RATE Group | Covid and Chill? Bitcoin Used to Buy Weed & Video Games Amid Lockdown
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Covid and Chill? Bitcoin Used to Buy Weed & Video Games Amid Lockdown

02 May Covid and Chill? Bitcoin Used to Buy Weed & Video Games Amid Lockdown

Posted at 22:44h in Bitcoin News by

  • E-commerce stores saw a 50% increase in bitcoin-based purchases of cannabis and video games during the pandemic lockdown.
  • Coronavirus has revealed people’s priorities, as general digital product sales take a fall.
  • Bitcoin, stoners and gamers–the holy trinity of overlapping essentials amid this lockdown?

Stoners and gamers have turned to Bitcoin during the coronavirus lockdown, as web-based sales of both ‘essentials’ increased during the pandemic.

Revenue for video game and cannabis sales using bitcoin saw a 50% increase among the 100 e-commerce merchants surveyed by Blockonomics. The research states:

Cannabis orders are up: people are buying more weed than ever, with revenue up over 50%. I mean, what else are you going to do at home? 💨

Likewise, the lockdown has also turned people towards video games as a means of distraction. The data do not specify whether the people buying cannabis were the same people buying video games–but experience suggests there might be a…

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