Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Why I am buying bitcoins - and why I am keeping them.
by
John_Davis
on 30/07/2018, 06:36:19 UTC
⭐ Merited by LoyceV (1)
Excellent post! This is a very valid argument for the merits of bitcoin and the value it has in terms of usage.

It's great that buying bitcoin is becoming more accessible. That also means that it is becoming more easily monitored, however. Easier access for you means easier access for them. So if it's something that you're trying to avoid being noticed for, extra precautions need to be taken of course.

The thing that amazes me about bitcoin now is that you can literally walk into a shop with cash in hand to purchase it. Or you can meet a fellow from localbitcoins who will take your cash and send you coins. It's about as anonymous as it gets. Or is it? Could these people be working for the tax authorities?