What can you actually do with a bitcoin?
Buy real physical assets like tulip bulbs
“What can you actually do with a bitcoin?”
It can be used as currency in various online vendors. At one point, I think Papa John’s Pizza took it, I do not know if they still do.
https://cryptomaniaks.com/latest-cryptocurrency-news/where-can-i-spend-bitcoin
You can buy a Tesla car with Bitcoin.
Either, 1) exchange for any currency in the world or 2) use directly with vendors that accept it.
I traded some of mine for this:
And this...
Here’s a search engine for finding products; https://spendabit.co/
Here’s another; https://bitcoinwide.com/
List of places the take Bitcoin; https://cryptomaniaks.com/latest-cryptocurrency-news/where-can-i-spend-bitcoin
Microsoft and Overstock.com accept them.
It’s also an investment and it’s only one of many hundreds of cryptocurrencies.
Due to the lockdowns, a lot of people must have got into it because some have gained in value by 500% in 2020.
There are also stablecoins that are tied to fiat currency like USD.
Saw a thread here recently on something Andrew Torba of GAB wrote and he mentioned getting into Bitcoin. I just decided to at least find out what cryptocurrency is and have been reading about it most of the day.