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If you don't mind me asking, what do you buy with them? I know of only a few things that are only acquirable via Bitcoins, or that couldn't be acquired more che
by drivebyacct2 14y ago
If you don't mind me asking, what do you buy with them? I know of only a few things that are only acquirable via Bitcoins, or that couldn't be acquired more cheaply using dollars.
- redthrowaway 14y agoLots of online services, from hosting to DNS to VPNs accept bitcoins. Several online stores accept them, and they're a good way to donate to, eg, Wikileaks or the Manning Defense Fund. As far as the cost of using them, while it is non-zero, some of us just want to do our part in establishing a currency and surrounding ecosystem that is free from gov't, corporate, and other meddling. Thus we accept the small hit in price.
- ghshephard 14y agoMy guess is that 99% of the non-speculative drivers for BitCoin currency are purchases from SilkRoad.
- drivebyacct2 14y agoI lack the courage or foolishness to make such purchases.
- ghshephard 14y agoNot everything on Silk Road is particularly illegal. And I'm sure the LEA have better things to do with their time than chase down some consumer of 1200mg of modafinil.
- 385668 14y agoSeveral friends of mine prefer to pay for their VPNs anonymously, they get two VPNs, pay with bitcoin, don't give their name to the VPNs, and tunnel one into the other for pretty much complete anonymity online, provided they don't do something stupid like log into facebook from the VPN.