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Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. Buying Bitcoin is getting easier by the day and the legitimacy of the exchanges and wallets is growing as well. Key Takeaways The value of Bitcoin is derived from its adoption as a store of value and payment system, as well as its finite supply and decreasing inflation.

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With the growing popularity, bitcoin has gained acceptance in a lot more sectors and the general outlook of cryptocurrencies has been very positive. What can you do with a Bitcoin? Travel and Tourism Tel and tourism.

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Many stores now accept Bitcoin as a payment method Image: Shutterstock In brief Though Bitcoin is commonly seen as a speculative instrument, it was actually designed as a payment system. A wide range of online merchants now accept Bitcoin as a payment method. Products and services you can buy with Bitcoin include video games, VPNs, artworks and even holidays.