Re:Ask HN: Should I buy Bitcoins or is it too late?
by paulcole on Wednesday August 16, 2017 @03:47PM
(#15030621)
> it's an easy-to-use currency
Is it though? As a US citizen with access to checking/savings accounts, cash, and credit cards:
1. How do I safely buy, store, and sell Bitcoin without getting ripped off somehow
2. Where/how can I spend my Bitcoin? Only online or are there any real stores that take it too?
This is a serious question and one I've never heard a clear answer to. I used to be very into sports betting but the process of legitimately getting money into an account and back out was always a big turn off.
It feels like the same is true of Bitcoin but I'd love to be proven wrong.
Is it though? As a US citizen with access to checking/savings accounts, cash, and credit cards:
1. How do I safely buy, store, and sell Bitcoin without getting ripped off somehow
2. Where/how can I spend my Bitcoin? Only online or are there any real stores that take it too?
This is a serious question and one I've never heard a clear answer to. I used to be very into sports betting but the process of legitimately getting money into an account and back out was always a big turn off.
It feels like the same is true of Bitcoin but I'd love to be proven wrong.