How to Use Bitcoin

Whether you buy Bitcoin or earn Bitcoin, it's important to take full control of it. Taking full control of your Bitcoin transforms it into freedom money.

Freedom money is money no one can censor, freeze, or seize — and if you can download an app, you can have it.

Bitcoin is a Long Term Savings Account

Bitcoin is best used as a long term savings account. Because the value can go up and down in the short term, it's important to only put money in that you don't need to use for several years.

Over the long term, Bitcoin is a much better savings account than dollars which consistently lose value due to inflation.

Step 1

Buy Bitcoin

You may already have an app that gives you access to Bitcoin. Here are some of our favorite apps for buying Bitcoin:

After you get some Bitcoin, it's important that you take full control of it. Here's how:

Step 2

Take Full Control

If you leave your Bitcoin in the app where you bought it, you don't get any of the freedom benefits. The same is true if you buy a Bitcoin ETF — no freedom benefits, no withdrawals, and you'll pay a fee every year.

To use your Bitcoin as freedom money, simply withdraw it from the app where you bought it to a wallet you control. If you can download an app, you can take full control of your Bitcoin.

Step 3

Earn Bitcoin

There's a growing movement of people saying "Pay me in Bitcoin!" Whether you're a pro athlete or a regular person, you can be paid in Bitcoin. You can start asking to be paid in Bitcoin too.

Step 4

Spend Bitcoin

Millions of businesses now accept Bitcoin. Thanks to Square, any merchant that uses a Square terminal can accept it. You can find a map of those merchants right inside the Cash App.

You can also explore a worldwide map of Bitcoin-accepting businesses, or shop online for products sold exclusively for Bitcoin.

Learn more about Bitcoin

You don't need to wait for election day to vote for better money. Bitcoin is better money — and you can start using it today.