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Well, you don't necessarily need to cash out to USD to withdraw from MtGox. Instead, you can transfer to an offline wallet with a few physical and/or cloud+encr
by stuhood 13y ago
Well, you don't necessarily need to cash out to USD to withdraw from MtGox. Instead, you can transfer to an offline wallet with a few physical and/or cloud+encrypted backups.
- zachlatta 13y agoMy point is that the USD price on Mt. Gox isn't accurate because it isn't liquid. If money comes in, but never comes out, how can you know that money is worth x amount? If I give someone x money and they give me something in return that they say is worth the same amount of money that I gave them, but I can't actually get that amount for it, is it really worth that much?