People have a million desires, and if they had a few million dollars, they could fulfill them in whole or in part. Many of us have always fantasized about what would happen if we became rich overnight, inherited big money, or simply had the value of cryptocurrencies reach such a high value that we could have literally everything.
Once there are cryptocurrencies, there are products and services that you can buy with them. Knowing that the value of these currencies is highly variable, the supply of products is actually quite limited, as they are not accepted as the official method of payment in most of the world. Whether you are mining cryptocurrencies yourself or trading them, it is important to know that you can spend them on a variety of goods and services on platforms like https://btc-loophole.io/.
On the one hand, if you own a significant amount of Bitcoin, you may need to consider a permanent investment. But on the other hand, it is quite understandable if you want to afford something more, something on the verge of extravagance, and even spend it all, for something you have always wanted.
For some, it is a new apartment, a big house, an expensive car, a suitcase with expensive cosmetics, while others would go to great lengths to reinvest them in another more stable asset, such as gold, to provide a better future for their children and grandchildren.
Can you buy things with Bitcoin?
Everything that is sold for Bitcoin, you can buy with them. But if there is no option to pay with any cryptocurrency, then most likely the seller does not accept such an offer. It is true that the world is fighting for the widest possible acceptance of cryptocurrencies, but the awareness around them is not at a high level and many consider them a scam. So, if someone does not accept Bitcoin or any similar currency as a means of payment, then you do not need to insist or convince the sellers that it is better or more profitable.
Nowadays, there are even pizzerias around the world where you can pay with cryptocurrencies, in addition to traditional payment methods. But there are also much bigger things available that way, including freelance services, tech gadgets, real estate, and even cars.
However, if you are wondering what are the most expensive items you can buy with Bitcoin, consider the following list:
Apartment in luxury locations
For 25,000 BTC, you can buy an apartment in Trump SoHo. In fact, there is already an apartment that is bought with cryptocurrencies. Interestingly, Trump is known for being an opponent of cryptocurrencies. In 2013, an apartment in this building was sold for 25,000 Bitcoins, then worth about $2 million, but today it would be over one billion dollars, taking into account current prices. The specific apartment is luxuriously decorated and even comes with an option for room service. And of course, there are offers like this – the real estate market is full of properties that can be bought with cryptocurrencies.
Good and fast cars
And this is one of the most expensive products sold for Bitcoin and it is about luxury models. In 2015, there was a car sale for the then 45 Bitcoins, which were previously purchased with an investment of about $100. In fact, it is an expensive Lamborghini model.
Nowadays several Tesla models are available with BTC, but also accessories, for example, Tesla Model X Wheel Package.
A small private jet was purchased with Bitcoin in 2014, but more details of the transaction were never disclosed. However, it is an open secret that those who are rich buy their own planes, so it is not surprising if someone has managed to profit from cryptocurrencies, feel like a millionaire and invest their earned money in luxury and things that make them happy.
Yacht for the extravagant
Yachts have always been a symbol of those who are very rich. They are their home on the water. Therefore, it is normal and quite expected that for a certain amount of Bitcoins, a yacht can be purchased that is fully equipped. They are considered a luxury of water, an expensive investment, but it seems that owning Bitcoin is possible. In 2014, the most expensive yacht cost over 22,000 BTC, which today is over 7 million dollars, but at that time it was cheaper because the value against the dollar was lower.
Building land or fields
Although it sounds incredible and maybe no one would put them together in one place, there are still lands for sale that you can buy without any special purpose, but only to have them. However, this does not mean that it is not usable. You can simply develop a business idea and continue to invest your Bitcoins in something that will bring you even more profit in the future.
Gold and diamonds
This is one of the most predictable things to do, but the important thing is that if you buy diamonds or gold at the right time, you are actually sealing the momentum value of Bitcoin. It is already well known that they are stable assets and their price does not vary as much as cryptocurrencies. Therefore, they are often exchanged for precious materials and precious stones, because even after a few years the price can remain the same or change for a few dollars. On the other hand, for BTC we testify that overnight it can halve its value, which is not the case with gold.
The bottom line
There are many other things you can pay for with cryptocurrencies, including food and specialties, books, renting online movies and other multimedia content, and even buying tech gadgets that are quite expensive. However, you should know the markets where such payment is regulated, because in some cases, trading in this way can be considered a crime and have consequences for you. So, make sure you know what you are doing.