You may be holding, or hodling, bitcoin, trading them against dollar, euro, pound, or yen, and looking in disbelief how a once hyped cryptocurrency has lost over 50% of its value within a few months. Thus the world of the speculative bitcoin. Then again, it was invented as an alternative currency to existing government-issued currencies. As the only real use for currencies is to exchange them for products and services, why not use your bitcoin to start using them in the manner for which they were originally created: to purchase something.