Now that you know what are cryptocurrencies and
how you can acquire them, you probably would like to know how you could make
use of them!
GEOGRAPHICALLY
The legal status of cryptocurrencies is different
from country to country, and still undefined in others. Some countries allowed the use of cryptocurrencies whereas others restricted it or completely banned it.
USES OF CRYPTOCURRENCIES
The increasing adoption of crypto currencies all
around the world has made it a very useful and practical currency. Here is
a list of
all cryptocurrencies available on the market.
BUYING PHYSICAL GOODS
Many world-leading companies are now accepting
cryptocurrencies as a means of payment.
Dell - Microsoft - Showroomprive.com -
Monoprix - Subway and many others.
GIFT CARD BUSINESSES
The majority of gift card businesses now accept
payments in cryptocurrencies. These gift cards give you access to stores such
as Nike, Sephora, Gap and many others.
MAKING A DONATION
Multiple NGOs and causes now accept cryptocurrencies (bitcoins or other) as a donation. Here are some examples of NGOs
that accept donations in crypto currencies: The Sri Lanka Campaign for Peace
and Justice and the Free Knowledge Institute.
TRAVEL (FLIGHTS AND HOTELS)
It is now possible to pay the trip of your dreams
with cryptocurrencies. An increasing number of airlines and online hotel
booking websites and hotel chains are now accepting crypto currencies.
Air Baltic – Air Lithuania – CheapAir.com –
Expedia.com – Holiday Inn.
EDUCATION
The University of Nicosia – Cyprus, is the first
recognized university in the world to accept payments of tuition fees in
bitcoins!
CONCLUSION
Not only is the adoption of cryptocurrencies constantly increasing, but
also more people are recognizing its advantages and differentiating
characteristics and this is what might make it the currency of the
future…
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