In short, yes. Bitcoin can be used for a wide variety of purposes, some of which may surprise you.
Let’s take a look at some of the most popular uses for Bitcoin.
Bitcoin can be used to purchase goods and services online from merchants that accept the cryptocurrency as payment. You can also use Bitcoin to buy gift cards from a number of popular retailers, including Amazon, Starbucks, and iTunes.
Bitcoin can also be used to make international money transfers. There are a number of companies that specialize in this service, such as BitPay and Coinbase.
Finally, Bitcoin can be used as an investment vehicle. You can purchase Bitcoin on a variety of exchanges and then hold onto it in the hopes that its value will increase over time.