Recently on Bitcoin - The Bedrock of Crypto currencies, I stated a brief history of Bitcoin which arguably is the source point to other Crypto currencies.
It's my Crypto journey remember so, today let's look at the uses of Bitcoin.
Bitcoin like everyone knows is the most popular Crypto currency across the globe, this may be because of its history of emergence and its worth now.
So many are yet to know the uses of Bitcoin and I'll be listing some major uses of Bitcoin as we get through this article.
Uses Of Bitcoin
Exchange -
The aim if I'm not mistaken is to achieve a Peer to Peer virtual transaction were there would be no central governance.
So, with Bitcoin you can perform vast transactions including Exchange.
Buying & Selling
With Bitcoin, buying and selling is absolutely possible through merchants who equally uses Crypto.
Investment
Lot's of investors have gone virtual, with Bitcoin. You can also invest using bitcoin.
Hiding Assets
Now this may sound weird but it's definitely true, one may decide to convert his money into Bitcoin just to hide it from the Central government.
And lots more....
Now having known the usefulness of Bitcoin, I am sure you would want to own it and that will be leading me to writing how to own Bitcoin in my next article.
Great article