You can now buy your neighbor’s couch from Craigslist using Bitcoin

bitcoin in hand
NurPhoto/Getty Images
Bitcoin may be smashing analyst expectations the world over, but the real victory for the cryptocurrency isn’t its meteoric rise past the $20,000 mark — it’s decidedly lower-tech. Mama, Bitcoin has truly made it, because it’s now being accepted on Craigslist. So the next time you’re looking for a questionable roommate or want to buy that mysterious couch, you can conduct these transactions on everyone’s somewhat nebulous, extremely volatile cryptocurrency.

Initially noticed late last week by a Reddit user, it would appear that Craigslist is making it easier than before for folks to accept cryptocurrency when selling online. While Craigslist has never really had any say over what methods of currency are used in buyer and seller transactions, it’s now giving its metaphorical blessing to Bitcoin. If you log into your Craigslist seller account now, you should see a new button that you can check if you’ll accept cryptocurrencies like Bitcoin, Ethereum, and Litecoin in place of cash (or whatever other tender you may choose).

The box is located in the “posting details” portion of the seller form, and can be found next to other more innocuous fields like “contact information.”

Of course, this is, in a way, Craigslist’s way of passing the buck. Since you can’t actually make transactions on Craigslist, having their community use cryptocurrencies could provide the site with a standardized (and for now, trustworthy) method of payment. After all, checks can be canceled, and higher-value items can often be tricky to deal with in cash. But cryptocurrencies could provide a solution.

That said, sellers may not be so eager to part with their own Bitcoins, especially since the currency has been doing so well in the last few weeks. A purchase for 0.5 Bitcoins could be worth $8,000 today, but $10,000 tomorrow. Similarly, sellers could also be a bit wary of placing too much stock in this new form of currency — the extremely volatile market has seen Bitcoin lose 40 percent of its value in the course of a single day.

But if all that aside, it’s certainly a sign that Craigslist, with its somewhat retro website design, is very much part of the 21st century.

Computing

Think crypto’s dead? JPMorgan to offer first cryptocurrency backed by a U.S. bank

J.P. Morgan Chase is making history by rolling out a trial, over the next few months, of the first cryptocurrency, dubbed JPM Coin, which is backed by a large United States bank.
Mobile

It hasn't even been announced yet, but you can already reserve the Galaxy S10

It won't be long now. With 2019 underway, the Samsung Galaxy S10 is almost here. Before it arrives, here's absolutely everything you need to know about all three of Samsung's next flagships.
Mobile

Buying a Galaxy S10? Here's how to sell your old Galaxy phone

If you’re preparing to upgrade to a shiny new Samsung Galaxy S10 or S10 Plus, then you will want to turn your old Galaxy into cash. Follow our guide on how to sell your old Samsung Galaxy for the best results.
Computing

Blockchain does way more than power Bitcoin. Here's how it works

What is a blockchain? It was once merely an academic idea and today it's the backbone of the cryptographic industry, helping to send billions of dollars worth of digital assets all over the world.
Computing

Switch your WMA files for MP3s with our quick conversion tips

The WMA codec may be great when it comes to multi-channel surround sound, but unfortunately, it falters in terms of compatibility. Check out our guide on how to convert WMA files to MP3 via web-based or desktop methods.
Computing

Looking for a new laptop? These 5 notebooks are on sale through Presidents’ Day

If you're ready to ditch your aging notebook, you can score some fantastic Presidents' Day savings right now on Microsoft's Surface Pro 6, Dell's XPS 13, HP's Spectre x360, Lenovo's Yoga C930, and Dell's G5 15 Gaming laptops.
Computing

Windows is getting a face-lift in 2020, but you can get a sneak peek right now

Microsoft is increasing the lead time for an upcoming major update to Windows 10, giving Windows Insiders the ability to test it right now, even though it's not set for release until 2020.
Virtual Reality

Getting into VR is spendy. Which headset is truly worth your hard-earned cash?

Virtual reality has finally gone mainstream, but how do you find the best VR headset for you? Check out a few of our favorites, whether you want the best of the best or a budget alternative for your mobile device.
Computing

These Windows 10 keyboard shortcuts will take your skills to a new level

Windows 10 has many new features, and they come flanked with useful new keyboard shortcuts. Check out some of the new Windows 10 keyboard shortcuts to improve your user experience and save more time!
Computing

What is Wi-Fi 6? Here's a look at the next evolution of the wireless standard

We're exploring the new naming convention for wireless standards, how it affects the devices you buy, and what the upcoming Wi-Fi generation is changing for the better.
Emerging Tech

A.I.-powered website creates freakishly lifelike faces of people who don’t exist

No, this isn't a picture of a missing person. It's a face generated by a new artificial intelligence on the website ThisPersonDoesNotExist.com. Here's how the impressive A.I. works.
Deals

The best Presidents’ Day sales 2019: Amazon, Walmart, Dell, and more

Presidents' Day sales are a great chance to score electronics, clothing, home and office stuff, and other goodies at a discount. We’ve smoked out a large handful of the best of these Presidents' Day deals, from tech to bedding, to help…
Deals

Keep your MacBook safe and dry with an Under Armour backpack for under $50

Under Armour is having a huge sale this weekend to help you on your quest for a better backpack. The UA Outlet Exclusive sale is going on now through Monday, February 18th, offering great discounts on stormproof backpacks.
Deals

Walmart Presidents’ Day sale: Instant Pot, Google Home, and 4K TV deals

Presidents' Day weekend is one of the best times of the year to find deep discounts on 4K TVs, laptops, Instant Pots, clothes, mattresses, and furniture. And Walmart is offering deals on all of those things and more.