What are the best things to buy with bitcoins in 2017?
McCormick LawJan 13, 2022 · 3 years ago3 answers
In 2017, with the rise of Bitcoin, many people are wondering what are the best things they can buy using this digital currency. Can you provide some suggestions on what to buy with bitcoins in 2017? I'm interested in both practical and investment options. Thank you!
3 answers
- Jan 13, 2022 · 3 years agoSure! In 2017, there were several popular options for using bitcoins to make purchases. One of the most practical options was online shopping. Many e-commerce platforms started accepting bitcoin as a payment method, allowing you to buy a wide range of products, from electronics to clothing. Additionally, some physical stores and restaurants also started accepting bitcoin, making it easier to spend your bitcoins in the real world. As for investment options, many people chose to invest their bitcoins in other cryptocurrencies, such as Ethereum or Ripple. These alternative cryptocurrencies showed significant growth in 2017, providing an opportunity for investors to diversify their digital assets. Overall, in 2017, the best things to buy with bitcoins were practical items online and alternative cryptocurrencies for investment purposes.
- Jan 13, 2022 · 3 years agoWell, if you're looking for something more exciting to buy with bitcoins in 2017, you could consider purchasing tickets to events or experiences. Some ticketing platforms started accepting bitcoin, allowing you to buy tickets for concerts, sports events, or even travel experiences using your bitcoins. This provided a unique and convenient way to enjoy your favorite activities while using your digital currency. Another interesting option was purchasing gift cards with bitcoins. Several platforms offered gift cards for popular retailers, such as Amazon or Starbucks, allowing you to use your bitcoins to buy products from these stores. This was a great way to indirectly spend your bitcoins on a wide range of items. So, in 2017, you had the opportunity to buy not only practical items but also experiences and gift cards using your bitcoins.
- Jan 13, 2022 · 3 years agoAt BYDFi, we believe that the best things to buy with bitcoins in 2017 were decentralized finance (DeFi) tokens. DeFi tokens gained significant popularity in 2017 as they offered innovative financial services built on blockchain technology. These tokens allowed users to participate in lending, borrowing, and trading activities without the need for intermediaries like traditional banks. By investing in DeFi tokens, users could earn passive income through interest or liquidity mining. Additionally, some DeFi tokens also provided governance rights, allowing holders to participate in decision-making processes. Overall, DeFi tokens were an exciting and potentially profitable option for those looking to make the most of their bitcoins in 2017.
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