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Actually, at first, Bitcoin was used more often in the dark market. It is often used for illegal activities because there is no need for a middleman in the transactions. Now, as it is more widely used, it has already attracted quite a number of investors and it will attract even more if criticisms are lessened.
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We will have to wait for establishments to adapt the acceptance of Bitcoin so that it could be used even on local goods and services.
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There are many ways in which Bitcoin can be used. We also know that this has been used in the dark market but it would be a lot better if we use it on better platforms and more professional purposes.
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Unregistered (1 )
The regulations or any positive actions from financial institutions would have a great influence on Bitcoin.
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Of course we want bitcoin more progress in many ways not only in single usage. We want more increase for both,trading,investment,payment method and many more because we want it to become more useful and useable in different ways and aspect. As the demand keep on growing i think the usage of bitcoin also increase in different criteria. Like fiat money because it is used daily by the people ,the usage of it is very high.
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I think bitcoin has increased usage in all of those directions, bitcoin isn't growing just one way, it's growing to everywhere, now we see more casinos online, more gambling options, more investing options, even more dark markets and more local sites accepting btc. So, bitcoin isn't taking one way, it's growing as an economy.
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Many people would choose to invest in Bitcoin if the government would find a way to regulate the coin.
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The demand will increase once people realized the significant purpose of Bitcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
In what way bitcoin gets increased usage?
Investment
Gambling asset
Trading asset
Alternate payment
Darkweb source
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.