Bitcoin is used to trade goods and services with others or enterprises. Bitcoin is valuable because of the downward pressure on the economy. Bitcoin has a low investment threshold, few restrictions and high returns, so Bitcoin is becoming more and more valuable. Bitcoin still belongs to currency, and the people have already reached a consensus on the value of currency. Bitcoin is easy to operate and is not restricted by any place. More and more people pay attention to the development of bitcoin, and its value will be higher and higher.

Scope of application of bitcoin

1. Buy virtual goods: Bitcoin can buy and pay for all kinds of game props and equipment like online banking and recharging members when the seller supports bitcoin transactions. ;

2. Physical goods can be exchanged abroad: Although domestic physical stores do not support bitcoin purchase and settlement, users can use the currency exchange formula to exchange goods with the same price in stores that can accept bitcoin payment abroad. And the smallest unit of bitcoin conversion is accurate to the bundle. Compared with traditional electronic money, it can realize microtransactions, and users don't have to worry about the exchange price difference between bitcoin and physical goods when purchasing physical goods;

3. Cross-border payment: Compared with the traditional wire transfer swift, this payment method is more convenient, the cost of cross-border payment is shorter, the security of funds is high, and payment is supported 24 hours a day, which greatly reduces the time cost and capital cost of users.