The amazing usages of Crypto in real world
Whenever we hear about cryptos, the first thing to come in our mind is that how to use it apart from making some profit. For example, even if you make some profit in crypto, how would you use it? Well, there are multiple ways of using your cryptos.
When Nakamoto invented such a unique thing for the economy, he only wanted this to be used as the main-stream money. He created when there was a great depression going all over the world. In an economical unstable situation, Nakamoto created the first cryptocurrency which was about to change the world in the future. However, no one really cared about it in the initial stages. Now, the situation is completely different though.
Even, there is a particularly strange case of bitcoin with pizza. One guy announced once that he was willing to pay someone ten thousand bitcoins which would buy him two pizzas. Well, he had found to buy him pizzas with that, so he paid him ten thousand cryptos. While the incident was taking place, little did he know what the future was holding for the cryptocurrency.
If he had knew, he would have never done that because that much of bitcoins are now worth millions. This incident became so famous that the day is still celebrated as the pizza day since then.
Therefore, make thoughtful moves with cryptos. When you are interested in the subject, you need some genuine places to find the genuine prices and deals. One such site that provides you with all your requirements is BitAlpha AI.
How to use bitcoin in real life
Here are all the possible methods of using Bitcoin which can make you some real money by using the crypto assets.
Private transactions
In the crypto world, there are various tokens that protect your privacy even when you are transacting. Therefore, whenever you need to make some transactions secret and private, you can easily use the privacy tokens such as PIVX, Monero, ZEC, etc.
So, you can simply save some money on the transaction as it is secret. Your bank does not get aware of your transactions. Transfer with low cost
When you want to transact a huge amount of money but are not willing to pay such high transactional costs, you need to turn towards cryptos again. Tokens like Litecoin only take few minutes even when you are sending a huge amount of it. For 99 million USD worth Litecoin will not take more than three minutes to reach the receiver’s fund. Moreover, you only have to spend an amount of 0.40 USD as the transactional cost.
It is possible because there is no intermediary who will take a share of the fee. When you send someone money through the bank, the bank takes a good amount for transaction as middle man. In case of cryptos, you are using the database itself that only charges a nominal amount of your money for the maintenance.
Buy things with bitcoins
It is no secret anymore that people can make payments with bitcoin. This decentralised crypto can be of multiple usages based on the product and services one need to buy. There are many both online and offline services who accepts crypto or bitcoin payments. Here they are:
- PayPal
As we need to make digital payments off the shore, the first thing that we use is the PayPal. PayPal used to gather businesses in the earlier days. Therefore, they started collaborating with bitcoin.
- Etsy
In simple words, Etsy cannot take direct bitcoin payments. However, they have multiple merchants who make the business much bigger. Those merchants on the platforms are allowed to take payments in bitcoin for the products they provide. So, it makes Etsy a huge scope for crypto to flourish.
- HomeDepot
HomeDepot is by far the largest store for all your home based needs. It has a huge customer base and the best part is they take the bitcoin in exchange of their products.
These are only some of the ways. When you explore more, you will find handful of other options as well. Thus, it is time to let go off your physical assets and concentrate on your virtual ones now!