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 Originally Posted by MadMojoMonkey
Can you liquidate that value?
People talk about bitcoin like it has no real value. As someone who owns bitcoins, can you use them to purchase anything? or can you sell your bitcoins for real monies?
A BTC wallet is a lot like a poker site wallet and I'll be cashing mine out before xmas.
There are plenty of businesses (and private sellers) that accept BTC in payment for goods and services, but I'd rather turn it into ~$350 cash and go from there.
The crazy inflation this year is sure to bottom out at some point, but as long as it stays above $1k per coin then it's still a good year for any pre 2017 investor
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