Assets, Bitcoin

Can I Buy Bitcoin at Walgreens Store?

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

NOTE: This question is misleading because Walgreens does not currently offer a service to buy Bitcoin. It is possible to buy gift cards for a variety of services at Walgreens, however, the gift cards would need to be used in order to purchase Bitcoin from another provider. Therefore, it is not possible to buy Bitcoin directly at a Walgreens store.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

The first ever real-world bitcoin transaction was made in May 2010, when Laszlo Hanyecz bought two pizzas for 10,000 bitcoins.

As of November 2017, the value of one bitcoin was above $7,000.

Can I buy Bitcoin at Walgreens store? No, you cannot buy Bitcoin at Walgreens store.

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