What are the most common uses of Bitcoin?

[zhangxie29152784]

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

The fundamental source of bitcoin prices is the value of bitcoin, which is derived from its use. The main purpose of bitcoin is to pay for remittances.

As is known to all, capital flows across space are cost effective, and the cost of capital flow is reflected by card handling fee, inter-bank fee, long-distance/transnational remittance fee and currency conversion fee. The essence of cost is the cost of government and bank's bloated staff, site, equipment and so on. More importantly, the government tends to restrict the flow of funds across borders in the form of foreign exchange controls, while the BTC is unaffected by foreign exchange controls.

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[jayco25]

Common use of bitcoin is as follows

1. Often used bitcoin to buy ICO's
2. Online shopping accept bitcoin as payment.
3. Buy and Sell altcoins on exchanges.
4. Online payment for bills.
5.Use bitcoin to covert in to FIAT

#Datarius

[Marinarose]

I am a newbie here in bitcoin  i think the most common uses of this is to save money.. Buy a roundtrip tiket it u want to travel.. Food and others

[zynan]

As for me, I commonly use bitcoin for sending and receiving money and converting it to fiat, because some of the things I want to buy online are not yet accepting bitcoin, so I'm using my bitcoin all the time to convert it to fiat money. And Of course we often use bitcoin to buy altcoins in market trading sites.

[CJPEREZ]

What is bitcoin?the bitcoin is a digital currency that can be converted into our physical money and can be transfer in different part of the world. The bitcoin can be use as payment system of the online buy and sell. And also can use as payment to buy other coins in crypto currency.

[Jheddi]

Bitcoin is a crypto currency on an open source blockchain. You use it in a very similar fashion to how you do online banking or Paypal, except the benefit is that there are low fees and because there’s no central authority nobody can tell you who you can or can’t pay, nobody can put a hold on your funds, etc like Paypal sometimes does. The common man can use Bitcoin very easily using Coinbase. It’s completely legal to use.

[Vinz2017]

Earn by btc trading,
Peer to peer payment
Earn by mining

[syaripudin]

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

of the few things you mentioned bitcoin is a virtual currency that can be used as a way of transacting online. and besides that, of course, now bitcoin is a financial asset as a form of crypto investment that has the highest asset value when compared with other forms of investment. so if you are interested of course you can also do investment activities with bitcoin.

[claydeey]

There are lots uses of Bitcoin and it functions like fiat money because it has all the fundamental function a fiat money have. It could also mean business when you trade Bitcoin in trading sites, it could also be an investment while holding your Bitcoin.

[dangwapo311]

Bitcoin has been used as an asset more than being used as a currency which was its original purpose. Because of the high price of bitcoin, people have been investing an holding it to earn profit rather than using it to purchase goods. I believe that one day, bitcoin will go back to it's main purpose to become a widely accepted currency that people will use rather than being an asset like gold.

[signup01]

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

I think it is better and very useful because at this time in the country I have not been able to do it all because bitcoin is still prohibited for sale and purchase transactions in my country today

[chengyinoing]

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

I think there are many USES for bitcoin, but the most common one is its cross-border transfer function. If needed, people don't have to go to the bank to spend huge amounts of money transferring fees and cumbersome procedures.

Another is that more and more people are using bitcoin as an investment tool.

[PalindromemordnilaP]

Earn by btc trading,
Peer to peer payment
Earn by mining

I think what the OP would like to know bitcoin's usage and not how to earn it. Anyway, peer to peer payment is one of the uses of bitcoin and talking about payment, you can use it as payment of goods or services locally or across other countries with less payment. That's what banks are afraid of because they can't get anymore charges when someone sent money abroad because transaction in the blockchain is decentralized.

[imperror]

I think gambling is the most common use of Bitcoin  because actually people are buying Bitcoin to gambling at the start , it's about 7 years ago.

[JoshMart]

Personally I use my Bitcoins as currency and asset. As currency, I can shop online, book and purchase flights, pay for food, products, services even hotel accommodations anywhere at anytime of the day, As an asset i can use it for trading as well as for investment.

[karloscimot]

Among the uses of bitcoin.
if in my opinion
where we find and collect profits from buying and selling bitcoins.
we can use to buy something we want of course after we exchange with our country currency. except in certain countries that allow bitcon to be used as a transaction tool .

[harbin55]

The most common uses of bitcoin are it can be use in purchasing goods in malls. It can be also use for sending money to your love-ones without getting yourself too much tired.
I must say it is more convenient to use. Bitcoin is also tranferrable especially if you want to send immediately.

[Prettyme]

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

Well we can use bitcoin also as our part time income or a source of income. Honestly we can't never deny the fact a lot of us here using bitcoin for financial assistance and that is what i do and there's nothing wrong with it because I am doing good with bitcoin. Bitcoin is really a big help in decreasing poverty as long as we know how to respond with it.

[lisasteca]

I think the bitcoin is impractical to use in the purchase of goods. A bitcoin is worth $ 8,000 so the price of a commodity in bitcoin is always a very low figure with too many decimals.

[Vinodam]

Bitcoin is a digital currency and worldwide payment system. Seen as the world foremost digital currency.
Bitcoin can be used or spend on:
1. Flights ticket
2. Pay fees
3. purchase website template
4. buy items in Superstores
5. make donations