Where can you spend Bitcoin in 2020?

Due to high transaction fees, large price fluctuations, low throughput, and 10 minutes confirmation time, Bitcoin may not be suitable for small consumption payments, such as coffee. However, more and more merchants are now accepting Bitcoin as a payment method.


(Source: Pixabay )

This is thanks to Segregated Witness and Lightning Network. The former strives to solve the cost problem to a certain extent, while the latter is continuously integrated and developed. The digital signature algorithm (Schnorr) and taproot soft fork upgrade proposal are trying to solve the scalability of Bitcoin transactions.

Now, let's see where in the real world you can buy things with Bitcoin in 2020.


(Source: Spendmenot)

Who will accept Bitcoin in 2020?

According to Paxful and Paybis data, Spendmenot.com released a comprehensive report covering various industries supporting Bitcoin payments.

Fashion Wear (Jewelry, Watches, Luxury Goods ) -Ancora1919 Store; Etsy, Domoshop and Real Watches

Services (Payment, Telecom, Intermediary) -Telecom operators AT & T, Dish, and Bitrefilll, which provides Bitcoin top-up mobile phone charges; Purse, which offers Amazon shopping discounts; Gyft, a gift card provider.

Catering- Fast food restaurants such as Crypto Coffee, Burger King, Subway, and Domino's Pizza; Roots, a wholesaler of organic herbs and spices; and Whiskey.De, a top spirits merchant.

Banking services (banking and bill payment) -Not all banks hate bitcoin. Germany's Fidor Bank, Goldman Sachs, and Royal Bank of Canada accept bitcoin. In addition, startups such as Bylls and the Living Room of Satosh are committed to paying bills.

Online Stores -Many online stores support Bitcoin, such as Overstock, Shopify, Cryptoshopper, Bitplaza, Bitshopping, etc. You can find almost anything on it.

Travel -Yes, today you can even buy plane tickets with Bitcoin, such as CheapAir, Bitcoin.Travel, Cryptocribs, and Travelbybit.

Cars -If you mine enough bitcoin in 2009, you can buy a Lamborghini, or a new BMW, or even a classic muscle car on Classic Creations.

Charitable donations -There are many types of charities that accept Bitcoin, such as WikiLeaks, Code Inspire, United Way, Save the Children. Alternatively, you can donate to your favorite open source projects, such as Tor.

Movies -You can watch the latest movies at cinema chains such as AMC, CineMulti and Major Cineplex.

Online marketing, software / hardware, hosting / VPN -there are many options to meet all your technical needs.

Cryptocurrency usage is proliferating.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Crypto Analyst's Prediction Bitcoin to $100,000, Cardano Declared Dead

In a recent statement, Tom Dunleavy, esteemed Partner and CIO at MV Capital, provided insightful reasoning behind his...


Big Updates, Big Things In Store: Cardano Soars with Bullish Momentum 🚀

A recent Essential Cardano report highlights the latest advancements from Input Output Global (IOG) in the ecosystem,...


Cardano Is it Going to Zero? ADA Price Slips Amidst Crypto Market Rally – Will This Mining Protocol Go Viral?

Will Cardano's Growth in Valuation Lead to a Collapse or a Surge? Expert Predicts ADA Price in Light of Record-Breaki...


Emerging economies in Africa, South Asia, and Southeast Asia are leading the global trend of cryptocurrencies.

Emerging markets offer unique opportunities for the development of cryptocurrencies and blockchain technology.


From EOS, Sun Yuchen and Ownen Cong, ADA founder Charles Hoskinson took turns to diss it again.

The dilemma of EOS seems to be far from cooling. Block.one's June conference did not release "disruptive&qu...


Bitcoin, Ethereum, Solana, Binance Coin, XRP, Cardano, Avalanche, Dogecoin, Chainlink, Polkadot price analysis for 2/16

Bitcoin's strong upward momentum may encounter resistance around $52,000, but any potential decrease is expected to b...