Bitcoin and Its Diverse uses.

Welcome to the latest issue of CapitalRollup Digest! Today’s digest is for July 29th and should take about 5:00 minutes to read. We’ll get right to it.

• What does the Market Look like today? (Top 5/10 popular Cryptocurrencies)

Price Market Update

Bitcoin and its diverse uses.

Since its inception a decade ago, Bitcoin has grown into a popular store of value as well as evolved to improve its transaction processing capabilities. Businesses both online and in-person now accept Bitcoin (BTC) as a method of payment.

Although BTC fees are higher than other cryptocurrencies, its security makes it a useful currency for larger transactions. Over the course of Bitcoin’s existence, the community often considered the cryptocurrency to be a viable alternative to the centralized payment systems in use today. Unlike gold or stocks, BTC is primarily used as a long-term investment.

You can acquire several things/services with Bitcoin.

The following online stores accept Bitcoin

• Overstock — a prominent online retailer that accepts and supports Bitcoin payments.
• Home Depot — the largest U.S. home improvement chain.
• Newegg — is an electronic retailer that accepts Bitcoin payments.
• Shopify — an e-commerce platform similar to Etsy and eBay that allows users to create their own online stores.
• Microsoft — one of the biggest companies in the world — allows users to add Bitcoin to their accounts.

While most major online retailers do not accept Bitcoin for payments, there is a way to buy products using digital currency: Gift cards can be used to purchase Bitcoin products.

Bitcoin-related transactions often involve purchasing gift cards. The easiest way to purchase products from global and local businesses with cryptocurrency is through gift cards both offline and online.

Service providers that accept Bitcoin

There are no specific markets where Bitcoin is universally accepted as a payment option; instead, there are businesses in various sectors looking to expand their client bases by offering digital currencies:

• AT&T — a cellular service provider.
• Twitch — a live streaming platform.
• Dish Network — is an American direct-broadcast satellite service provider.
• ExpressVPN — a high-speed, secure VPN network.
• NordVPN — a no-log VPN provider from Malta.
• ProtonMail — an end-to-end encrypted email provider.
• Vultr — a web hosting company.
• WordPress — an open-source content management system that allows users to create websites and blogs.
• Reddit — you can buy premium features with Bitcoin.
• Namecheap — web hosting and domain name provider.
• Bloomberg, Chicago Sun-Times — use Bitcoin to subscribe to an online news outlet.

Buying video games with Bitcoin

Video games are becoming digital possessions, much like digital currencies themselves, so it is only natural that more and more leading game-selling platforms accept Bitcoin. Video games were once purchased in physical stores, but these days most gamers shop online.

• Xbox — use Bitcoin to pay for games, add-ons, and Xbox Live subscriptions.
• Humble Bundle — a digital store that contributes a portion of its proceeds to charities.
• Big Fish Games — a casual gaming company based in Seattle, Washington.

Travel companies that accept Bitcoin

Most travel-related services offer very similar tools. Offering alternative ways of payment is a great way to attract new customers. Some services where you can book your dream holiday with Bitcoin include:

• Expedia — one of the world’s largest online travel booking agencies currently accepts BTC for hotel bookings and is planning to introduce it as a payment option for flights, activities, and more
• AirBaltic — the first airline ever to accept Bitcoin payment for a variety of flights.
• Virgin Galactic — the world’s first commercial spaceline, owned by billionaire business magnate Richard Branson, accepts Bitcoin.

Non-Profit organizations that accept Bitcoin

• Wikimedia Foundation — a nonprofit organization dedicated to encouraging the growth, development, and distribution of free, multilingual educational content.
• Wikileaks — is an international nonprofit organization that publishes secret information, news leaks, and classified media provided by anonymous sources.
• The Giving Block — a platform that makes it easy for non-profit organizations and donors to accept and give cryptocurrency donations, respectively.

The process of donating money to charity often incurs huge fees, and some people prefer to remain anonymous for various reasons. Bitcoin is a way to avoid both of those problems.

Restaurants and supermarkets that accept Bitcoin

• Subway — you can buy sandwiches with Bitcoin in various locations all over the world.
• Burger King — a large multinational fast food restaurant chain that sells burgers, fries, and more.
• Whole Foods — a supermarket chain that sells organic groceries.

Taxis

Bitcoin is accepted by several taxi dispatch and airport transportation services around the world.

Education

• Treehouse — an interactive education specialist accepting Bitcoin for a variety of courses.
• Curtin University — a large university in Australia with courses covering architecture, business, engineering, information technology, and more.
• The King’s College — is a Christian liberal arts college based in New York City.
• European School of Management and Technology (ESMT) — is a German university with many international students.

A private school in Cyprus began offering a Master’s in Blockchain and Digital Currency program in 2013, and you can pay tuition in Bitcoin.

Bitcoin store aggregators

• useBitcoins — a platform with over 5,000 listed businesses that accept BTC.
• Coinmap — a map of businesses worldwide accepting Bitcoin.
• Spendabit — a search engine capable of finding specific goods available to buy with Bitcoin.

Luxurious ways to spend Bitcoin

• BitCars — an online marketplace that sells cars using Bitcoin.
• AutoCoinCars — an online marketplace that sells cars and lists their prices in BTC, among other crypto and fiat currencies.
• Bithome — an online, Switzerland-based real estate marketplace where you can buy and sell real estate with Bitcoin.
• Prestige Cars Kent — a dealership that allows customers to purchase cars with Bitcoin.
• Prestige Time — a store that allows you to purchase luxury watches with Bitcoin.
• Denison Yacht Sales — is a company that allows you to purchase Yachts with Bitcoin.

In recent years, many businesses have accepted cryptocurrency, making it easier for customers to buy things or pay for services.

•Trivia 🤔

Where do you think Bitcoin headquarters is located?

A. In the City of London.

B. There is no Bitcoin headquarters

C. In Beijing, China.

D. Bitcoin HQ

Find the answer in the next issue of CapitalRollup Digest. 😉

The answer to the last trivia was B.) Business logic layer

Crypto Word Of the Day!

💡 Ticker symbol

Each digital currency has its own ticker, a shorthand symbol that is used to identify and distinguish it from other digital currencies.

The term used in a sentence:
— The ticker symbol for Ethereum ETH.

Community Update 📢

We organized a Twitter Space session with 3 industry leaders where we discussed “Share your Bear Market experience & CeDeFi implosions”, you can listen to it right here

•What We Are Reading Today 📰

10 Awesome Uses of Cryptocurrency. Read more

Uses of Bitcoin Read more

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