Many people read about bitcoin on the internet or see a news report on the new technology and think that it is too complicated for them. They feel that they don't need to investigate any further because they are happy with services like PayPal and Venmo. We think that bitcoin is important and here are some cryptocurrency uses cases that demonstrate our point.
TRADING
Cryptocurrency Trading has become big business and there are now tons of cryptocurrency exchanges like BitStamp, Kraken, Coinbase and Bitmex that allow you to trade bitcoin, litecoin, zcash, monero, dash, bcash and more. During the bull market of 2017, many cryptocurrency traders made enough money to retire. Recommended Site: CoinBase
ASSET PROTECTION
Right now an angry ex husband/wife or ex business partner can go to the courts and have all your assets frozen. Or maybe you are living in a corrupt country where officials can seize your assets. With bitcoin, nobody can steal your life's work. Just use a hardware wallet and it's impossible for anyone to take your money. Recommended Site: Trezor
ONLINE GAMBLING
It might seem hard to believe but in the United States of America, the land of the free, it is still illegal to play online poker or wager on the NFL in many states. Thankfully with bitcoin you can ignore these anti gambling laws and gamble at your favorite sportsbook, casino or poker room. Recommended Site: Bitcoin Gambling
INVESTMENT
The global economy is currently being fueled by quantitive easing and low interest rates. We are going through a stock market and housing bubble that is sure to pop. To protect yourself, you should invest a percentage of your portfolio in bitcoin and other cryptocurrencies as they are uncorrelated. Recommended Site: Coin Market Cap
