Bitcoin is different to traditional money. Bitcoin wasn’t created by a government or central bank, so it can’t be controlled by anyone. Crypto doesn’t have that liberalization requirement, since it has blockchain technology at the core. The technology ensures that Bitcoin will remain decentralized over time, making things much more difficult to meddle with for governments and businesses seeking to “take back control” of their currencies.
What does it mean when you use bitcoins? And how do I use them?
The main benefit of crypto is its anonymity. You don’t need an account in person nor a credit card. When sending Bitcoins, you simply choose the amount you want sent and click send on your mobile device! With no personal info required, identity theft and fraud becomes impossible as well as untraceable. Sending cryptocurrency via email and messaging platforms like Skype and Whatsapp (both WhatsApp and Telegram support BTC) offers another level of privacy without disrupting communication on those platforms — but please make sure you verify who you’re sending to first before doing so! Besides simply sending cryptocurrency as payment for goods or services like babysitting, exchanges such as cryptoswap offer other ways to cash out such as opening up bills as collateral (similar to margin trading). If enough people exchange their Bitcoins for fiat currency via this method then perhaps they could outperform the stock market investment performance wise!