Bitcoin coins illustration 3d 1514665441Jby Why should you care about Bitcoin It is all about the Money

Why should you care about Bitcoin?! It is all about the Money

YOU CAN USE BITCOINS TO PURCHASE THINGS FROM PEOPLE WHO ACCEPT BITCOIN AS A FORM OF PAYMENT.

Why should you care about Bitcoin?! It is all about the Money

You might be thinking,why should I care?  Well its all about the Money! If places like subway are accepting Bitcoins you know its time to wise up. As these coins are digital, they can be transferred over the internet  with minimal or no fees or currency transaction costs. Basically you can think of bitcoins like tokens that can be used for peer to peer barter. Obviously the peers need to be willing to part with their services or goods in exchange for Bitcoins, with the confidence that the same can be used to acquire products or services from other suppliers.

Emerging Usage Initially, it was only accepted by very tech-savvy websites. Unfortunately, early on some of these were less than reputable by nature, which led to some bad press about Bitcoins. However Bitcoin is fast becoming mainstream , everyone has at least heard of Bitcoins, even if they do not fully understand it. The more main stream it becomes the more real world applications emerge.

TODAY AN EVER INCREASING NUMBER OF ONLINE STORES ARE STARTING TO ACCEPT BITCOINS.

This includes some of the major gift-card retailers, which means you can (in a sense) use Bitcoins to pay for items from any number of stores that don’t directly take the currency. There are now ATMs that will dispense local cash converted from Bitcoin accounts.You can find them in many countries. The first ATM was launched in Canada in October in 2013, and more recently the first such ATM in Australia was launched in Sydney.

Spread the love
  • Pinit fg en rect gray 20 Why should you care about Bitcoin It is all about the Money
READ  Gold-Backed Crypto Token's Promoter Investigated by Florida Regulators

Related Posts

Cryptocurrency 144036 Will Cryptocurrency Replace Money In The Future

Will Cryptocurrency Replace Money In The Future?

The possibility that cryptocurrency replaces money in the future? What seems to be the problemRead More

Spread the love
Payment war sunrise digital background 172976 Coronavirus Impacts On Cashless Society Cryptocurrency

Coronavirus Impacts On Cashless Society, Cryptocurrency

Is the coronavirus a way for the government elite to speed up the process ofRead More

Spread the love
Survey1 1024x526 1 Cryptocurrencies United States dollar XRP to USD Dogecoin

Cryptocurrencies, United States dollar (XRP to USD) Dogecoin

United States dollar (XRP to USD) It helps to create synthetic assets (Synths) for monitoringRead More

Spread the love

Leave a Reply