Bitcoin’s Journey From Pizza To Real Estate And Beyond

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Bitcoin’s Journey From Pizza To Real Estate And Beyond

From its obscure beginnings as a means of payment for pizza between two (presumably now very rich) computer geeks, through its shady early days as a tool for dark web drug users and dealers, and beyond, Bitcoin has come a long way in its near decade of existence. Today, you can buy all sorts of stuff with the world’s most famous cryptocurrency.

Real estate

There are many examples already of people selling houses for Bitcoin. For those wishing to seriously splash their cash, the Kalinka Group in Moscow were selling a bona fide mansion out in the suburbs of the Russian capital. Meanwhile, all the way at the other end of the spectrum is Sean Atkinson of Grimsby, UK. This enterprising soul saw a gap in the market for budget homes for Bitcoin. He offered to sell his terraced home of 25 years for Bitcoin last October. The asking price was 18 Bitcoin, or £85,000. We’re unsure if he managed to find a buyer but, today, he’d be sitting pretty if he did!

Since more people are wanting to sell their properties for Bitcoin, some real estate agents have started to help clients facilitate the transaction. Canter Companies from LA are one such company willing to embrace the revolutionary currency as a means of payment.

Travel

Bitcoin can be used to buy all kinds of things to help you jet off to somewhere exotic. Flights from companies such as CheapAir.com, Destinia.com, and AirBaltic can all be paid for using Bitcoin. You can even travel to somewhere out of this world – literally. Virgin Galactic are planning to launch their first space flights for everyday folks like you and me. Being a long-time fan of Bitcoin as a revolutionary innovation, their founder, Sir Richard Branson, has declared that he’ll accept Bitcoin on the flights.

When you arrive in a foreign land, you needn’t head to the bureau de change right before you check in somewhere either. Thanks to services like 9flats.com or Expedia, you can pay for your stay quickly and easily using Bitcoin.

Entertainment

It is quite clear that places like online casinos should have become the early adopters of Bitcoin. It’s ideal because gamblers are attracted to the almost instant, pseudonymous system of value transfer without revealing their identities. Sports betting, online poker, slots, are all accessible to players willing to pay with Bitcoin.

Bitcoin is also finding a niche within some of the venues for adult entertainment. Just a little while ago strip clubs in Las Vegas announced their support for cryptocurrency. Punters and workers alike opt for Bitcoin as it works under conditions of anonymity. After all, what goes on in Vegas stays in Vegas.

Just about anything!

To be honest, it would probably be easier to create a list of what you can’t buy with Bitcoin these days. Services like eGifter and GiftOff allow their members to buy gift cards for all manner of different companies using various digital currencies. Amongst the lengthy selection of massive global companies offering gift cards are iTunes, eBay, Amazon, Starbucks, TicketMaster, and Primark. Such services really have made it incredibly easy to live entirely off Bitcoin. You can even get your weekly grocery shopping done in the UK’s Tesco with one of the cards.