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Past year bitcoin went from being a niche hobby to a money-making phenomenon. Here are 5 things you probably didn't realise you could buy with your bitcoins
1. Apartment. Aston Plaza & Residences officially announced you can pay for your new apartment using bitcoins. The cheapest one is a small studio in Dubai (43 sq m) - you can buy for 32 bitcoins.
2. A college degree. Along with hotel chains, colleges are starting to realize the value of bitcoin and have begun accepting this form of payment from students to pay for tuition and other fees. The University of Nicosia in Cyprus was the first one to accept bitcoin payments.
3. Flights. There are already few ways to use your bitcoins to purchase flights (for example AirBaltic already announced they accept it).
4. Alcoholic beverages industry for producing whisky, cognac, wine in Hungary - 86.2 bitcoins.
5. Vanuatu citizenship - 44 bitcoins.
1. Apartment. Aston Plaza & Residences officially announced you can pay for your new apartment using bitcoins. The cheapest one is a small studio in Dubai (43 sq m) - you can buy for 32 bitcoins.
2. A college degree. Along with hotel chains, colleges are starting to realize the value of bitcoin and have begun accepting this form of payment from students to pay for tuition and other fees. The University of Nicosia in Cyprus was the first one to accept bitcoin payments.
3. Flights. There are already few ways to use your bitcoins to purchase flights (for example AirBaltic already announced they accept it).
4. Alcoholic beverages industry for producing whisky, cognac, wine in Hungary - 86.2 bitcoins.
5. Vanuatu citizenship - 44 bitcoins.