uses of bitcoin


The research and questions focus on BITCOIN methods around the world. Bitcoin is one of the best assets in the world that cannot be confiscated by any power or authority. It is essential that you keep your bitcoin secret. Do not allow it or tell someone that you are with bitcoins to hold this property. By buying your crypto in cash with other customers, the possibility is limited that your bitcoin is connected to your government identity. You can now secure and store bitcoin without having the phobia of tax evasion and hide assets during a divorce.
You understand better than buying bitcoin directly from an online trading market such as coinbase is very different than buying BTM or buying it because coinbase wants to use your digital personality, that is, to say that they really know who you are and your bank account is also with them. Although BTMs may just as well need your identity, you can replace them as another person if you have your credit card. Identity with you, that is, they can identify the buyer, but with palm print.
But if you pay them, it means that the government identifier is not your numerical identifier. The purchase of bitcoins is the best anonymous process to buy bitcoin in person.

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The danger of connecting or linking your acquisition of bitcoin to your identity is that if you are an encryption vendor who allows people to deposit money directly into your bank account, it is risky and it will make the road difficult. Gavin Wood, who created Ethereum, noticed it in a robust way when FinCEN asked him to launder money. Now, let's look at the use of bitcoin.
It can be used to donate to entities that the government does not like. Bitcoin can also be used to buy property and play in jurisdictions that are not accepted by the government.
It can hide some of the spouse's property and buy services that the government does not like. Bitcoin can also be used to transfer assets from one country to another, such as Chinese who buy mines to convert funds into bitcoins.
ACCEPTANCE


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Most small and large retailers do not accept CRYPTOCURRENCY as a method of payment. Many people prefer to keep some of their wealth in preserved bitcoins, where the central authority cannot compete.
Bitcoin has pseudonymous characteristics, that is, bitcoin members can be seen with public keys rather than being identified by their real identity. For some people, this process creates the desired desire or level of confidentiality, unlike the traditional digital payment system. This situation occurs in a place where many people rise against violent partners and work outside the prison of oppressive governments. But unfortunately, there are disadvantages to privacy, so the possibility of Bitcoin helps for criminal and erroneous reasons.
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