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    Default What do bitcoins do?

    can you buy stuff online with them, etc.? what do they do??

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    Watch this. It might answer some of your questions.

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    Quote Originally Posted by Kay Drizzle View Post
    can you buy stuff online with them, etc.? what do they do??
    More and more businesses are accepting bitcoin everyday.

    bitcoin is a virtual currency that exists solely on the internet, think of it as internet money. The good things about it are that it's not regulated by any bank, government, entity, or person. You can transfer money to someone across the planet in a matter of minutes without a third parts getting involved.

    most of you are probably too young to deal with shit like this, but banks do everything they can to take your money from you. If you wanted to wire someone money that lives in china, well there's 100 hoops you have to jump through: bank fee's, wire fees, transactions fees, conversion fees, fees fess feeeeees!!!! so to send $100 might cost you $120. wtf!

    with btc you only pay a small transaction fee and that's it. your btc goes to your buddy in china, and he gets the btc deposited into his wallet, no need to go from dollars to yuan, btc is a global currency.

    oh yeah, no taxes!

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    BTC: 1AidsG8MHF4cEN6KpY1mhJPBhXtms65GVE

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