Bitcoin is, of course, a digital currency and peer-to-peer payment system that was introduced in 2009 as open source software. It makes use of cryptography in controlling the creation and transfer of money. It’s had a strong year in 2013 with its peek price breaking the $1,000 mark and getting a lot of mainstream attention. 2014 is likely to fair even better for bitcoin and here’s why.
Its successfulness largely depends on how many merchants are actually accepting it for payments. In 2013 we’ve seen more and more merchants all over the world accepting the use of bitcoin. Here is just a handful of things you can do with your bitcoin.