Cryptocurrency is making its way into the Mainstream
In case you haven't noticed, cryptocurrencies have been making mainstream headlines this year. More people are aware of cryptocurrencies like Bitcoin and Ethereum than ever before. With Bitcoin hitting a $10,000 high, cryptocurrencies are becoming harder to ignore. Many of us found ourselves around the Thanksgiving table trying to explain crypto to newly interested family members. However the conversation usually screeches to a halt when they ask question "Yeah, but what do I DO with bitcoin?"
Unfortunately for die hard cryptocurrency believers, the mainstream appeal of cryptocurrencies such as Bitcoin is centered around it's value on the trading platforms. The idea that you can actually USE cryptocurrency for anything but investing seems to elude the casual crypto curious.
The original idea behind crypto currency was never to create a pseudo securities trading game. It was, in part, to provide an alternative way for people to interact with the economy of goods and services that is not controlled by a central governing authority.
Luckily for us, some companies are catching on!
8 surprising places where you can pay with bitcoin
Business Insider | Read original article
Expedia teamed up with Coinbase in implementing the world's largest travel booking agency found online. Since mid 2014, users have been able to make hotel bookings using the Bitcoin payment option. Expedia currently accepts Bitcoins for hotel bookings only, but are expected to expand to include flight bookings and other activities.
Since 2013, Virgin Galactic, a commercial space flight venture owned by Entrepreneur Sir Richard Branson, that includes companies such as Virgin Mobile and Virgin Airline, accepts purchases using Bitcoin. You can even pay for space travel with Bitcoin.
Overstock is a company selling big-ticket items at lower prices, owing to overstocking. Overstock.com was the first online retailer to accept Bitcoins starting January 2014. Overstock partnered up with Coinbase allowing its customers to pay with Bitcoin for all their purchases, from TV sets and laptops to pillows. In order for you to use Bitcoins on Overstock, you need to simply choose the “pay with Bitcoin” option for you to complete your purchases.
Newegg is an online electronics retailer who accepts Bitcoin as a payment method. If you are a gadget junkie, then you can make electronic purchases using Bitcoin.
eGifter is a popular gift card mobile app, which allows users to buy gift cards for different places, such as Amazon, Sephora, Home Depot and Kohls. eGifter works with Coinbase as their Bitcoin partner. Bitcoins are accepted for purchasing gift cards for places that do not directly accept Bitcoins.
For the online gamers, Zynga partnered with BitPay for their Bitcoin payments. Players can use Bitcoins for in-app purchases.
Subway franchises in Buenos Aires recently accept Bitcoin for payments at the restaurants for their “Eat Fresh” products.
So next time Uncle Ron asks "What do I do with a Bitcoin?" You can confidently answer "Buy a sandwich or a couch! Or if you want an answer with a little more pizazz, you can tell him about corcom.io!
Corcom.io has something big in the works. Imagine being able to start a company or develop a product using cryptocurrency as startup funds. Corcom.io is taking cryptocurrency to the next level of usability, not only providing the space for crypto holders to spend their digital token on goods and services, but also build value creating businesses.