Where can I spend Bitcoin?

Pizza was present when the world first started. At this point in time, you can get a lot more with your bitcoin than pizza, and you can spend it at a broad number of locations, both online and offline. And although there are lists available that are more thorough, we hope that this will bring attention to the variety of choices that are accessible.

Online

Tipping & Charity

Give

Paying it forward is one of the least time-consuming and potentially most rewarding ways to spend your bitcoins. Donate to any one of a variety of important organizations using bitcoin, or use it to leave a tip for the author of an article or blog post with just the click of a button. You can also use bitcoin to buy Reddit Gold, which lets you thank the person who posted your favorite cat pictures.

Receive

Donations to charity causes may be set up using our API.

Typical Items Found in Homes

Overstock.com has you covered with over a million different things for sale, all of which can be purchased with bitcoin.

Gift Cards

Some resourceful individuals have devised a workaround in the meantime, as we wait for retailers such as Amazon and BestBuy to accept bitcoin payments immediately. You may use bitcoin to buy gift cards from sites such as eGifter or Gyft, and then you can redeem those gift cards at prominent merchants such as Amazon, Best Buy, and hundreds of other stores.

Video Games

Several software developers, including Microsoft, have just recently begun selling their games and other applications for bitcoin. This particular Minecraft server, along with many others, is really powering its in-game money with the help of the bitcoin network.

Offline

Food

You may take your bitcoins to any of these Bitcoin restaurants if you download our mobile app for iOS or Android operating systems. You may even visit a coffee shop, such as this one in Prague, which is the first establishment of its kind to take bitcoin.

Travel

You may use Expedia to pay for a hotel and CheapAir to book flights and other travel accommodations. Car dealerships are also getting into the flow of things, and although it is not yet possible to pay for petrol directly with bitcoin, there are devices in the works that will allow this to happen! To not be outdone, Virgin Galactic will launch you into space if you have that much bitcoin in your wallet. And I think that about sums it up! Okay, it doesn't really matter since this is only the tip of the iceberg, and more and more companies are starting to take bitcoin on a daily basis. With the help of this article, you will discover how simple it might be for your company to start accepting bitcoin.

How do I spend bitcoin?

Paying with bitcoin is, in some respects, comparable to sending an email; the main difference is that, rather than sending a message to the recipient's email address, you are sending a monetary amount to the recipient's bitcoin address.

When you pay with bitcoin, you don't have to divulge as much of your personal information as you do when using other payment methods. This is one of the benefits of using bitcoin. However, if you are buying real things, you will be required to provide your name and address. Providing your email address is typically all that is required if it is a digital item. On the other hand, if you are making a contribution, it is possible that you will not be required to supply any information at all.

Rather than requesting a credit card number, the website will provide the information needed to make a bitcoin payment.This information will include at least one of the following options:

• A hypertext link that reads "Sign in to Coinbase"

• A QR Code

• One or more Bitcoin addresses.

At this point in the process, the procedure might be somewhat different for you depending on the kind of bitcoin wallet you're using.

Pay with your Coinbase balance

If the merchant that you are paying uses Coinbase to accept bitcoin payments and you also have a funded Coinbase account, you can finish the checkout process by simply logging in to your Coinbase account and confirming the order. This is only possible if the merchant that you are paying uses Coinbase to accept bitcoin payments. After you look at the order and agree to it, the transaction is complete, and the store will know that you paid.

Pay using QR code

At the point of sale, the vast majority of bitcoin payment processors will also issue a QR code that, when scanned, reveals a bitcoin address as well as the payment amount.

Your smartphone may be used to make payments using a bitcoin wallet app or from the balance in your Coinbase account by using the Coinbase app, which is made easier via QR codes (available for Android or iOS). Simply scan the QR code, and the bitcoin address of the receiver as well as the amount that is being requested will be filled in for you. As soon as you hit the "Send" button on the transaction, the payment is finished.

If you do not have a Coinbase account or if you desire to pay from a different bitcoin wallet, this is a nice alternative for you to consider.

Pay to a Bitcoin address

If you can't scan QR codes or the merchant only gives you a bitcoin address, you can also manually enter this bitcoin address as the recipient of a transaction into the software that manages your bitcoin wallet.

In order to make a payment to a Bitcoin address, you will need to provide your Bitcoin wallet with two pieces of information, namely:

• Bitcoin address of the receiver of the transaction

• The number of bitcoins that will be sent

Both of these will be shown on the payment page throughout the checkout process; however, some merchants may leave the amount up to you in the event of contributions or other payment methods with greater flexibility.

Once you have the address and the amount, all you need to do to send off the transactions is put them into the "send" section in your wallet.

If the retailer is utilizing Coinbase, the checkout page will refresh to show that the money has been received immediately after you submit the payment, and the purchase will be listed as finished after it is confirmed that the funds have been received. Keep in mind that the process can be very different when working with different payment processors or when making payments directly without the help of a processor.

That's all for today, see ya tomorrow! If you want more, be sure to follow our Twitter (@croxroadnews)

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.