Topic: The applications of Bitcoin - page 2. (Read 949 times)
Just wanted to point out a correction here: "you buy when the price is high and sell when the price is low" it should be the other way, Buy when is low and Sell when is high. I use it mainly for purchasing digital goods, some micro payments and soon in exchange for carrying large amount of cash when travelling abroad.
What do you use the currency for?
As most people on this forum know, Bitcoin, and the technology it runs on, Blockchain, is capable of doing a lot of things. To the layman, Bitcoin is like shares; you buy when the low is high and sell when the price is high. Bitcoin can be used to verify identities, send money across the world, securely store money in a place cheaper than a bank and the list goes on. As we see consensus in Hong Kong, 2016 may very well be the year of Bitcoin.
What do you use the currency for?
What do you use the currency for?
For me, this currency is just like the other currencies. I use it as a medium of exchange, to buy anything that I need. That's why I'm really hopping on the awareness of all of the people in this world to start accepting Bitcoin as a money.
As most people on this forum know, Bitcoin, and the technology it runs on, Blockchain, is capable of doing a lot of things. To the layman, Bitcoin is like shares; you buy when the price is high and sell when the price is low. BBitcoin can be used to verify identities, send money across the world, securely store money in a place cheaper than a bank and the list goes on. As we see consensus in Hong Kong, 2016 may very well be the year of Bitcoin.
What do you use the currency for?
What do you use the currency for?
Jump to: