Where can I use my bitcoins? This is a recurring question.
Cryptocurrency was initially difficult to use for everyday purchases, but fortunately things are changing.
The first purchase in cryptocurrency was made in 2010 to buy two pizzas, which at the time were worth 10,000 Bitcoins and today would be worth 82 million dollars!
These numbers show the great increase in value that Bitcoin has had in these years, years in which it was difficult to find businesses that accept this method of payment.
The top 5 companies that accept Bitcoin include:
it was the first to accept Bitcoin in 2014, announcing shortly after that it would set aside between 5% and 10% of its bitcoins as an investment. If this is still true, now they should have earned a pretty good sum.
DISH Network :
The TV provider announced in 2014 that it would start accepting bitcoins as payment for its content services. Bernie Han, who was then DISH’s COO, said, “The platform is now accepting bitcoins because we are listening to customers and providing them with the choice and convenience they want”.
immediately embraced the digital currency mission. Microsoft users could already use Bitcoin to buy content from Windows and Xbox stores.
Microsoft also launched Azure Blockchain, a service platform that allowed large companies to use a blockchain to facilitate the settlement of financial data. More recently, Microsoft announced that it was adapting Excel 2017 so that users can calculate, format and analyse bitcoins on the platform.
famous accounting giant, in 2014 Intuit announced the implementation of payments in Bitcoin.
This service has allowed the next day’s settlement in customers’ bank accounts, thus eliminating much of bitcoin’s inherent volatility and providing an attractive business opportunity for cross-border customers who would otherwise have encountered the usual obstacles and delays.
it started accepting bitcoin as a payment through its integration with Braintree, even if only as an intermediary.
On the other hand, another giant such as Amazon has never shown its willingness to accept digital currencies, yet over the years it has acquired several domains related to crypto such as: amazonbitcoin.com amazonethereum.com, amazoncryptocurrency.com and amazoncryptocurrencies.com.
Starbucks, instead, announced at a press conference its readiness to consider incorporating blockchain technology and digital currencies into its long-term payment strategies in the hope of expanding its relationships with digital customers.
Even Expedia, one of the largest online travel booking agencies allows users to pay in digital currency, currently only hotels though.
On Wall Street, Goldman Sachs is succumbing to pressure from cryptocurrency enthusiasts.
The banking giant is pursuing a plan to establish what appears to be the first bitcoin trading operation on Wall Street.
According to the New York Times, it won’t initially buy and sell real digital currency, but a team from the bank is working on how to obtain the necessary regulatory approvals by assessing the risks associated with holding virtual currency.
The project would represent a huge step towards the legitimisation of cryptocurrencies.