Can Bitcoin be used to buy Stuff?
Bitcoin is cool but can you buy things with it?
You may have wondered how you could use bitcoin in the real world and if this is even possible. How would you buy things like a coffee or mobile credit with bitcoin? There have been plenty of articles and guides produced to shed some light on the matter but there can never be enough. So here are some tips for you. It would be a pity if you would not make use of your bitcoin as a means of payment.
To start off, you should know that bitcoin is best use for payments via the lightning network. You will save a ton of money in fees and transactions are much faster than on-chain transactions which have to be confirmed on the blockchain.
So how do you get started? First you need a wallet. Try out wallet of satoshi, muun.com or bluewallet because those wallets are super easy for beginners. Just bear in mind to not leave your entire networth on a lightning wallet. Lightning is designed for pocket money and small transactions below 1 MM Satoshis ($500).
Once you got your lightning wallet setup, you can fund it with a one time bitcoin deposit. After your bitcoin transaction is confirmed you can start using lightning – yay.
Now to the fun part. Where can you spend lightning?
Here are some ideas for you.
Here you can buy cool merch, shirts and bitcoin hardware wallets
Here you find a never ending list of places to spend lightning satoshis
Here you can convert satoshis into a varity of voucher and credit balances
Here you find merchants around the world
An index site with many links to check out!
I hope this article was helpful and that you can learn about bitcoin usage. Please share the article with your friends if you think they could be interested.
Enjoy and stack sats.