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From Bitcoin you can convert some of your holdings into dollars in an exchange or in Ripple.
by gasull 14y ago
From Bitcoin you can convert some of your holdings into dollars in an exchange or in Ripple.
- rdl 14y agoYes, but the problem is the initial exchange. If you buy BTC from a Chinese provider (which is what you're going to do -- if you had a way to spend money internationally, you'd just go direct to S&P 500), that transaction exists forever. It's not hard to believe the Chinese government would roll up Chinese exchanges to get records, and then you're doomed, even if the value has been moved onward -- they'll just hold you/execute you/whatever.
- gasull 14y agoThere's a new Tor hidden service, TorBroker, that allows you to buy US securities anonymously using Bitcoin and the Tor network. It's like The Silk Road for stocks. http://www.thebitcointrader.com/2013/04/torbroker-silk-road-of-stock-brokers.html http://www.thebitcointrader.com/2013/04/torbroker-silk-road-... To whoever is thinking of trying this: 1) Beware they haven't built any reputation yet. 2) Find a good guide about how to anonymize your bitcoins.