How to use bitcoin

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Bitcoin was the first major cryptocurrency, founded in 2009. An increasing number of retailers accept bitcoin as payment.

While bitcoin acts as a currency in some ways, it’s taxed like other financial investments, and it’s important to understand the tax consequences of using or selling your bitcoin.

To date, not many retailers accept bitcoin, payment networks that convert bitcoin make it easier for consumers to spend. And there are already many ways to buy bitcoin on online exchange sites, including you can exchange paypal to bitcoin https://www.bestchange.com/paypal-usd-to-bitcoin.html , as well as receiving it from a friend, or accepting it as payment for a good or service.