What can I buy with Bitcoin?

What can I buy with Bitcoin? Considered by many as digital gold, Bitcoin is no longer just an investment, but is increasingly used as a digital alternative to money. With the advent of Trump, the price of Bitcoin has touched 100 thousand dollars, fueled by the promises made during the election campaign. This has pushed more and more people to approach the world of cryptocurrencies, attracted by the investment potential and the possibility of using them as digital currencies. With an ever-growing diffusion, Bitcoin is becoming a real alternative for purchasing goods and services, making cryptocurrencies increasingly accessible and easy to use.

But where to spend Bitcoin in a safe and practical way? In this guide, we will explore the best options for using your cryptocurrencies, discovering physical stores, e-commerce platforms and even sectors such as real estate or technology.

Whether you want to know which stores accept Bitcoin or how to take advantage of the benefits of paying with cryptocurrencies, this article will provide you with all the answers.

What can I buy with Bitcoin in Italy? Purchases you can make today

There are many products and services that can be purchased with Bitcoin, from technological products to travel, from luxury cars to coffee at the bar. The technology behind Bitcoin offers users faster and more convenient payment solutions.

In this complete guide to purchases in Italy, we have identified 10 types of purchases that can be made with this cryptocurrency. Here’s what you can buy with Bitcoin.

1) Funds for online betting

Many betting sites accept cryptocurrencies as a payment method for playing and betting online. Some online casinos only accept Bitcoin as their only currency.

2) Video Games

The world of video games has also opened up to Bitcoin and many online sites, such as GiochiPlanet and Instant Gaming, accept direct payments in Bitcoin for the purchase of video games. Since 2024, Gamestop has supported gift card options in its online store.

3) Electronic products

Among other goods that can be purchased with Bitcoin are electronic products. Through e-commerce sites such as NewEgg it is possible to purchase electronic and computer products directly with Bitcoin. Through Bitrefill, it is possible to purchase Amazon vouchers to spend on the well-known e-commerce portal.

4) Travel and leisure-related services

Travel and leisure-related services can be paid for in Bitcoin. Online travel agencies such as Destinia, Travela and Utravel (brands of Alpitour) allow you to book stays by making payments with virtual currency. Since 2022, the luxury hotel chain Soneva has also started accepting payments in Bitcoin and Ethereum.

5) Shopping and luxury goods

Several online stores and luxury brands accept payments in Bitcoin. Among them, Ferrari, Ralph Lauren and Balenciaga have decided to make transactions easier by adopting the cryptocurrency. The luxury car dealership EuroSport Global, based in Singapore, allows the purchase of Alfa Romeo and Lamborghini with Bitcoin and Ethereum. On BitCars you can buy luxury cars, including Tesla models.

6) Consumptions at the bar

Coffee and croissants can be paid for in Bitcoin in some Italian bars. With a procedure very similar to that of other apps used for digital transactions, it is now possible to make instant and commission-free payments even for small amounts. For example, a coffee can cost around 3,800 satoshi, a fraction of a Bitcoin.

7) Gift cards and vouchers

Bitrefill is a cryptocurrency exchange platform that allows users to buy gift cards or vouchers by paying in Bitcoin. Gift cards can then be spent in many e-commerce sites to purchase goods or services, including Conad, Zalando, Amazon, Ita Airways and many others.

8) Donations

Bitcoin can also be used to make donations. In fact, many associations accept donations in cryptocurrencies. During the 2024 US presidential election campaign, over 170 million dollars were raised by organizations that manage funds to support candidates.

9) Real estate market

The world’s first purchase of a house with Bitcoin took place in September 2017, in Austin, Texas. A few months later, at the end of 2017, the first purchase was announced in the United Kingdom, in the Essex region, and then the first case in Italy, in Turin in 2018.

Although Bitcoin is not a legal tender in Italy, if there is an agreement between the parties it can be used as a means of payment. The regulatory reference is given by the resolution of the Agenzia delle Entrate n. 72/E of 2 September 2016 which confirmed the possibility of using cryptocurrencies as a means of payment (recalling a previous decision of the Court of Justice of the European Union of 2015).

10) Works of art

In the wake of the growth of NFTs, non-fungible tokens, many auction houses and galleries have started to accept Bitcoin and Ethereum as a means of payment for the purchase of works of art.

Companies that accept payments in Bitcoin

Bankitalia often reminds in its documents that cryptocurrencies are not a currency. It calls them criptoasset precisely to underline their different nature.

However, the number of companies that accept payments in Bitcoin is rapidly growing. Let’s now see a list of all the brands that allow you to use Bitcoin as a payment system.

Shopify.com – an online store that allows anyone to sell their products
Bloomberg.com – a multinational company based in New York active in the economic and financial mass media.
WordPress.com – an online company that allows the user to create free blogs
Microsoft - for now only in the United States, it is possible to purchase Windows or Office licenses with bitcoin, consoles, Xbox Live subscriptions and other services.
Gamestop - the well-known American video game chain allows you to buy gift cards in Bitcoin, thanks to an agreement with Bitrefill and Paxful.
Reddit - the social news aggregator accepts Bitcoin payments for the purchase of premium services.
ExpressVPN - the company based in the British Virgin Islands allows you to buy its subscription VPN services via Bitcoin.
Newegg.com - the online electronics retailer uses bitpay to accept bitcoin as payment
Wikipedia - the free and open-source encyclopedia accepts donations in Bitcoin.
Save the Children - the non-profit organization that fights for the most disadvantaged children allows you to donate cryptocurrencies.
Greenpeace - after seven years, in 2021 the activist group stopped accepting donations in Bitcoin due to the impact on the environment.

Original article published on Money.it Italy. Original title: Cosa posso comprare con i Bitcoin?