Walk into your favorite coffee shop and you’re greeted by a barista behind a cash register and credit card scanner. But they do not have an accessible way of exchanging cryptocurrency (crypto, for short) for your beloved, triple-shot vanilla latte.
How to Use Crypto
So how can you use that valuable bit of code you purchased last week?
For online financial transactions with major online companies such as Amazon, you’ll need to process through third-party companies like Purse, StackExchange, and BitStash to turn your dollars into crypto at the checkout (not without a fee).
For in-person financial transactions, you can purchase crypto-backed credit cards through Visa, Venmo, Gemini, or MasterCard. More companies are introducing crypto-backed cards by the year and month.
Companies Who Take Crypto
Most companies do not receive Bitcoin and other cryptocurrencies, but an increasing number are moving in that direction. For instance, Microsoft, Whole Foods, AT&T, Overstock, Subway, Burger King, and more have jumped on the crypto wave. Starbucks recently began accepting cryptocurrency as payment, so if this is your morning coffee shop and you’ve been stacking your digital wallet lately, you’re in luck. Just download the app, Bakkt, which translates crypto directly into your Starbucks account.
Things You Can Buy
If you’re looking to travel, some specific cars and plane tickets are up for sale with digital money.
If you’re hungry, spill that cash for fast food like pizza, burgers, and sandwiches.
If you’re furnishing your home, Overstock offers options from the living room to the bedroom.
And if you’re looking to be entertained, the Big Tickets app enables the purchase of several sports game options.
Cryptocurrency is on the rise. Check it out and see your digital cash turn into something special.