Earlier this week, we explored the products and services you can actually buy with Bitcoin, everything from technology to dating. Today, we’ll dig deeper into the industries that use crypto.
More and more businesses and industries opt to use crypto on a daily basis, which is inevitable in the world where blockchain and digital money are taking over.
Travel is a popular industry for crypto application. If you have bitcoins to spend, you can now conveniently pay for your flights, hotels, and rental cars in either fiat or crypto. If you’ve been thinking about a getaway and spending some crypto, the time is now!
Not planning to go on a tour? How about buying some real estate? There are real estate agencies that allow you to pay for your property in Bitcoin. Think about making an investment and buying a villa at a reasonable price somewhere far away…
Social media is a universe in itself. A lot of money – also, crypto money – is made there, and if you’ve been thinking about going freelance, social media is a good place to start. There are social media platforms that connect users with certain skills with users looking for people with a particular skill set.
From charities to startups, fundraising has found a new way of making it happen, whether you’re dreaming about helping others or starting an innovative company. With the introduction of crypto, fundraising will never be the same again. It is now easier than ever to raise more funds by adding a crypto donation button to your website. This is how you can get attention of potential crypto investors.
We dedicated an entire article to the universities and colleges around the world that offer courses on blockchain and crypto, as well as accept digital currencies as a payment method. The University of Nicosia in Cyprus is the first accredited university in history to accept Bitcoin for tuition. The students of the University of Cumbria can also pay for two certificate programs and specific PhD fees in Bitcoin.
Gaming must be one of the main industries to widely accept crypto… and it’s a large field to play. Players can transfer their in-game cash into other assets and exchange crypto for fiat in a few clicks.
Crypto comes handy even if you’re looking to buy a luxury car. With Bitcoin, you can buy a Tesla or a Lamborghini. This, by the way, is not a dry fact, but a true story of real customers.
Buying and selling artwork appears to be ideal to use crypto. Blockchain platforms in the art industry allow users to buy and sell luxury goods online.
Retail is a natural choice for blockchain technology. Online retail stores that accept crypto have greatly improved the customer’s shopping experience. Customers that have crypto can pay for their purchases without having to open a PayPal account or enter their credit card numbers.
Fast Food Chains
It’s a popular fact that years ago, two pizzas were bought for 10,000 BTC. Today, fast food restaurants are massively getting their hand on crypto.
Earlier this week, BBC reported that a tech-savvy restaurant that embraced cryptocurrencies was opened in Kenya. Betty’s Place specializes in “nyama choma”, a delicious goat meat barbeque that is a definite favorite amongst Kenyans. Located in the rural town of Nyeri, about 150 km outside the capital, Nairobi, it is one of the few businesses in Africa that allows customers to pay with not one, but two cryptos – Bitcoin and Dash.
Over to You
What about you? Do you use crypto in your everyday life or business? Feel free to share in the comments section below!
See you next week,
The CoinMetro Team