Types of Services That Accepts Bitcoins 

Over the years, Bitcoin has shown exponential growth in the number of people appreciating the ability of digital currency. It would not be possible if without the help from major businesses and online operators who embrace this kind of system.   

Over the past decades, the general public and business establishments have been waiting for a single currency that can be used as an attainable channel of exchange. Shockingly, many accepted this idea and were able to reach globally. Therefore, the list of companies, either big or small, that accept bitcoin has been rapidly increasing at a much faster pace. If you are wondering which type of services accept bitcoins, worry no more. Here are the different services that accept Bitcoins. 

Airline Services 

Since Bitcoin is being accepted globally, the airline industry has been pushing many airline companies to accept bitcoin as a mode of payment for their future flights. AirBatlic, LOT Polish, and Virgin Galactic are among the airlines that accept bitcoins for flight purchases to and from their hub destination. However, if you are the type of person who uses a private jet to go to your preferred destination, our folks in BitLux Travel said that some of these companies accept crypto as a mode of payment. If you have not heard about crypto, you should spend your time researching this type of investment as it shows positive remarks among investors.  

Food and Beverage Industry 

If you love to eat and drink and you have invested in Bitcoin, you may now use it to pay for your bill. The F&B industry is rapidly transitioning to this new form of payment system. A bar in New York City implemented the use of this payment method just recently. If the customer wishes to pay their bills using Bitcoin, they have to inform the servers, and they will show them an app called “BitPay” that exchanges the dollar into Bitcoins.  

Schools 

If you think that bitcoin is only used in the airline and food industry, think again. Universities across the globe are adopting the use of bitcoin at a very fast pace. The University of Cumbria is one of the first few universities that adopted this payment and allowed students to pay part of their tuition fees through bitcoin. As a matter of fact, a few of these universities have started educating their students on how to use blockchain technology and how to handle it properly. As we all know that this is a very volatile system.  

Banks 

With the rapid growth of technological advancement in the fintech industry, banks have now integrated and welcomed the cryptocurrency service for the improvement of the whole community. Fidor Bank in Germany is a digital bank that gives its users the option to use their digital payment facilities and provides them a wide variety of banking choices, from savings to crowdfunding investments.  

Bitcoins are becoming more and more popular these days, to both businesses and consumers. However, one must always understand that bitcoin has a rule in different countries and should always be used with caution and safe from cyberattacks. By allowing this form of payment, hackers are up to the challenge in order for them to steal virtually. Despite its vulnerability to hackers, many are still believing in its power, and it is no longer considered an investment asset.