Whay bitcoin? Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoin are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.
Where can i spend it? Many large online businesses accept bitcoin, such as Overstock, Expedia, and Dell. Non-profits such as Wikipedia and the United Way also accept bitcoin donations. Look for a bitcoin payment option at many of your favorite websites and you'll be surprised how many accept bitcoin! You can view a list of merchants here.
What about transfering bitcoins? People can send bitcoins to each other using mobile apps or their computers. It’s similar to sending cash digitally.