jayboi on Nostr: …continued from previous post How Bitcoin is been Used - Medium of Exchange: ...
…continued from previous post
How Bitcoin is been Used
- Medium of Exchange: Bitcoin can be used to buy goods and services online and, increasingly, in physical stores. Some businesses accept Bitcoin as a payment method, either directly or through payment processors that convert it into fiat currency.
- Store of Value: Many people view Bitcoin as a DIGITAL GOLD, using it as a store of value to protect against inflation and economic instability. Due to its limited supply and increasing demand, Bitcoin has often appreciated in value over time.
- Investment Asset: Bitcoin is also seen as an investment asset. Investors buy and hold Bitcoin with the expectation that its value will rise, similar to how they might invest in stocks or real estate.
Read previous post here: https://primal.net/e/note1j7g69kam38qhlmltfq66wjndftkh5zewl4w6auqy65jn6vremwzsc5kgw8
#bitcoin #nostr #newbie #learnbitcoin #btc
How Bitcoin is been Used
- Medium of Exchange: Bitcoin can be used to buy goods and services online and, increasingly, in physical stores. Some businesses accept Bitcoin as a payment method, either directly or through payment processors that convert it into fiat currency.
- Store of Value: Many people view Bitcoin as a DIGITAL GOLD, using it as a store of value to protect against inflation and economic instability. Due to its limited supply and increasing demand, Bitcoin has often appreciated in value over time.
- Investment Asset: Bitcoin is also seen as an investment asset. Investors buy and hold Bitcoin with the expectation that its value will rise, similar to how they might invest in stocks or real estate.
Read previous post here: https://primal.net/e/note1j7g69kam38qhlmltfq66wjndftkh5zewl4w6auqy65jn6vremwzsc5kgw8
#bitcoin #nostr #newbie #learnbitcoin #btc