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1. Domain names

Because crypto provides anonymity, it will remain a mystery who bought the domain Namecoin.com in 2013. But what is known is that the person paid 100.000 Dogecoins, which were much cheaper eleven years ago. Today, the domain name is worth millions, and the knowledgeable investor can be proud of his predictions.

Anonymity is wonderful about crypto, and those who can make such early predictions and make risky investments that pay off in the long run can also use crypto in crypto casinos. Viraj writes how the best no verification casinos accept crypto and guarantee anonymity. This anonymity is also great when making anonymous donations, another growing use of crypto, so everyone can appreciate the good deed without knowing who it came from.

2. A Gold Mine

Many have equated crypto with the historical gold rush. The explosive rise in value and popularity has drastically shifted the focus of many individuals and organizations worldwide, and we are still seeing the “Crypto fever” in effect. With the promise of potentially getting rich, it’s no wonder many try their luck with crypto. But, a company from Yukon, Canada, has taken the gold rush parallel a step further and is offering to sell its gold mine for Bitcoin. The mine is in historic Dawson City, where the Gold Rush occurred in 1890, and the asking price is a mere $2 Million in Bitcoins.

If anyone has that amount of bitcoins lying around, then this purchase could make history as the largest of its kind. On the other hand, crypto can also be used on crypto gambling sites, where there are slot machines with themes from the Gold Rush period, emulating the experience. It may not be as exciting as buying and operating a gold mine, but it holds the same potential.

3. An electric car

Buying a car is one of the most important financial investments a person can make. In 2013, an anonymous person made such a decision, making history by buying a Tesla Model S with Bitcoin. The transaction was made possible by a Lamborghini dealer in Long Beach California, and the purchase was the first of its kind. In 2013, the value of one Bitcoin was around $1000, so it probably took between 70 and 100 Bitcoins to make the purchase. Today, that price is much larger, and if we judge the past investment by today’s standard, we’ll see how this lucky individual has made the right call. Each unique purchase made with Bitcoin over the years has only made crypto more popular and acceptable. By being the first electrical car bought with crypto, Tesla and crypto have made headlines, showing that the future is fast approaching.

4. Buying Karma

When we say anything can be bought for crypto, we mean it as an abstract, but still a real concept as Karma can be bought at Creek United Methodist Church. It’s nothing new to have donations via crypto, and they can be for all sorts of causes. The Human Rights fund also accepts crypto as a donation in exchange for Karma. Making such a transaction will make an individual feel better, and these organizations have enabled a way for their currency to find an, albeit unusual, purpose. Balancing the celestial scale and clearing or improving your Karma is debatable, but the option to buy Karma via cryptocurrency is real and it has been in popular demand ever since.

5. Various services

Concrete products are one thing, but buying various services with crypto is an entirely different tale. On paper, it sounds simple enough. Money can be exchanged for goods and services, and crypto is money. But, when dealing with services, there is an added step of dealing with people who offer them, and they may or may not accept crypto. Today, that’s a rare case, and all types of services can be bought. Services for Satoshi, website development, audits, consulting services, and even college tuition.

There are about 40 colleges today in the world that accept cryptos as payments for tuition, but in 2014, Kings College in New York City made history by being the first one to add the option. As today’s youth is much more tech-savvy than before and has access to thousands of various cryptos, more colleges will probably start accepting crypto as a form of payment. As long as any cryptocurrency has value, there is no reason not to accept it as a valid form of payment.

Time will tell what new products or services will appear in the future. But whatever they may be, crypto will become a means of payment for them. No matter what crazy new cryptocurrencies develop or how the technology evolves, one thing is certain. Incredible tales and world-firsts will continue to happen in new and exciting ways. And we will be at the forefront of such events.

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