4 ms·
> Further, nobody accepts Bitcoin for anything material, That's partially true. Off the top of my head you can convert it to bullion fairly easily [1][2] and t
by ryanmercer 7y ago
> Further, nobody accepts Bitcoin for anything material,
That's partially true. Off the top of my head you can convert it to bullion fairly easily [1][2] and there are DNM cash out services on most DNMs too, a lot of trust there but if you spread it out over multiple vendors and smaller transactions you could convert it to physical cash. Each transaction increases your risk of detection by postal police and by just getting ripped off by the seller or the mail carrier though.
[1] for example JM Bullion (and others) accept bitcoin https://www.jmbullion.com/buying-gold-silver-bitcoin-faq/ https://www.jmbullion.com/buying-gold-silver-bitcoin-faq/
[2] some sellers on /r/pmsforsale will accept bitcoin occasionally.