Cryptocurrency might be a virtual platform but it has proven a real gold mine for a few traders. The only problem is: Where to spend that gold?
You hear a lot of talk in the popular press about how much Bitcoin is worth, how cryptocurrencies are changing the world, and how blockchain technology could underpin everything we do in the future.
But one thing you rarely hear about is what you can actually spend your cryptocurrency on in the marketplace.
And that would seem to be a little strange for a currency that is supposed to reshape how we do everything from paying bills to buying groceries.
This is probably because the process is not as easy as many would like – and probably not as common as some of us would hope.
Still, there are a bevy of online retailers and services that will let you buy goods, transfer your cryptocurrency to a fiat currency debit card, or even buy bullion. That’s not all, though, as some airlines and travel reservation websites are starting to accept cryptocurrency payments. Heck, you might even be able to get daily necessities from local stores that accept cryptocurrency payments once you find them using one of many online directories.
In this article we will share some of the best sites we have found on the Internet as well as some other avenues where you can spend your cryptocurrency – specifically, Bitcoin and Ethereum.
Before that, however, we will talk about how Bitcoin and Ethereum work as a medium of transfer. They’re basically the same in function, with a few small differences, but they’re wildly different in value and prevalence in the marketplace.
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