Post
Topic
Board Bitcoin Discussion
Re: If I buy bitcoin from blockchain where does it come from?
by
hasmukh_rawal
on 28/09/2017, 18:15:20 UTC
So I downloaded the app as i was thinking of buy some bitcoin which made me think, "if i buy say, $100 worth of bitcoin with a credit card (or wtv) where does the bitcoin come from? Who's providing it?"

Especially if blockchain.info is just a wallet.

Anyone know?

I have never trusted the mobile app developers and to be honest till now i have never use any bitcoin app in my mobile. I request you to use some laptop or Hardware wallet like Trezor instead of Smartphone. Where in mobile the chances are high to get attacked by the virus. Now if you are buying $100 then it comes from the person who is selling it directly to your wallet, and dont complicate it too much because Bitcoin are created by mining process and this is how it moves on.