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Author Topic: How do you use bitcoin?  (Read 2262 times)
aaarmila_k
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April 07, 2021, 04:15:15 PM
 #321

The ideal would be to transfer it to coins that you can use and thus not have problems
MinoRaiola
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April 07, 2021, 06:31:28 PM
 #322

Bitcoin is not for the faint of heart and something else is safe for many. Critics even call Bitcoins a “pyramid scheme”, even the European Central Bank investigated the accusation in a study. The authors did not want to commit themselves, but described Bitcoins as a "high-risk system". Risky investors can, however, invest a small part of their money in Bitcoins in order to benefit from price jumps. And you should always try to use a part of it for a purchase in order to convince others of it.

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DarkDays
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April 07, 2021, 06:43:26 PM
 #323

For me Bitcoin is an asset for storing value and for future capital growth. I have my own spendings using crypto and at times BTC via digital vouchers etc. I also hold my BTC for earning some extra on the side by staking it, as well as trading. There are many other ways to use BTC.

The important thing to remember is that BTC is not just for storing value, and fortunately, in some places value can be derived right away.
Sanugarid
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April 08, 2021, 07:23:58 AM
 #324

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually, if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

The answer is simple, exchange your BTC into fiat money legal to your country through trading platforms such as Binance. Normally, we use the Binance platform for trading and transfer our funds to another wallet like coins. ph to covert into Php.
Indeed, BTC is not yet widely accepted but most developed countries are open for adaptation and legalize digital cryptocurrency,

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