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One can use a Bitcoin to transact online or buy things like manicures, pizza or web-hosting.Bitcoins became famous after its introduction in 2009 because of its features. For example, as mentioned earlier, transactions using Bitcoin can be done anonymously. Additionally, Bitcoin is used online meaning that the transaction can be conducted in any part of the world. Because of such features tied to Bitcoin, transactions can be done without any regulation from the government. In addition, Bitcoin cannot be charged like normal currencies.