Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I have exactly 1 bitcoin and no silk road experience, but IF I sold drugs I might do it like this:

drugs->bitcoins->mt. gox->USD->Dwolla->Bank Account

A buyer would do the above actions in reverse.

As it stands today there are many, many ways to perform that chain of actions. I personally funded my Mt. Gox account with Dwolla because it seemed like the only above the board operation out there.



I think a more typical chain is:

drugs -> USD -> mattress -> grocery store




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: