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There must be an entry point. After you bought you BTC, you can withdraw it, and use it to pay for things, store privately etc.
by EVa5I7bHFq9mnYK 6y ago
There must be an entry point. After you bought you BTC, you can withdraw it, and use it to pay for things, store privately etc.
- anonisko 6y agoA true cypherpunk would say that everyone should just start earning bitcoin directly to enter.
- EVa5I7bHFq9mnYK 6y agoTrue) I hired developers for Bitcoin directly and through Fiverr - they used to have a Bitcoin payment option.
- codehalo 6y agoThat is not possible without some kind of bootstrapping mechanism.
- anonisko 6y agoI suppose you mean it's not possible without some sense of the value in relation to existing value networks? And this is the bootstrapping that fiat exchanges provide?