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8 things you can buy with Bitcoin
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In honor of Bitcoin Pizza Day, here's just some of what you can buy using cryptocurrencies
On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day
equivalent of $670 million — on pizza. The event, which marked the first digital currency transaction ever made for a physical item, is now celebrated annually as Bitcoin Pizza Day.
That, of course, was just the beginning. The world of cryptocurrency has evolved to the point where you can buy anything from movie tickets, plane seats, and even a college education using Bitcoin, Dogecoin, and other digital currencies.
Here’s a list of items you can buy with cryptocurrencies.
Burgers and fries at McDonald’s
In 2021, El Salvador became the first country in the world
to allow Bitcoin as legal tender, meaning that Bitcoin can be used for daily transactions just like its national currency, the U.S. dollar. McDonald’s was among the first fast-food chains to allow Bitcoin payment in its restaurants across the country. Starbucks, Pizza Hut, and other restaurant chains have also started accepting Bitcoin as a form of payment in the Central American country.
Tesla merchandise
Elon Musk is a known cryptocurrency enthusiast and supporter of Bitcoin. In 2021, he allowed his company, Tesla, to accept Bitcoin as a payment method — though he later reversed the decision after receiving criticism because Bitcoin mining is unfriendly to the environment, and Tesla is an electric vehicle that promotes saving energy. That didn’t stop him from
advocating for crypto. Tesla now accepts Dogecoin for the purchase of select merchandise, like Cyberquad for Kids, Giga Texas Belt Buckle, and Cyberwhistle.