Some Cool Things You Can Do With Bitcoin and Dogecoin

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Bitcoin has become highly popular, and today there are millions of people who use it. But for the most part, it's just another way to pay for goods or services, and it's still questionable if it has much value to the vast majority of people. That said, here are a few interesting things you can do with bitcoin.

1. Invest
Make no mistake, investing in bitcoin or dogecoincan be highly speculative, and the price volatility is probably too much for most people to stomach. That said, there is a potential the price will skyrocket if it becomes widely used. Therefore, people who like to speculate, and want to invest in something cutting edge may want to take a look at investing in some bitcoins. There is a bitcoin ETF (ticker: GTBC) you may want to consider if you don't want to own bitcoin yourself but want to invest in it.

2. Mine
This is one of the major ways in which people make bitcoin. To "mine" bitcoin, you'll need a high-power computer called an ASIC to solve complex math problems which in turn will allow you to create new bitcoin. The cost of running such computers, however, is quite high since they drain a lot of electricity. It's also important to note that mining is not as profitable as it once was, and a lot of mining is dominated by large companies that have shelves and shelves of high-powered machines that run 24/7.

3. Gamble
If anonymous gambling sounds appealing to you, you can sign up with a bitcoin or dogecoin casino. Right now, there are just a handful of online casinos that accept bitcoin, but this number is bound to grow by leaps and bounds in the coming years. You can view some casinos where you can play bitcoin slots and other games by going to At most casinos, you can play dozens of games, including many favorites like video poker, slots, poker, and many other casino games.

4. Purchase regular goods and services
More and more retailers online are beginning to accept bitcoin, so you can buy regular goods and services using bitcoin. One advantage of doing this is that the transaction fees for using bitcoin are much lower than the fees you'd pay when you use traditional payment methods like Paypal or credit cards. It's only a matter of time until just about every major retailer will accept bitcoin as a form of payment. We may still be years away from that, but that day is almost certain to come.