If you were looking for viable ways to spend cryptocurrency a few years ago, it would be impossible to find anything. Luckily, the modern world progresses quickly and adjusts to the trends created by society. As a result, when in May 2010, Florida-based Laszlo Hanyecz traded his bitcoin investment to get 2 pizzas from a local store, he paved a path to a new financial era.
At that time, a single token was only worth 8 cents. 12 years later, it increased in value by 840 thousand times, hitting an all-time high of $67,000 at the end of 2021. For more than a decade, people have used Bitcoin and other cryptos to pay for a lot of things. Let us analyse the most profitable and impactful possibilities of BTC exchange.
Obtain a Second Passport
If you are a resident of a country that allows multiple citizenships, using your Bitcoin assets to get it is a solid invest bitcoin.
There are 2 main advantages of obtaining a second passport:
- Freedom of movement. You will always have a place to travel to that does not require tedious engagement in documentary proceedings, usually taking a lot of time.
- Insurance plan. The world has seen multiple instances of sudden economic and political chaos inside the country. Being able to have a backup place is a typical insurance a lot of businessmen resort to.
As of the beginning of 2022, Vanuatu is the only country that has elaborated a second-citizenship program that involves Bitcoin. Antigua and Barbuda is also actively developing similar policies with digital tokens. Other crypto-friendly regions think of joining the trend due to the increased popularity of the innovative payment method.
Purchase or Rent Real Estate
Investing in this direction has been relevant for centuries. Successful businessmen around the world buy villas, offices, penthouses, for their own as well as earning needs. With the appearance of Bitcoin on the real estate market, things can change heavily in favour of its development.
In 2022, the most popular way to invest bitcoin crypto in such a way is the Aston Crypto Plaza residential facility. The complex of luxurious apartments is situated in Dubai. The British Baroness Michelle Monet is the owner of the venue. She believes that buying real estate for cryptocurrency is the future, and she is a pioneer in the progressive world.
Get a Private island
Spending Bitcoin for purchasing unclaimed territories has been introduced during one of the first major crypto summits in 2015. The host Richard Branson mentioned this idea as an opportunity for BTC owners to increase their investment possibilities without being tied to small material things.
As a result, in 2021, a part of Union Island was offered as a lot with a starting price of $7 million. One of the key notions of the auction was the possibility to use the Bitcoin equivalent during the cashout. Besides, there are also a few available propositions of Honduran territorial waters to get certain areas for digital currencies.
Convert BTC into Jewellery
While real estate and private islands require time and additional resources for maintenance, it is also possible to use your cryptocurrencies to get precious metals and stones. Another advantage of such an investment is that the scale of expenditures can be much smaller. The number of propositions is plentiful on the market right now, so it will not be a problem to find an offer that corresponds to your budget.
Purchasing houses or dealing with territories also involves documentary issues. The process can take quite a long time to yield the cherished result. On the other hand, spending Bitcoin tokens to get gold, diamonds, or anything similar is straightforward. Besides, the stability of such bitcoin investment is at the highest level possible since the fluctuation of precious metals and jewellery is low.
Launch a Bitcoin Casino
Another huge possibility for cryptocurrency owners is in the entertainment sphere. A lot of people hold digital tokens in small amounts and are not capable of making big expenditures. Offering them the possibility to have quality pastime and win more than they spend is an amazing investment direction.
Why Bitcoin casinos are the future of the gambling business:
- No licence is needed. If cryptocurrency is the only payment method, an operator does not need to register such a venue.
- Complete anonymity. Participants preserve their private information as everything they need to specify is the number of their e-wallet.
- The integrity of transactions. Once the transfer is initiated, no one can interact with, cancel, or alter it.
- Extremely low bets. The number of clients will be plentiful since wagering possibilities start from the smallest BTC division, Satoshi.
The reason cryptocurrency is needed for the Bitcoin casino solution is the market structure. A lot of aggregator companies accept payments in BTC and other tokens. Besides, an initial payout budget must be present in the form of digital currency.
Involve Professional Bitcoin investment Assistance
The availability of a substantial digital budget does not imply the knowledge of its usage. That is why resorting to a company with solid experience in this direction might be beneficial.
Casino Market has been working with cryptocurrency since its emergence. During all these years, numerous successful strategies for fruitful bitcoin investment have been elaborated. For further details, get in touch with the aggregator’s support team.