9. Spending Bitcoins

Accumulate enough Bitcoins and you’ll eventually want to spend them. But how, exactly, do you use Bitcoin to pay for products and services—either online or at a bricks-and-mortar establishment? And what merchants accept Bitcoin payments? That’s what this chapter is all about—how to spend your hard-earned Bitcoins.

Who Accepts Bitcoin Payments?

Let’s start with this simple question: Where can you spend your Bitcoin? In other words, which merchants and services accept payment in Bitcoin?

The answer is—well, not that many. At least not yet. Because Bitcoin is not yet an established currency, at least in the eyes of the establishment, you’re not going to find a lot of big-time merchants accepting Bitcoin payments. That’s ...

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