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Serious question; where does all the money come from to run these operations (eg. the miners)? I mean I haven't seen any legitimate use of bitcoin advertised f
by kisstheblade 11y ago
Serious question; where does all the money come from to run these operations (eg. the miners)?
I mean I haven't seen any legitimate use of bitcoin advertised for consumers. So who is using bitcoins for transactions?
Is this like with torrenting where people keep telling "there are legitimate uses for it like downloading linux iso:s" but in reality 99% of the traffic is illegal.
I'm thinking that bitcoin is used mainly for money transfer for illegal stuff (drugs etc.), because I haven't read or heard about any legitimate large scale use of it (exept maybe speculation, so does the money for this come from somekind of ponzi scheme then? Or maybe investors really believe that some day this will be a large legal enterprise?)
- yjgyhj 11y agoSomeone who isn't me is using bitcoin when moving abroad - last few years he's been living in different countries in Asia & Europe. His ATM is localbitcoins.com. Has been nice to meet nerds from all over the world, and way way cheaper than the crazy fees I pay for ATM withdrawals outside of his banking country