

What is the use of Bitcoin? Revealing the 8 practical application scenarios of digital currency, 90% of people only know how to speculate in coins
Jul 08, 2025 pm 06:24 PMWhen many people mention Bitcoin, their first reaction is price fluctuations and speculative behavior. However, this view ignores its core value as a technological innovation. This article will reveal to you the real use of Bitcoin beyond speculation by analyzing its multiple practical application scenarios, helping you understand why it is regarded as a revolutionary invention.
Recommended official website registration address of mainstream cryptocurrency exchange in 2025:
Ouyi OKX:
Binance Binance :
Gateio Sesame Opening :
Huobi htx: [
Payment and transfer
Bitcoin’s original design goal was a peer-to-peer electronic cash system. It allows users to directly make global transfers without financial intermediaries such as banks. Compared with traditional cross-border remittances, the handling fee for Bitcoin transfers is usually lower and the payment speed is faster , especially when handling large international payments, its advantages are more obvious. This process is entirely based on a decentralized network, ensuring transaction autonomy.
Store of value
Since its total amount is constant at 21 million , Bitcoin is scarce, which makes it regarded by many as a kind of "digital gold". In some economically unstable environments, some users will choose to hold Bitcoin to hedge the inflationary risks of their own currencies as a means of store of value to protect personal wealth.
Smart contracts and decentralized applications
Although the smart contract platform is most famous for Ethereum, the Bitcoin network also has the ability to execute simple smart contracts through second-layer solutions such as Lightning Network. This provides the possibility for automated and programmable transactions and has spawned some exploration of decentralized applications (DApps), making them not only currency, but also the infrastructure of programmable finance .
More practical application scenarios
In addition to the above main functions, Bitcoin and its underlying technologies are also constantly expanding their application boundaries. The following are some specific scenarios:
1. Cross-border remittance: Provide inclusive financial services to individuals without bank accounts in developing regions, significantly reducing the cost and time of international remittances.
2. Digital identity verification: Take advantage of the immutability of blockchain to create a secure, user-controlled digital identity to reduce dependence on centralized institutions.
3. Small payment (micro transaction): Through technologies such as Lightning Network, real-time and low-cost micro transactions are achieved, which are very suitable for scenarios such as content rewards and online services paying on demand.
4. Charity donation: The destination of the donation is open and transparent on the blockchain, and the flow of each fund can be traced, greatly enhancing the credibility of public welfare undertakings .
5. Asset digitalization: Real-world assets such as real estate and art can be tokenized on-chain to improve the asset segmentation ability and liquidity and allow more people to participate in investment.
The above is the detailed content of What is the use of Bitcoin? Revealing the 8 practical application scenarios of digital currency, 90% of people only know how to speculate in coins. For more information, please follow other related articles on the PHP Chinese website!

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