Home Bitcoin Where can you actually spend Bitcoin?

Where can you actually spend Bitcoin?

Despite the huge popularity of Bitcoin among speculators, its usability as a currency remains limited. Transaction fees are high, processing times can be lengthy and price fluctuations pose problems for both sellers and buyers.

Buyers don’t want to hold the cryptocurrency ahead of a purchase when it could fall in value dramatically, or spend currency that could appreciate significantly in value. Sellers don’t want to accept currency that could fall in value once they’ve received it.

A new “Lightning network” that would sit on top of the existing Bitcoin network has been proposed to solve transaction problems, but it remains the case that most people who buy Bitcoin see it as an investment and do not intend to use it as a currency.

But for those who are determined to spend Bitcoin, where exactly is it possible to do so?

A number of retailers and service providers will let you pay with the digital…

This article was curated from Google News. You can read the original article here.


Please enter your comment!
Please enter your name here