Paying for Bitcoin is Simpler and Easier Than Many People Suspect
Although it has received plenty of attention in the mainstream press, Bitcoin remains a mystery to many people. Part of that is due to the virtually inscrutable cryptographic system that underlies it; few people can be expected to unravel that web of algorithms and complex formulas. On the other hand, there has also been quite a bit of confusion regarding the more practical side of the currency.Many people who are interested in it, for example, have been stopped short by questions like "can I use debit cards to pay for bitcoins?" It might seem a little silly for such a prominent development to still be veiled in problems like this, but the fact is that there are typically some pretty simple answers.In the case of debit cards, for example, the fact is that many of the modern Bitcoin exchanges do allow for such direct methods of payment. A big reason for the confusion here is that this was not the case a couple of years back, when virtually every exchange insisted upon bank transfers as the sole means of funding.As they have matured and become more capable, though, the exchanges that dominate the scene today have become much more inclined toward customer service. That means that many of the top options now accept the risk of reversible payment methods like debit cards, even knowing that they will incur some losses by doing so.The question of how to pay for bitcoin, then, is no longer the stumbling block that it used to be. In fact, users of most of the major exchanges today have at least as many options as do those who shop online with merchants like Amazon and its competitors. What was once an understandable source of confusion, then, is now much less of one, even if some issues still remain from the earlier days of the currency.While it may take some time to shed these lingering sources of uncertainty, it seems likely that the necessary progress will inevitably come before too long. That is good news for both Bitcoin in general and the many people who have already become used to using it, for it means that new fans are sure to arrive over the coming months and years.