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Gift ideas you can buy with cryptocurrencies

Cryptocurrencies are very popular these days. Many people use it as an investment but let‘s not forget that there are loads of goods and services you can buy with it: from clothes to gift cards, restaurants and other stuff too. If you think about whether you may purchase a gift for someone with it, you definitely can. But first, let‘s find out what cryptocurrencies are and how to buy them. Only then can you decide what gift you would like to buy with it.

So what is crypto? It is a digital currency, which can be used to buy various goods and services. As we mentioned before, most people, who use cryptocurrency, do that because of the trading for profit possibility. Basically, it is like casino chips. If you would like to access a service that some company provides, you will have to exchange real money for crypto. So what are the most popular cryptocurrencies? Bitcoin, Litecoin, XRP, Ethereum, Tether, Polkadot, Cardano, and Bitcoin cash are just a few examples. If you are thinking about buying one of them, you may need an online app that allows you to store your currency. Simply put, you should create an account, and then you can transfer real money to buy crypto of your preference. One of the most popular questions people want to know is why you should use it. When compared to traditional payment methods, cryptocurrency has numerous advantages. Firstly, it has low fees. Secondly, you can do irreversible payments and micro-transactions with it. Some people say that it is far more secure than traditional payment methods. Many of them believe that it may be the currency of the future. As a result, they are attempting to acquire them now, before they become more valuable. It may be difficult to select a crypto exchange. You should try to find out if the platform you are considering is secure. Transaction fees also vary between exchanges, which is critical when choosing a cryptocurrency exchange. You might want to consider a lot of different things before deciding on the only one. Do not be afraid to sign-up for several various exchanges and try them all. They are all very different in terms of security precautions, user experience, and network design.

So, let‘s go back to buying presents. What can you buy with crypto for your loved ones? Let‘s start with the most important and obvious thing – gift cards. It is actually quite simple: locate the right store, select the card value, add to cart, and proceed to checkout. Choose crypto and pay the invoice. Then simply wait for the gift card to arrive. One of the best platforms to buy this type of present is https://coingate.com/gift-cards . So from which gift cards, may you select?

One of the most popular options is an eBay gift card. It allows you to search through more than 25 million active sellers to find what you are looking for. There is an incredible amount of goods available: including souvenirs, cars, mobile phones and a variety of other items. It is the ideal present for friends, family or even yourself. There is also Foot Locker, which is a popular store for purchasing all types of footwear. Nike, Jordan, and Vans are among the most fashionable sportswear and sneaker brands represented by this company. They also have a selection of clothing from these brands, so it could be an excellent gift for almost anyone because we all appreciate high quality. The Amazon gift card is another amazing idea for your loved ones. It sells a wide variety of products, including movies, furniture, books, food, toys, electronics, and accessories. It is actually the world‘s largest retailer. So, no matter what you are looking for, Amazon has you covered. Not to mention, with Amazon Prime, you can get free and fast delivery, as well as exclusive deals. One more present idea is MediaMarkt‘s gift card. It is the largest electronics retailer in Europe. It has everything you could possibly need in terms of electronics, including computer parts, phones, dishwashers, and even some coffee machines. They carry many popular brands, such as Apple, Samsung, LG, and Bosch. You can be certain that the person for whom you wish to purchase this gift card will be pleased with it. As you can see, there are a variety of shops from which you can buy a gift card with cryptocurrencies. There are more of those, but these are the main and most popular platforms for everyone. If you are looking for a unique gift, now is your chance. People adore receiving gift cards, especially from well-known retailers. So, if you have some cryptocurrencies and are unsure where to spend them, this is your solution. Consider whether someone‘s birthday is coming up soon, and if it is, you already have everything you need for a great gift.

There are loads of present ideas besides these gift cards. Some restaurants accept crypto as well. But you may need to do some research to find out which ones do. You can take your loved ones and have a nice dinner in some of those. There are also few shops which allow you to buy clothes too. Travel is another thing you can buy with it. Some websites accept bitcoins; all you have to do is find the right one. And if you are planning to buy a very expensive present for your loved one, know that more and more people accept Bitcoin as payment for real estate.

So there are a variety of choices of what you might want to buy with it. As this currency gains popularity, we can expect more businesses to accept crypto. So, if you are still debating whether or not to buy it, here is your answer. Because it is not only worthwhile to invest in, but you can also buy a lot of things with it. Just go with the flow, and you probably won‘t regret it.

Missouri Mayor to Airdrop $1,000 in Bitcoin to Cool Valley Residents

Residents of Cool Valley town in Missouri are well on their way to receiving a $1,000 cash gift, following the excess donations received in support of the initiative by Missouri Mayor, Jayson Stewart to fund households as a post-pandemic relief package.

The cash gift represents amongst many other things Stewart’s positivity about the role Bitcoin and cryptocurrencies, in general, have come to play in offsetting the old standards of the world. An environmentalist at heart, Stewart is not bothered by the bad media relations surrounding the energy consumption demands of Bitcoin. According to him, the first-ever digital currency “given me a new way of thinking about humanity in the future.”

Adding;

“It’s given me a hope, and an optimism that we can overcome some of the worst parts of the system that we’re born into, and actually create a future exactly how we want it to be. There’s a certain level of hope and optimism that I get from Bitcoin.”

With the initiative initially designed to give out $500 to each household in the town, the public attention the program gathered attracted new funding that simultaneously increased the allocation per family. While the excitement amongst residents is imminent, those who choose to HODL their lot are bound to cash out more in the future if the price of Bitcoin grows from its current price of $41,245.

According to Mayor Stewart, a number of workshops will be organized for the eligible recipients of the fund in Cool Valley, with the primary aim targeted at bringing everyone up to speed about the fundamentals of cryptocurrency.

Besides Stewart, Miami Mayor Francis Suarez is also an adept fan of Bitcoin, and he has significantly transformed the city into an attractive Bitcoin hub through his initiatives. A number of aspiring Mayoral candidates including Andrew Yang are also making promises to make their respective cities a Bitcoin hotspot if they assume power.

Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan

A Pontifex carpet gifted to Pope Francis by Sheikh Mohamad Bin Zayed Al Nahyan, the crown prince of Abu Dhabi, during his visit to the Vatican in September 2016, was sold as a non-fungible token (NFT) for 25 Eths, approximately $81,886 on January 14.

The original carpet, 272cm x 183cm, is woven by Afghan women, the physical version of the Pontifex carpet remains with Pope Francis at present. Zuleya, a retail arm of the Fatima Bint Mohamed bin Zayed Initiative, created a replica measuring 187cm x 125cm to be presented to anyone who buys it as an NFT.

The proceeds are to be channelled for a good cause of helping needy families in Afghanistan based on the challenge of harsh winter, according to local media outlet Khaleej Times.

Musfir Khawaja, the co-founder of nftOne, welcomed this move and stated:

“This is perhaps the most iconic NFT to be sold in the Middle East. The buyer will get the physical replica of the carpet besides an ornate gold frame on a 165cm digital canvas with the NFT loaded on it.”

The chief executive of the initiative, Maywand Jabarkhyl, believed that NFTs would be a game-changer in offering a crucial step forward of opening new revenue streams for Afghan artisans by presenting a larger global audience.

With NFTs being among the trendy digital assets, their total sales reached $25 billion in 2021, as reported by Blockchain.News. Furthermore, their market capitalization stood at $31.6 billion at the close of last year.

The proof of ownership guaranteed by NFTs is one of the factors making them tick. For instance, Shark Tank investor Kevin O’Leary, recently aired his bullish sentiments by stating that NFTs had a more prominent shot of surpassing Bitcoin because they can digitally show ownership of real-world things.

With NFTs being non-divisible and finite, these characteristics are creating their intrinsic value.