or romantic getaway.
- Frisk Small Bar is a small bar filled with glorious gin.
- Beyond the Trap Door is a fashion centre for lingerie and accessories.