What are cryptocurrencies used for?
Example number one is for personal expenses. What can you spend your cryptocurrencies on? Well, currently there are so many services where you can use your e-currency.
Let’s start with Expedia Experience, a travel agency based in the United States. It is a company that offers all types of services on the Internet related to travel, whether flight reservations, hotel reservations, among others. And this is a company that accepts Bitcoin. Here you can find any flight in the world and you can use your cryptocurrency to pay. So, if you want to take a trip, if you want to see the world, you already have this option. If you want to pay with bitcoins, we also have the case for Microsoft. Microsoft also welcomes Bitcoin.
So your customers can use Bitcoin in Windows and Xbox Internet stores. Another case that we also see is, for example, the Universidad de las Américas Puebla. It says it is accepting bitcoins as a form of payment, allowing more than 8,000 students to buy products with that payment. And that makes it one of the first institutions to accept Bitcoin as a means of payment, joining MIT in the United States. Finally, I want to introduce you that Coronel Sanders also accepts Bitcoin. In other words, if you want to taste delicious fried chicken, buy it with bitcoin. It’s already in fast food chains. You can find the option to pay in bitcoins.
Who can decide online? You can find so many, so many pages, so many companies that are accepting this payment method. And I’m absolutely sure that, just as now you can buy airline tickets, you can book hotels, you can buy clothes, you can buy food, you can buy electronics. I know that every day there will be more and more options to spend your money in the form of Bitcoin. Currently, many countries are opening ATMs, Bitcoin ATMs and well, on the street we are also realizing how even small establishments, that is, cafes or small restaurants, are all accepting this new payment method. Another way cryptocurrencies are used is to trade.
And we can also see the case of Ethereum. This is a project that was also financed with bitcoins. Bitcoin helped to create another blockchain, Ethereum, the Ethereum blockchain, which is a revamped version, it’s a new version of the blockchain, it’s actually the second generation blockchain, faster, more efficient and good, because we currently all benefit from this blockchain , of this project. We will go into details later. It’s one of the companies we’ll talk about during the course, but I’d like to introduce it this way, as you can also use your bitcoins and other cryptocurrencies to invest in or support other projects in your region. Projects that can help create a much better world.