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What to do with your bitcoins

WHAT TO DO WITH YOUR BITCOINS

If you somehow managed to grab a big amount of Bitcoins or you plan on earning/buying Bitcoins, we'll try to suggest how to use them. You'll be amazed about the variety of objects and services that you can buy with a digital currency.

Even if there are many people who question the usefulness of this digital currency, Bitcoin is not just an interesting virtual "toy", but it has a great demand and thousands of companies realized this and started to accept Bitcoin as a real payment method.

You can now use your Bitcoins to buy:

1. Financial contracts, stocks, equities, options, futures, Forex and more.

2. Internet and mobile services, such as VPN services, ISP (currently only in some parts of Canada and the UK), web hosting, web design, domain and DNS hosting, email services, VoIP/SMS etc.

3. Most types of online services: cloud services, software, games, music, books, magazines. You can even gamble your Bitcoins on a wide range of sports, casino, dice and poker sites.

4. Material products, such as cars (yes, you can even buy your favorite BMW with Bitcoins!), boats, consumer electronics (phones, laptops, tablets, desktops, cameras, audio systems etc.), food, jewelry, toys, clothes, accessories, electronics, consumables, health and fitness products, medication etc.

5. Professional services, such as dental services, creative services (e.g. web design), legal services, counseling, insurance, repair services, architecture and engineering services, software services, technical support, information services, financial services, advertising etc.

6. Travel: transportation tickets for taxi, van, stretch limo, bus, special events; restaurants and cafes, hotels, houses and apartments, travel companies, sports, tour guides etc.

These are just a few examples of the things you can do with your Bitcoins, and from any perspective it's clear that it's not so much time left until you are able to use the Bitcoin digital currency exactly like you use any other real currency. If a couple of years ago, you would have been happy to find a website with gift cards and t-shirts that accepted Bitcoins as a payment, now you can buy a car, get a house, travel and even pay for health services.

We are not sure what the developers of this digital currency had in mind when they came with this idea, but there's no doubt that Bitcoin has managed to surpass any kind of central authority or bank limitation and prove its power. Step-by-step, the Bitcoin currency creates more and more possibilities to the people and make them believe that it will probably become the worldwide future currency.

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You may also want to read the following:

Getting started with Bitcoin
Bitcoin - the first digital currency
Bitcoins and online gambling


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