The uses Of Bitcoin

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Written by
4 years ago

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.

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Avatar for Bestie
Written by
4 years ago

Comments

Great article

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4 years ago

interesting article thanks for sharing

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4 years ago

Thanks for sharing your information

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4 years ago

Cool, but is it true that when buying BITCOIN most Times on some applications, it usually involves a third party transaction?

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4 years ago

Yeah, Blockchain transactions do not.

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4 years ago

Oh, that was why my friend was scammed

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4 years ago

Hi bestie already signed up in hashrange your link and invest in begginer.

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4 years ago

When was that, please let's talk on Facebook. Drop your username

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4 years ago

My FB Ron Aquino

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4 years ago

Like this article

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4 years ago

Thank you

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4 years ago

Bitcoin has many uses and i see crypto overthrow fiat money in the new future nice write-up

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4 years ago

Thanks 😊

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4 years ago

liked this

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4 years ago

ow i like the way he hides it hehe

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4 years ago

Thanks for sharing your information

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4 years ago

Wow amazing, Great idea

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4 years ago

Wow thanks dear.... It’s helps me more 😊

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4 years ago

what an idea! Thanks a lote for your topic and that great thinking.

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4 years ago

Nice... Tnx for sharing your information πŸ‘πŸ€πŸ”

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4 years ago

Thanks too for dropping by

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4 years ago

I don't know much about bitcoin cash. And I couldn't find anything reliable about how to know. But I found out a lot about bitcoin cash through your article. Thank you. For informing all of us about bitcoin cash.

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4 years ago

You are welcome 😊

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4 years ago

Thanks for this information

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4 years ago

I am a new user of Bitcoin Cash. I have no deep knowledge about Bitcoin. You have given me a rough idea about Bitcoin Cash through your article. Thank you very much.

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4 years ago

There's a big difference between Bitcoin and Bitcoin cash

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4 years ago