The growing list of places that accept Bitcoin payments
Since it was released in 2009, Bitcoin has had a dedicated following of people who believe in the cryptocurrency. However, last year (2017), was the year when Bitcoin and other cryptocurrencies (such as Ethereum and Ripple) really went mainstream. The price of a single Bitcoin went from around $1,000 to almost $20,000, making some skeptics rethink their stance on cryptocurrencies. Since then, the price of Bitcoin has cooled off a bit, but is still hovering around the $8,000-range for one Bitcoin which is crazy to think when originally you could buy a single Bitcoin for a few cents (that’s quite the return on investment).
Nonetheless, the explosion of popularity for Bitcoin has resulted in more and more places starting to accept Bitcoin as a form of payment. What that means is now you can pay for your coffee or new computer using Bitcoin instead of USD. The fine folks over at 16Best have compiled a helpful chart identifying the growing list of places that accept Bitcoin payments, including Nike, Dell, Amazon, Starbucks, Newegg, and many more. It’s already quite an impressive list, but expect it to continue to grow as Bitcoin and other cryptocurrencies become even more mainstream.
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