Remember when some guy bought 2 Papa John’s pizzas for 10,000 bitcoins? It’s pretty safe to assume that that guy probably made one of the biggest mistakes of his life… unless he really likes pizza. We can’t blame him though. Who would have thought that bitcoin’s price was going to skyrocket to the heights that it did? Now, it’s sitting steadily in the $5,000 range (at the time of writing – April 2019) and the coin has had a lot of time to grow up since its creation 10 years ago.
Nowadays, it’s so much easier to buy bitcoin and make money with bitcoin. There’s also so much more variety when it comes to what you can spend your bitcoins on. More and more businesses are starting to accept bitcoin and as a bitcoin enthusiast, it’s quite a lovely site. So where have these businesses expanded to? What exactly can you buy with your bitcoins? Do you have a couple of days? It’d probably take that long to tell you all the businesses that accept bitcoin. Instead, we’re going to go over some ridiculous things and some of the more practical things you can buy with bitcoin.
There are some pretty ridiculous things you can buy with bitcoin. They’re meant to be taken whimsically and with fun in mind. Here are some of these things:
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A ticket to outer space
Have you have dreamed of visiting the great beyond? Look no further, billionaire entrepreneur Richard Branson has created a commercial space venture called Virgin Galactic. For $250,000 worth of bitcoin, you can finally get your ticket to space. To infinity and beyond?
Ancient wooly mammoth tusks
Believe it or not, at one point, there was someone in Vancouver selling (what he claimed to be) real wooly mammoth tusks for around $175,000 worth of bitcoin. Both tusks are curved and grooved weighing in at around 10 pounds each. They’re perfect for history nerds or just as a wall piece for your mansion.
A two-person submarine
There’s a particular item you can purchase if you’re keen on exploring the ocean or if you’re particularly into water vehicles. Named the “Seabreacher”, this shark-shaped two-person submarine could be yours for $80,000-$100,000 worth of bitcoin. It has a 260 horsepower engine and can dive straight underwater. It’s capable of going around 20-25 mph if you’re underwater and it can go even faster (50+ mph) if you’re on the surface. It sounds like the perfect summertime activity for you and your friends.
Let’s be real
Chances are, not many people are going to be too attracted to the idea of buying such extravagant things. For people who are more interested in realistic and more practical things, here are a few of them:
Some local governments will actually allow you to pay your taxes with bitcoin. For example, the state of Ohio is the first state to allow something like this. Not only the that but the filing process is also simple. First, people will need to register their business with the Office of the Ohio Treasurer. People can do right that through a dedicated portal called OhioCrypto.com. The next step is to enter their tax details (this includes a payment amount and tax period). Finally, you’ll need to send bitcoins using a “compatible” cryptocurrency wallet. According to the same Coindesk article, “compatible wallets include the Bitcore Core client, Mycelium and breadwallet, and others that are compatible with the Bitcoin Payment Protocol”.
Since the whole bitcoin pizza fiasco, more and more restaurants have been getting into the idea of accepting bitcoin for their food. People have even literally taken that idea and started a pizza company called PizzaForCoins. They’ll deliver pizza straight to your house for some bitcoin. If you aren’t in the mood for pizza, there are websites like Coin Map that can help you find restaurants near you that accept bitcoin.
Home furniture, electronics, apparel, and much more
There is a website called Overstock that will help you find your home essentials such as a new camera, laptop, vacuum cleaners, new mattresses, or even a new suit that you need for a wedding. I guess you can think of them as the Target or Costco of the internet and bitcoin. Browse through the website and I’ll guarantee you’ll end up buying something you don’t need.
If you’re looking to give some extra bitcoins to a foundation of your choosing, some foundations will actually accept bitcoin. You can even set up your own charitable donations and accept bitcoin as a payment method. There are several charities that accept bitcoin and they’re all for different helpful causes.
Mass adoption on the horizon?
With all the businesses starting to accept bitcoin, I can’t help but think that bitcoin seems to be going into the direction of mass adoption. As a bitcoin enthusiast, I can only hope for such a thing. Imagine being able to buy almost anything with your bitcoins. That’s the dream, right?