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The first cryptocurrency was Bitcoin, which was founded in 2009 and remains the best known today. Much of the interest in cryptocurrencies is to trade for profit, with speculators at times driving prices skyward. Where can you use bitcoins In a move that could possibly pave the way for widespread legitimization of the cryptocurrency, Starbucks is partnering with iPayYou to provide users of the Starbucks application an easy way to pay with Bitcoin.

Who uses bitcoin

Lawmakers voted unanimously to adopt Bitcoin as legal tender, said a statement from the CAR presidency. Grow your Business with Speed Bitcoin Payment Processor Whether you’re traveling to space or just to the next town, there are plenty of opportunities to use your Bitcoin.

What can you do with Bitcoin?

Key example: Microsoft customers who own Bitcoin can use it to add money to their Microsoft accounts. The redeemed Bitcoins can be used to buy movies, games and apps on the Windows and Xbox stores. However, it is not possible to use Bitcoins to make purchases from the Microsoft online store. Most Popular Opinion Thousands of merchants around the world accept BTC via their own BTC wallets or through various payment processors. Services such as Coinmap.org help connect users with merchants by providing a directory of BTC-friendly merchants. Be sure to check with the store whether BTC is accepted, as some listings may not be up to date.

Shop with crypto

Bitcoin is becoming a more popular payment option thanks to companies that embrace its use and consumers who push for its adoption. It’s not just the large publicly-traded companies that accept cryptocurrency; about 2,300 small businesses in the U.S. accepted Bitcoin as of December 2020, according to Fundera. And 57% of Americans want brands to start accepting cryptocurrencies more broadly as payment, according to a Piplsay survey conducted in February of more than 30,000 adults. Check your Diamonds stash Enter the dollar amount you want to trade for BTC and click “Buy”.