Bitcoin News - Buy to use your Wallet
In this blog post, I will write about Bitcoin usage
. Actually the usage of all important cryptocurrencies which can be Bitcoin, Bitcoin Cash, Litecoin, Ripple, Monero, Ethereum... The key thing is the usage; the adoption of these cryptos by merchants. No matter it is small retailers or individual businesses. The important thing is that we must start using cryptocurrency otherwise the whole opportunity we have to control our lives with blockchain technology will be lost. We are experiencing a high volatility due to some regulations and barriers. Most of these barriers were built by BTC investors. I mean, the key here is not invest in Bitcoin
and wait for a huge increase in the price to sell and win money. The correct thing is to use Bitcoin to buy goods and services
and give priority to businesses that accept the cryptocurrency as payment methods.
"If we do not dive fully into Crypto and use the Blockchain as a way to enhance our lives and the world around us, instead of just collecting coins hoping for a Bull market, then our greed will have killed the greatest opportunity yet offered to mankind." - John McAfee
Buy Bitcoins regardless the price to use your wallet, not for investment
I completely agree with John McAfee and we must start using the Bitcoin in our every-day needs. This will give us more privacy and security. On early days, we have seen governments shutting down crypto exchangers around the globe. They were all centralized offices. Now, the exchanges are distributed systems, peer-to-peer, allowing everyone to exchange with no government interference. This means we can control our lives and our money. We can take back the control or stay slaves of governments and central banks dictating what we must do and how much we must pay. Not to mention the data leaks and surveillance we are all submitted to.
There are important advances in the bitcoin usage. For example, the art collectors and investors can use cryptocurrency to buy crypto-art or own a share of a famous artwork in a museum abroad. This is the innovative use of cryptocurrency in Art
which is growing fast.
You can also book your travel or vacation package paying with cryptocurrency. You can book a hotel with bitcoin and buy air tickets with bitcoin... and also rent a car! I am doing it every time I need to travel for business or leisure through www.cheapair.com. CheapAir accepts Bitcoin, BitcoinCash, Litecoin, and Dash.
Gaming sites are adopting cryptocurrencies more than ever. This is also because millennials are very used to the cryptocurrency market. Millennials don't trust in banks and prefer to use crypto (I read this in a research
). So, most of Bitcoin casinos
are loved by this new generation that will use crypto to guarantee some extra privacy. The gaming sites adopting cryptos also offer interesting welcome promotions to attract these crypto-generation and you can even get free Bitcoin
to start playing.
There is a lot of online business accepting and paying using crypto. I work with some affiliate agreements and one of them are only paying with bitcoin. There is no other way I can receive my payments unless bitcoin. Others are giving me the opportunity to choose from wire transfer, Bitcoin (and other cryptos), paypal, neteller etc. I always pick bitcoin when available.
There are important big conferences in the US, UK, Malta, Russia... there are important names (investors, developers) envolved in the crypto world developing new applications. Calvin Ayre
has a bitcoin & cryptocurrency news resource. Calvin is a big supporter of BitcoinCash. John McAfee is also very active on developments and always present in conferences. Winklevoss twins also are always present. Kim Dotcom
is also constantly on twiter sending some updates on his new endeavour called k.im which he claims to be a new way to monetize your content using bitcoin. It will be a new content platform accepting bitcoin on both subscription and access mode. There are a lot of things going on...
Also, some attempts to launch debit cards using cryptos will give a huge push on the whole thing. Again, the key factor is the usage. We must put cryptos to be used and give the priority to businesses adopting cryptos.
Blockchain will change everything
Blockchain is here to give the power and the control back to you, so, there are a lot of efforts to avoid it. The best thing is that Bitcoin and other Blockchain applications won't die. It is a matter of time to this whole new thing being used worldwide. There are a lot of institutions fearing it and creating (trying to create) barriers to stop it.
Nothing will stop Bitcoin and other Blockchain applications.
Can you imagine these organizations without your information? They won't know what you are doing, what are you buying, where you are spending your money. The worst for them is that they won't make any money on you, because you are your own bank. This is a thousand year tradition that will shift and nothing will stop it.
The best thing, and most people don't know it, it is very easy to start. I wrote a blog post to help you on create your wallet and start buying Bitcoin or other cryptos to usage or for investment. Read here How to start a Bitcoin wallet
I will update this post regularly with more information about Bitcoin. Keep an eye on it!