Post
Topic
Board Bitcoin Discussion
Re: What are the most common uses of Bitcoin?
by
procryptoguy
on 23/10/2017, 09:31:25 UTC
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.

Basically, you numbers one to three are the same purpose: For Transaction, while number four is investment. Just like one does with fiat too or any other article of value. These two categories are the major uses of the bitcoin.
If you do categorize them then it will just show up 2 things which same as you said it can be used on service and on investment side too.For now some services isnt really available on most countries but yet we can able to see that it is already being adopted on some parts of the world which is good but for those places who arent able to spend or use on services would most likely to use up their bitcoin holdings on investment matters.
Yes you are right as of now most of the country donot support bitcoin and you can say most of them have a legal issue with it ,moreover there are many missuse of bitcoin.But as for now as its price is very fluctuation we can use it for investment mostly.