Cryptocurrency is big news, and it only looks set to become more and more popular as time goes on.
Whether or not Bitcoin will survive for the duration, the fact is that many other blockchains will likely rise and fall, and there will always be some kind of cryptocurrency for you to work with. One of the most commonly-spoken downsides of this kind of currency is that it might seem to be less useful than other, traditional, forms of currency. However, the truth is that you can do most things with cryptocurrency, more than most people would imagine at any rate. With that in mind, let’s look into some of the surprising things you can do with your cryptocurrency stash.
If you are wondering about the value of constantly changing money back and forth between crypto and classic, then one great way to get around this is to be paid directly in cryptocurrency. More and more people are doing this all the time, and it might just turn out to be the next big way to get paid. Many employers are starting to see the value of paying their employees in this way: it is easy, fast, there are no fees, and it is done in an instant. If you want to make cryptocurrency much more a part of your daily life, then choosing to get paid in this way is a great way to do so.
Paying for property
The fact is that you can do pretty much anything you would be able to do with traditional currencies with new cryptocurrencies. Every common thing in your life could easily be done this way. You can, for example, pay for your home using this kind of currency, so long as the recipient is in agreement with that situation. If you like, you can use you cryptocurrency to rent flats, buy houses, and gradually work your way up the property ladder. There is no reason to think that you can’t do everything you would normally want to do with cryptocurrency: you absolutely can.
When you come across a donation box on a website, there is another great opportunity for you to use bitcoin or another cryptocurrency. For charities, this might prove to be especially valuable. After all, often your donations will only end up half being in the pockets of those it is intended for. But when you pay with a cryptocurrency, the P2P nature of it means that you can be sure the money is actually going where you want it to go. This is a great example of how cryptocurrency can be much more effective and trustworthy than many traditional currencies. It can also allow your donations to be anonymous, which might be useful in a range of situations that could crop up for you.
There are so many uses of cryptocurrency that it is impossible to list them all, but it is worth remembering that it is a viable option for most things in your life.