What is a Bitcoin?

A Bitcoin (BTC) is an anonymous form of currency explicitly designed for internet transactions. One Bitcoin is equivalent to 8,644 US dollars (as of March 2018). The price of a single Bitcoin has been on the rise since 2009 when they were first established as a legitimate form of currency. The frequent change in price is not always a good thing, in December of 2017 bitcoin managed to peak at $19,000 per coin. If you bought a bitcoin back then, your $19,000's would now have shrunk itself down to $8,644 without the purchase of anything. This price changes based on what the public believes the coin is worth. Cryptocurrency works like a stock. If every bitcoin seller were to come together and sell their Bitcoins at $100,000 per coin, they could do that. This type of thing doesn't happen in a capitalistic society, however. There will always be someone trying to sell for cheaper.

Where Are Bitcoins Used? 

Bitcoins are primarily used on the deep/dark web but there are still legal places to spend your coin. Purse.io is a website on the surface web created and designed by Amazon. You get 15% off all Amazon products if use Bitcoins. Bitcoins have a darker side too though... The dark web markets everything from fake name brand shoes, to live murders. So the question arises, why Bitcoins?

Why use Bitcoins?

Bitcoins are anonymous and untraceable. The primary market on the Dark web is directed towards drugs and/or weaponry. If you were to use a visa card the government would be all over you! The purchase would be traceable, leaving your identity open to the drug/gun dealer, the web owner, and the investigators that are dedicated to tracking down purchases on the Dark Web. Bitcoins ultimately make the transaction anonymous and untraceable.

Why Are They Untraceable? 

While Bitcoins aren't entirely untraceable, Law enforcement has to make several guesses along the way while decrypting bitcoin transactions. This infographic by ScienceMag.org does a very nice job of describing a typical transaction on the Dark Web. Ultimately, sellers are considerably more susceptible to getting caught trafficking any sort of narcotic.

How To Use Bitcoins?

First, you will need a Bitcoin wallet. A bitcoin wallet acts just like a physical wallet would. It's a secure place for you to store your money until you wish to buy something. Some of these wallets have monthly fees for extra security measures. The cheapest type of wallet I've come across is a block-chain wallet. You can also mine for Bitcoins in your black-chain wallet if you don't trust your wallet enough with your credit card information, and are just trying to test the waters with minuscule amounts of Bitcoin. The Bitcoin wallet holds your Bitcoins and adds a firewall through the website so hackers can't take your crypto-currency.

Where Can You Get Bitcoin?

You can buy secure Bitcoins from indacoin.com, xapo.com, and multisigna.com. If you visit 'Bitcoin.com' and click "Buy Bitcoins" you will be prompted with a bigger list of Bitcoin sellers.
After you have your Bitcoin(s) you want to visit a site that uses them. Purse.io would be a great place to start. You can buy something cheap, like a box of crayons, or 10 dollar gift card for Amazon. If that purchase works, you have successfully made your first Bitcoin purchase! Next stop: the Dark web! ... Well maybe.