Bitcoin – it’s taken over the world.
Nowadays, nearly everyone knows about Bitcoin. If you open up Twitter or browse YouTube comments, you’ll no doubt see Bitcoin being discussed passionately by its advocates. And although it’s been around for over a decade, some people are still unsure as to what Bitcoin is and how it actually works.
What is Bitcoin?
Bitcoin is a type of virtual currency. It is completely 100% digital. Basically, it’s the online version of cash.
For anyone who has bitcoin, they can store it in their digital wallets, send it to friends and other people, save it, or spend it – whichever they prefer.
So, if you’re thinking about investing in Bitcoin – or already have some at your disposal – here are 6 fun things that you can do with it!
- Play Online Casino Games
Over the years, you’ve probably heard all about casinos – especially in Las Vegas.
Casinos are super popular, both with everyday people and celebrities. This is why – no matter which casino you go to – you’ll see that it’s packed out inside.
Luckily, if you don’t want to go through the effort of visiting a physical casino, you can play the best bitcoin casinos. This way, you can experience the action of poker, slots, and various other games while using bitcoin as your currency.
- Buy a Car
As crazy as it sounds, you can now buy a car with Bitcoin. Of course, this is entirely dependent on the dealer and their policies, but hundreds of thousands of people around the world now own a car that they purchased using Bitcoin.
In fact, Elon Musk, the Tesla CEO, has stated that Tesla is “most likely” going to start accepting Bitcoin as a payment method in the near future.
When you think about it, it seems highly probable that the future of cars is going to be electric and bitcoin-orientated.
- Save Up and Treat It as an Investment
If you’re a smart individual who likes to treat cryptocurrency strategically, then it’s a good idea to save up your Bitcoin and treat it as a long-term investment.
The reason for this is that it’s highly possible that Bitcoin will continue to increase in value moving into the future. Unlike normal money, cryptocurrencies have a limited supply (that’s capped by mathematical algorithms), which means governments cannot dilute their value via inflation. In simple terms, this means you save your Bitcoin with peace of mind that it’s unlikely for the value to the tank.
- Travel the World
Many online travel agencies are now accepting Bitcoin as a payment method, meaning you can explore the likes of Asia and Europe with your Bitcoin.
Now that the world is slowly returning to normal and travel restrictions are being thrown out the window, this is certainly a fun idea to consider.
- Watch Netflix
Everyone loves Netflix, right? Well, you can now watch Netflix in exchange for Bitcoin. In fact, with a Netflix gift card from Biterefill, you can pay for Netflix with Bitcoin, Dogecoin, and even Litecoin. So, what are you waiting for?