• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Where You Can Spend Your Bitcoin in 2020
Nexo

Where You Can Spend Your Bitcoin in 2020

Ricardo Martinez by Ricardo Martinez
2 years ago
in Bitcoin, News, News teaser
0
Advertisement

Bitcoin catches a lot of flack because of its low transaction throughput and at times, higher fees and wild volatility. These can make it impractical to use for small purchases like coffee. However, let’s take a look at where you can actually use Bitcoin to buy stuff in the real world in 2020.


Even though Bitcoin may not be the most convenient cryptocurrency to use for smaller consumer purchases, due to its 10 minute confirmation times, varying transaction fees, and slower throughput, more places are accepting it as payment.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Things are changing though. Segwit has wrangled in fees to an extent, the lightning network is seeing more integration and development, and a possible soft fork to add schnorr signatures and taproot is in the works too. These advances are making Bitcoin more usable and less clunky.

Who Accepts Bitcoin in 2020?

Spendmenot.com has released a comprehensive report based on data from Paxful and Paybis. In the report they cover a wide variety of industries which have multiple options to spend your BTC.

bitcoin btc chart 2020

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!
  • Bling – (Jewelry, watches, luxury items) Stores like Ancora1919, Websites like Etsy, Domoshop, and Real Watches, offer you tons of options to show off your Bitcoin wealth.
  • Services – (payments, telecom, intermediaries) Places like AT&T, Dish, and Bitrefill can keep you connected, Purse can get you discounts on Amazon, Gyft can get you gift cards.
  • Food & Drink – Places like Crypto Coffee, Burger King, Dominoes, and Subway for the fast food fix, Wholesale roots for organic herbs and spices, Whiskey.De for your top-shelf spirits.
  • Banking Services – (Banking & Bill Payments) Yes, unbelievable, but not all banks hate BTC. Fidor, Goldman-Sachs, Royal Bank of Canada accept Bitcoiners. Startups like Bylls and Living Room of Satoshi allow you to pay bills in BTC.
  • Online stores – There is a huge variety of stores to spend BTC online. Overstock, Shopify, Cryptoshopper, Bitplaza, Bitshopping, etc. You can find almost any item.
  • Travel – Yes, nowadays you can even catch a flight with BTC. CheapAir, Bitcoin.Travel, Cryptocribs, Travelbybit, and a variety of others all let you plan your next trip with Bitcoin.
  • Automobiles – If you mined enough Bitcoin in 2009, you can buy a Lambo from Lamborghini of Newport Beach, or a new BMW, or even get that classic muscle car at Classic Creations.
  • Charitable Donations – There is a wide variety of Charities which accept BTC like Code to Inspire, WikiLeaks, United Way, Save the Children. Or, you can also donate to your favorite open source project, like Tor.
  • Movies & Cinema – Catch the latest film at theater chains like AMC, CineMulti, and Major Cineplex.
  • Online marketing, Software/Hardware, Hosting/VPN – There is a host of different options for all your tech related needs.
  • Online gambling – The online gambling industry has been one of the few industries with an actual need for pseudo-anonymity and censorship-resistant payments. Crypto use has exploded for this industry.

Where do you like to spend your Bitcoin? Let us know in the comments!


Images via Shutterstock, infographic by Spendmenot

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Ricardo Martinez

Ricardo Martinez

Related Posts

bitcoin miners

Head To Head: Bitcoin Miner Revenues Surpass Ethereum But There’s More

5 hours ago
Warba Bank

Warba Bank Becomes 1st Islamic Lender To Enter The Metaverse

15 hours ago
Sango, President Faustin-Archange Touadéra

The Central African Republic Unveils Sango Project, Disappoints The World

20 hours ago
Bitcoin

Bitcoin Legalization Pushed By Mexican Senator, Despite Central Bank’s Opposition

2 days ago
Oslo Freedom Forum, Lyn Alden screenshot

3 Lessons From The Oslo Freedom Forum: BTC Is Different – Neigut, Alden, Feinstein

2 days ago
Bitcoin

Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?

2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.