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bitcoin: What can you actually buy with bitcoin? - The Economic Times

By Jacob Bernstein
In the last 12 months, the value of a single unit of Bitcoin has risen from less than $10,000 to more than $30,000. Companies including Square and IBM are using blockchain, the technology behind the currency, to design and improve digital payments methods.
But what can you actually buy with Bitcoin?
As it turns out, an awful lot. What it won’t always be is easy.
“Bitcoin is just not the most efficient currency yet,” said Henry Elder, head of wealth management at Wave Financial, a digital assets firm in Los Angeles.
For example, one can purchase goods from Amazon with Bitcoin, using a third-party service called Purse. ....

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Bitcoin Explained: What is it and how does it work? Find out here

Cryptocurrencies are yet to earn the faith of governments in many countries but despite of the legal troubles, they are booming at a searing pace. Bitcoin, one of the biggest name in cryptocurrencies is not illegal in India but it might get banned soon. ....

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Detailed text transcripts for TV channel - CNN - 20180714:12:38:00

Blinking red, the system the russians will come after us. i assume this congressional election this year and in 2020. why wouldn t they? because they re being reward by a summit in helsinki, an attack like this has to be responded in in kind, whether it s a finding, more sanctions, it doesn t matter, but right now the russians have not paid a price. they ve gotten what they ve wanted. they ve disresulted the american political. clearly this evidence, you look at it, it s absolutely damming. it s better than we got on pearl harbor and 9/11. when they come out and name russian military officers, under cover, find out the bitcoin payment and the rest of it, intelligence is fantastic. michael, who do you think might be an american indicted? . we will probably type out more about this congressman on ....

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Detailed text transcripts for TV channel - DW - 20171202:17:23:00

It s still quite hard to actually buy things with it. a slew of trading platforms such as fancy dot com and fast tech dot com offer everything from armchairs to ferrari s and watches but these are peer to peer sales platforms you won t be able to buy a luxury car with bitcoins but they can buy you some things. there are coffee bars that will only accept bitcoin like this one in prague. and speculation is rife that amazon could soon accept bitcoin payment. with japan also recognizing bitcoin as legal tender it could be said the crypto currencies future looks good. however after surpassing the eleven thousand dollar mark this week that cohen s share price quickly dropped twenty percent before recovering again with fluctuations like this the risk is always there. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20150104:06:30:00

To line gambling sites.mbling what amazing about bitcoin, it is peer-to-peer currency. it doesn t use any of these financial institutions. the gambler can actually, you know communicate and make payments directly to the casino and there is very little that the government can do to stop these transactions. i guess they could try to shut down sites use diplomatic pressure but there is incredible market for online gambling. 50 to 60% of bitcoin transactions are made through gambling sites. john: these sites depend on bitcoin payment. bitcoin is incredible technology that is facilitating these sites. it is making gambling a lot safer for people doing gambling, coming up police, privacy polygamy, the war between the state and individual freedom. ....

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