We are in the midst of the IT revolution and the Internet, which has a significant impact on our life. We are slowly moving towards dealing with all our matters, whether educational, economic or social, over the internet. On January 3, 2009 a new currency appeared to the world, not known by mankind before and this currency is Bitcoin.
Bitcoin is a virtual currency designed by an unknown person known as Satoshi Nakamoto, used for online financial transactions and through which the sales and purchases are made directly without any intermediary.
In other words, Bitcoin is a digital currency that is similar to other currencies such as the dollar or the euro, but the main difference is that this currency is an electronic currency traded on the Internet and global exchanges. It can be used as any other currency to buy online or even converted to the traditional currencies through institutions and websites where it can be purchased and sold.
Major companies that accept Bitcoin
These are examples of some of the major companies that accept Bitcoin. The list is much longer and still many more are continuously accepting trading in Bitcoin.
|Microsoft is a leading company in PC software and computing. It is dealing in Bitcoin since 2014.|
|Lamborghini is an Italian brand and manufacturer of luxury supercars, sports cars and SUVs. You can now buy these marvellous cars using Bitcoin.|
|PayPal is a company operating a worldwide online payments system that supports online money transfers.|
|Overstock.com is an American internet retailer which ships worldwide. It is the first major retailer to join the Bitcoin market.|
|Tesla is the leading manufacturer of electrical cars in the world.|
|SUBWAY is known for its healthy sandwiches worldwide and now you can buy a subway with Bitcoin.|
|Expedia is a travel booking website that can be used to book airline tickets, hotel reservations, car rentals, cruises and vacation packages.|
|Intuit is a business and financial software company that develops and sells financial, accounting and tax preparation software.|
|Dish Network is an American-based direct-broadcast satellite service provider.|
|Shop for any item by Amazon and save 5%; or purchase goods from Purse Merchants on Purse using Bitcoin.|
|Newegg Inc. is an online retailer of items including computer hardware and consumer electronics.|
Gift cards are a useful option for those holding cryptocurrency; the cards can be used as needed to purchase goods at more than 200 retailers.
|The popular eCommerce retailer is “seriously considering” accepting bitcoin payments and may join in soon.|