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You generally can't exchange cash for Bitcoin all that easily. You need some part of the fiat electronic banking system to get from cash to Bitcoin.
by MattGaiser 5y ago
You generally can't exchange cash for Bitcoin all that easily. You need some part of the fiat electronic banking system to get from cash to Bitcoin.
- dan-robertson 5y agoI think if you’re a criminal with a lot of Bitcoins you can do it. One way is through exchange insiders taking a bunch of your balance and giving you a bag of cash (but you sell your coins to them at a discount of course.) See eg https://cybernews.com/security/how-we-applied-to-work-with-ransomware-gang/ https://cybernews.com/security/how-we-applied-to-work-with-r...