You can buy all sorts of luxury goods on BitPremier, which accepts bitcoin for extravagances such as yachts and real estate. One unusual item listed for sale on the site in September 2017 was a brandy distillery located in Nemesvamos, Hungary. At the time, you could pick up the distillery building and all of the equipment for 73 bitcoins, valued at about $339,000.
What is thought to be the first real-world bitcoin transaction occurred on May 22, 2010 — and it was for two pizzas from Papa John’s. The cost of the transaction was 10,000 bitcoins. As of Jan. 24, 2018, that 10,000-bitcoin purchase was worth more than $100 million — quite a price, no matter how good those pizzas were. Today, the Pizzaforcoins website accepts more than 50 cryptocurrencies for local pizza purchases.
When it comes to digital currencies — another name for cryptocurrencies like bitcoin — the University of Nicosia in Cyprus is all-in. The university was the first to offer a cryptocurrency course, the first to offer a digital currency degree and the first to accept bitcoin for tuition payments. The university now offers an online Master of Science degree in digital currency.
Expedia is one of the world’s most recognizable online travel companies, providing services to millions of customers across the globe. Would it surprise you that this purveyor of airline tickets and other travel experiences accepts bitcoin? Expedia uses the services of Coinbase to process its bitcoin transactions, but you’ll have to be fast on your feet — the bitcoin price you see for your booking is only valid for 10 minutes.
Gold bullion is raw gold in bulk form, valued by weight such as in bars, ingots and coins. JM Bullion, an online retailer of gold and silver products, accepts bitcoin for purchases. In one sense, this seems like one of the most logical places where bitcoin would be accepted, as it involves using one type of currency — bitcoin — to purchase another type — gold coins.
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