Bitcoin is a currency, bitcoin is a commodity, bitcoin is a sham, bitcoin is the future, bitcoin is a conspiracy theory. Bitcoin should be upper-case, bitcoin should be lower-case.
Bitcoin isn’t as good as Ethereum, bitcoin cash is a better bet than bitcoin. Bitcoin was just lucky, blockchain is the important thing. Bitcoin is the blockchain, blockchain is lower-case for non-bitcoin. I could go on and on and on and on…
All of the above may be true, but where can you actually spend it if you have some? This comprehensive infographic from the clever image wizards at 16Best and I quote…
“Everybody will remember 2017 as the year when cryptocurrencies skyrocketed in value, especially bitcoin. While bitcoin had been slowly rising since its creation, 2017 was the year when its value went from around $1.000 to almost $20.000, making some of the naysayers rethink their stance on cryptocurrencies.
“Even though cryptocurrencies faced a lot of backlash in their early years, today almost everyone is on the bitcoin bandwagon. Of course, some countries are still resisting, but the vast majority have embraced it. In a relatively short time, bitcoin went from being an obscure currency on the internet to a payment method of the future used by big-name brands in hundreds of countries.
“Now companies such Shopify, Subway and Tesla have fully accepted bitcoin payments, and you can pay for any of their products or services with them.
However, even if a company doesn’t support bitcoin, there are some creative ways to buy their best products with it. For example, Gyft.com will help you buy Nike shoes with Bitcoin, while Expedia has embraced this cryptocurrency altogether.
“If you are interested in learning what other companies are accepting Bitcoin, then this infographic is tailor-made for you. Just scroll down and prepare to be amazed at how many of them are there.”
Monty Munford has more than 15 years' experience in mobile, digital media, web and journalism. He is the founder of Mob76, a company that helps tech companies raise money and exit. He speaks regularly at global media events with a focus on Africa, writes a weekly column for The Telegraph, is a regular contributor to The Economist, Wired, Mashable and speaks regularly on the BBC World Service.
