ian balina the founder of cryptocurrency intelligence company token metrics says bitcoins are the greatest investment opportunity of our generation major fashion businesses like alza house of carver overstockcom and egifter accept bitcoins as payment showing that virtual currency is becoming a big wave take etsy over 90 sellers accept bitcoins gyft sells gift cards against bitcoins for many retailers and restaurants globally including viabestbuy kickasskombat the global online martial arts store takes bitcoins these are the signs of broader adoption internationally and not just that created in 2008 and rising in virtual existence by 2009 bitcoins took a giant conversion during the pandemic hit by covid19 however if you have been one of those early birds who got bitcoins best worms and are looking for merchants who accept them then look no furtherbirth of bitcoinsit was 2008 when the recession had hit hard creating a financial crisis along came geek mastermind satoshi nakamoto the pseudonym regarded as the founder of bitcoin bitcoin was developed as a decentralised digital currency free from governmental oversight this cryptocurrency was stored on a computer and sent between users across a network without the need for an institution of government intermediary getting kind of an identity of a new kid playing on the dark web during its first year miners and computers involved in cryptocurrency creation traded bitcoins for fun the very first actual bitcoin transaction occurred in florida on may 22 2010 when a man bought two papa johns pizzas worth 25 for 10000 bitcoins which summed to 41 then as of november 3 2020 one bitcoin is worth around 1368870 which means the bitcoin used to buy those two pizzas would now be worth nearly 137 millionwhy buy btcthe lure of investing in bitcoins is a result of not only an abundance of positive sentiment around it but its also well calculated and analysed with varying degrees of success some investors compare bitcoin to gold as a potential store of value as it increases in relative worth against gold unlike flat currencies bitcoins cant be hyperinflated its blockchain is coded so that there will never be more than 21 million bitcoins in existence and there are approximately 28 million left to mine says steve ehrlich ceo and cofounder at voyager digital in stamford connecticut the leverage of this crypto asset should rise as demand outstrips supply and total supply is capped with global understanding and life turning digital with virtual shopping to communications its highly recommended to get your skills brushed up with this crypto asset to be a safeguard against inflation and geopolitical uncertaintydifferent sectors accepting bitcoins as payment the existing as well as upcoming online stores globally have started accepting cryptocurrency in various countries starting from america followed by canada then russia japan singapore south africa malaysia london hongkong australia korea and france to slowly gaining recognition in india unlike earlier its now legal to buy and sell bitcoins in india however there are only a