Minichan

Topic: What is the point of bitcoins?

Anonymous A started this discussion 15 years ago #5,401

I've heard of them being used on Tor for "illegitimate" purposes but outside of that I see no use for them. Is there any business that actually accepts these things as payment?

TTEH !IzK9KJ2nYY joined in and replied with this 15 years ago, 4 minutes later[^] [v] #94,920

@OP
> Is there any business that actually accepts these things as payment?
Yes, there are quite a lot. https://en.bitcoin.it/wiki/Trade

(Edited 42 seconds later.)

TTEH !IzK9KJ2nYY double-posted this 15 years ago, 30 seconds later, 5 minutes after the original post[^] [v] #94,921

http://www.youtube.com/watch?v=Um63OQz3bjo

FUD !dLadyGAgAA joined in and replied with this 15 years ago, 2 minutes later, 7 minutes after the original post[^] [v] #94,925

They are used by pedophiles to purchase child porn and child slaves.

Bitcoins !5qPJGR/JRI joined in and replied with this 15 years ago, 28 seconds later, 8 minutes after the original post[^] [v] #94,926

There are many uses for them.

- You can transfer money to anyone without having to deal with banks. No fees!
- No one can seize your assets.
- No country (or anyone) controls Bitcoins so no one can just print a lot more and inflate the currency.
- It's anonymous.

Yes, it's ideal for illegitimate stuff. On the other hand it takes the power out of the government, which some people might like. It's convenient.

And yes, some legitimate businesses accept Bitcoins. You can buy socks with them!

It's like digital gold. Very useful.

protip !!pMmAiEwOm joined in and replied with this 15 years ago, 1 hour later, 1 hour after the original post[^] [v] #95,027

They give aspies something to waste time on.
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