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What Can Bitcoin Buy (Can Bitcoin Be Used to Buy Things)?

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What can Bitcoin buy? According to official sources, what can Bitcoin buy? In th

What Can Bitcoin Buy (Can Bitcoin Be Used to Buy Things)?

What can Bitcoin buy? According to official sources, what can Bitcoin buy? In the world of digital asset investment, it can be divided into three categories: the first category is investment through buying and holding BTC, ETH, and other cryptocurrencies; the second category is trading with various types of coins, such as Ethereum or Ripple, and so on; the third category is futures contract products. These are determined by groups of different types of investors to choose the range of their investment portfolios and the types of products they choose. These currencies also need to be evaluated and adjusted for risks according to their own circumstances.

Can Bitcoin Be Used to Buy Things?

Can Bitcoin be used to buy things? This is difficult to achieve in the cryptocurrency world. Since 2013, some people have used cryptocurrencies as a means of storing value. Some even believed at the end of 2017 that “buy now and sell later.” However, at that time, no authoritative institution could prove its true function: “If I believe Bitcoin can be used better, we will find that it is more suitable as a payment tool.”

So the question arises, “Why can Bitcoin still be used to buy goods?” In fact, many people only see Bitcoin as a speculative asset and have not considered blockchain projects in their true sense. “Because Bitcoin is a decentralized network, a consensus protocol, and a digital recording mechanism, you don’t need to trust a third party to create this system, thereby making it truly trustworthy and transparent, and conducting transactions through this technology. But you cannot simply convert Bitcoin into other things—such as gold or oil,” someone agreed with this statement.

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