Three Totally Ridiculous Bitcoin Questions from a Total Newbie

Hey everyone. So here I am, trying to get my head around Bitcoin and Blockchain stuff. I’ve got three questions to kick things off (might have more if I don’t get it, you’ve been warned!) that are probably super easy for you all but, hey, I’m just starting out... First off, if Bitcoin is worth a ton of money, how do you actually spend it? Like, if I walk into a store that says 'I ACCEPT BITCOIN' and I’ve got one Bitcoin but just wanna buy something for (let's say) 50 bucks, how do they give me change? What can I use to break down a Bitcoin into everyday spending? Haven’t seen any sites saying 'WE ACCEPT BITCOIN!' Second question: I haven’t noticed any websites saying 'BITCOIN WELCOME HERE' or anything like that, so what’s the real use of Bitcoin? From what I gather (and correct me if I’m wrong), it’s meant to be a universal currency. But with one Bitcoin being so pricey and no clear way to break it down into smaller amounts like we do with dollars and cents, how do you actually use it? And where can you spend it? I haven’t found any places yet that take Bitcoin. And my last question for now: since I’ve not seen any sites that accept Bitcoin and there’s no way to split it into smaller values, why is it suddenly so valuable? What’s the deal with it? (Sorry for cramming two questions into one!) It feels like walking into a store with a $100 bill and trying to buy something that costs 50 cents, and the shopkeeper just says 'No way, man.'

There is something called change in Bitcoin, in this case the amount you are spending is sent to the receiver and the others is sent back to you. This handle by the Bitcoin Network itself and not the receiver. The change Address Concept What is the "Change" address on bitcoin wallet bitcoin has smaller units, while satoshi is the smallest unit of bitcoin: BTC/SAT/μBTC/mBTC [Did you know?] Bitcoin Table of Units There are many platforms/services accepting bitcoin online while there are even debit cards that can be funded with bitcoin & crypto: Big List of Crypto Debit Cards . Also, bitcoin is a universal currency because as long as both parties accept to used it as a means of payment, it doesn't have any barrier, faster and cheaper, when making cross-border transactions. Also it decentralize nature can not be over emphasized. The value of bitcoin is set by us, it depends on how we in the market view it

How do you pay $0.50 in dollars if you have $10? Dollars have 2 decimals, Bitcoin has 8. "Change" can be any amount. Your wallet takes care of this on it's own: if you send a certain amount, it creates sends Bitcoin to that address, and sends the change back to one of it's own addresses. I have This doesn't seem like a technical question. Let's keep it short: peer-to-peer money without central control, without infinite inflation, and can be used worldwide while nobody can stop it. That didn't exist until Bitcoin. Scarcity. The real question you should be asking is: why is your dollar losing value every day?

You can divide Bitcoin as small as 0.00000001 (1 satoshi). Assuming 1 BTC is $100000 and you only want to send $50, what you need to do is send $50 worth of Bitcoin to the seller and the rest to your Bitcoin address. Take note, 1. In practice, "Your address B" will receive slightly less than 0.9995 BTC due to TX fee. 2. Most Bitcoin wallet handle the hard part, so you just need to enter seller address and amount that'll be received by seller. Search "who accepts Bitcoin" on Google search. Your assumption is wrong, since Bitcoin can be split or break down. But if you're looking for short answer, i'll include this image from Investorpedia website. Source: https://www.investopedia.com/ask/answers/100314/why-do-bitcoins-have-value.asp

There are a ton of online service providers that accept Bitcoin, just not most of the mainstream websites. You have to look around to find them, but they exist. It's mostly the payment processor who is responsible for advertising Bitcoin payment support, so you're not going to see the website itself having a "bitcoin accepted here" picture, they will just ask you if you want to pay in cryptocurrencies.

I pay my Dish TV bill every month with Bitcoin:

The value of Bitcoin is, in particular, that it is decentralized. I am not inclined to consider Bitcoin an ideal means of payment for small purchases (there are many other payment methods for this). Bitcoin is more of an alternative financial system. If you have a ledger (cryptocurrency wallet) with bitcoins, then in fact you have your own pocket bank. You can transfer funds to your counterparty abroad and you do not need to coordinate this transaction with a representative of a commercial bank (who, after lengthy approvals and verification of your documents, may refuse to carry out this transaction). Bitcoin transactions are not censored and this is the value of the first cryptocurrency. And you can buy a cup of coffee with fiat currency.