Bitcoin (BTC) refers to a type of currency that only exists online. It’s a very popular currency that doesn’t really have any physical form, to begin with. Although there are many people had longed for a tangible way to spend their bitcoins, it’s still is far fetched but might not be that impossible in the not so near future. Today 1 bitcoin equates to $ 7,820.51 USD.
What you should know is that its one of the most important thing that has happened in the world today, for the reason that it gives option for people to break the usual local currency they have, and switch to a more international currency, that can be used anywhere tax free, without the need to convert money from one country to the other. At Least that’s the ultimate goal for bitcoin and although it’s still far from being what its envisioned to be, it’s getting there slowly but surely.
One of the common things that people do with bitcoin is trading it. In recent years if you’re a forex trader, you will see the sudden availability of cryptocurrency in the trading platform. This gives the opportunity for various bitcoin users to get into trading it directly in a more mainstream platform. Its already obvious that bitcoin has solidified its position as a currency that should be respected and if there are people that are still in doubt over it, it might just only mean that that they have some personal reasons of their own.
Use it as payment:
One of the things that you can use bitcoin is for payment. Now you can pay it for various products and services online that accepts them. With so many stores that are acknowledging its use, it’s safe to say that you can already live using it.
Use it to shop online
Use it to play online
Today there are so many uses for bitcoin that its no longer a challenge in using one. Sure there are still many products and services that haven’t accepted it and not to mention your payroll is not in BTC. But it’s growing slowly and surely. After a decade you will be surprised just how easy it is to use it. Don’t get it wrong, its already easy to use it now, but you can expect great things from it in the future.