cdtm
Been looking into how one actually sells bitcoins..
It's not easy. You can't go to the bank and convert your billion dollar hoard into cash.
The only way out, seems to be market places, auctions and such. All which have fee's attached to them.
Or you could trade person to person...
The point is, this seems more a commodity then a currency, and any commidity is only worth as much as someone else is willing to pay. You could be sitting on a theoretical fortune for years without finding a buyer. (Or forever)
It's not easy. You can't go to the bank and convert your billion dollar hoard into cash.
The only way out, seems to be market places, auctions and such. All which have fee's attached to them.
Or you could trade person to person...
The point is, this seems more a commodity then a currency, and any commidity is only worth as much as someone else is willing to pay. You could be sitting on a theoretical fortune for years without finding a buyer. (Or forever)