How to buy food with Bitcoin?

Bitcoin (BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity, whereas El Salvador made Bitcoin a legal tender in 2021. 

So, does this make BTC a store of value or a medium of exchange? It can do both — On one hand, BTC can be added to treasuries as an inflationary hedge. On the other hand, it could also serve the retail purpose of paying for routine expenses. 

Almost over a decade ago, the first person to utilize Bitcoin for a business transaction was Laszlo Hanyecz, who spent 10,000 BTC on two pizzas, or as the crypto community addresses it, the Bitcoin pizza. However, that is not the amount of BTC anyone needs to actually buy food in the real world now. Why? Because customers have realized to only pay the amount for which the product is worth, not more or less. 

This article will discuss different ways by which one can buy food using Bitcoin. From crypto debit cards and gift cards to crypto food delivery portals, this article will lay down all possible options to efficiently use cryptocurrency for grabbing a meal. 

Various ways to buy food using cryptocurrency

There are a few ways to buy food with Bitcoin, depending on the user’s needs and interests. Following this, these are the three most common ways to use cryptocurrency for daily expenses like food:

Crypto cards

Crypto cards are like regular debit or credit cards, but crypto cards let the customer use their crypto to make payments. They essentially deduct crypto from the user’s wallet and transfer fiat at the merchant’s end. 

It helps users pay their routine bills through crypto without the complexities of finding outlets that accept crypto payments. Moreover, nowadays, numerous crypto card companies offer mobile apps that make it easy for the customer to spend Bitcoin anywhere. 

Crypto gift cards

Customers may purchase gift cards for several food and delivery services using cryptocurrencies. They can then redeem said gift cards to pay for their meals in digital currencies. Crypto gift cards facilitate the sale and purchase of items from participating merchants to customers using cryptocurrency. There are a number of companies that offer gift cards, so it’s easy to find one that fits user needs.

Crypto food delivery portals

Crypto food delivery sites are connected to many food and beverage outlets across various regions. It is like a website or application for…