How do you use bitcoin?

[Twentyonepaylots]

How you say. Most people even in countries where it is okay to use bitcoins and crypto, still just hodls on their coins, sometimes fkrgetting they are even there. This is actually a great tactic, as it keeps you from FUD and enables you to think rationally as losses aren't under your radar. Nonetheless a lot of people also use bitcoins in trading and finance. So there's that.

[Machine Funk]

Mostly to be paid and for ordering digital things online. I will use fiat for local things and online I use crypto unless I am forced to use bank transfer or paypal or other.
Bitcoin is easier and cheaper for me.

In 2017 bitcoin was banned by our goverment to become a currency in my country.
Now, Bitcoin is legal as a commodity here. However, it still can’t be used as a currency.
We called it digital asset or crypto asset instead of cryptocurrency.

Personally I have never spend my bitcoin for something, online or offline.
But, sometime I got paid with bitcoin for services that I provided (cross border payment).

I exchange some of my bitcoin into fiat, I also trade and hodl it.
Currently, I want to invest my profit into stocks.
I am not a bitcoin-die-hard who hodl bitcoin and doing nothing about it.
(Maybe I am bad about it)

You can still use it. Noone will know. You have the right to accept whatever you want as payment.

[Banulit]

As of this moment in our country there is no problem that crypto most especially bitcoin legally which we are openly using it as mode of payment in some online purchases and also we make it as part of our investment and assets.

[matchi2011]

How you say. Most people even in countries where it is okay to use bitcoins and crypto, still just hodls on their coins, sometimes fkrgetting they are even there. This is actually a great tactic, as it keeps you from FUD and enables you to think rationally as losses aren't under your radar. Nonetheless a lot of people also use bitcoins in trading and finance. So there's that.

Great strategy if you are using spare money, don't use your hold coins knowing that day will come that the value will be more higher than the last time you purchased it.

For some they tend to use it as investment tool but for others who are really into development, using bitcoin for their needs as mode of transactions is also very effective, especially those who are dealing between borders.

[samputin]

Bitcoin is very famous, but the countries that accept it for transactions are very few and so is my country. To use Bitcoin I have to convert it to a form and then consume it. This is not too complicated.

I'd go with this one too. If it's not legal in our country, then I'd just convert it to fiat and then use it that way. That simple. But as of the moment, even if bitcoin is not illegal in our country, I still convert it to fiat before I use it for certain transactions. It's because of the fact that not many stores, merchants, and/or establishments accept bitcoin as a mode of payment. Maybe in the near future, merchants will consider bitcoin and accept it. Then that'd be the time that I can use bitcoin directly.

[AicecreaME]

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.

Using cryptocurrency in those countries in which Bitcoin is illegal is very risky because you're risking your money, effort, and you might just end up in jail. The most ideal thing to do I guess is if you really want to have cryptocurrency, then talk to a friend of your in a country that cryptocurrency is supported, make a corpo between you guys, like he's going to be your pilot or middleman. What I mean of friend is the one you really trusted and you know overall personally to avoid getting scammed or whatsoever.

[catur123]

In my country as long as it does not harm my country there is no problem with bitcoin trading.
And in my country to use my own bitcoin must be exchanged for money in my country before I can shop.

[LimLims]

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.

Bitcoin are still illegal at many countries. But people still using Bitcoins in their own country.
According to me using Bitcoin is no harm untill and unless any bad intentions are emphasis on it.
I normally use Bitcoins to get Payments for the micro jobs that i do.
Then i sell it through P2P trades as exchanges ask for KYC.
It's as simple like that.

[shide2020]

I am new in using bitcoin so i don't know more about bitcoin and need more guideline on how to use bitcoin. I will be happy if you can assists me.

Thank you.

[sort_cirkit]

According to me using Bitcoin is no harm untill and unless any bad intentions are emphasis on it.

Any transaction with bad intentions is illegal in any country but the government of any country has not been able to stop it yet and it does not seem possible in the future. Their headaches only focus on bitcoin. They want to be emotionally spontaneous by blaming Bitcoin for not being able to resist big wrongs.

[judas]

I have no problem using Bitcoin in my country and there isn't any regulation yet. I usually use Bitcoin for investing purposes and buying some things. I really like using it for buying coffee etc. . Because I can pay for it easily from my phone.

[bayu7adi]

Due to differences in regulations of each country, I as an individual in my country can only make purchases and store them in the custodian wallet. Public is not allowed to use BTC for buying and selling transactions either online or offline in my country. Bitcoin is currently only a commodity futures, not allowed to be used to replace the official currency formed by government banking.

I think this is sufficient because most people's goal is to use Bitcoin as an investment. Although the white paper written by Satoshi may be the main objective is to replace the banking system as a transaction tool that is not controlled by any party. Even so, transactions using Bitcoin still take a long time and are also high fees, to buy a cup of coffee.

[SATWAT]

Few years back I was very upset due to some money movement as banks taking some good fees and taking long time for settling transactions but as I involved in bitcoin now feeling very happy and secure because its giving me good security and independence now I can do many things which was not possible before this bitcoin money movement is very quick and secure and I can buy sell and trade things without any problem using this bitcoin is really big advantage for me even living in third world developing country because too many restrictions and problems but this give big advantage.

[Willitivity]

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.

Yeah true, bitcoin is not officially accepted in any country yet from what I know, and about how I use my earned bitcoins, well since there are no merchants ready to embrace the new technology (BTC) in my country, what I simply do is to go on localbitcoin and simply trade my bitcoin for fiat currency, since that's the only currency I can use to buy what I want in my country, it would have been really cool to be able to use bitcoin to purchase items, but sadly the government is against it.

[hossamdz]

at the moment there is not way to track bitcoin , means government cant really know if you are holding, trading bitcoin if you dont say anything , so there is lot of people in my country here interested about buying bitcoin against my local currency so simply i sell them my bitcoin from time to time

[kaziataul80]

In my country still bitcoin is not acceptable. Crypto currency are banned there but still i use it as a local client. If i earn some bitcoin via trading bounties,airdrop, Mining , then i have a client who bought it from me with fiat currency. Although i can use kucoin P2P market for exchange with fiat currency. But we need to patient to accepted by government. And i store my all crypto asset in CEX exchange,  It's risky but i can't store in own wallet because they cost too much fee for each btc usdt transection.😓

[oprahwindfury]

Here are restrictions in some country samely llike mine about Bitcoin.So,I use this for the online based work or mostly buy/sell sector and I also ttrade bitcoin and covert it into Fiat. So,This is one of the easiest and favourite thing of mine.

[ardentvolcanoes]

Here are restrictions in some country samely llike mine about Bitcoin.So,I use this for the online based work or mostly buy/sell sector and I also ttrade bitcoin and covert it into Fiat. So,This is one of the easiest and favourite thing of mine.

that's the simplest but effective ways to use bitcoin, there are countries that still restricting the usages of bitcoin without proper knowledge they are

seeing that this system still a threat for their financial system, but with the use of internet you can continue enjoying your assets as what you mentioned,

trading or buying online is commonly being used.

[johnrobin]

Since there are not many who accept bitcoins as payment, I mainly use bitcoin to trade and earn from its increase in value.

[Ratash]

In my country there is no legal way to purchase bitcoin  and the only one is on the blackmarket there are some facebook groups where you can find interested people you can sell or buy bitcoin from in exchange of fiat but you have to be carefull not to be scamed and its better to do it face to face.