but if you follow that trail it ends in ‘real’ money.
say you buy 1kg of coke for 1BTC, that seller then has to sell that Bitcoin for Dollars or whatever their actual currency is. The end effect is the same, crypto goes into exchange, someone else is hopefully willing to hold it for Dollars, price goes down.
They’ll have to sell too eventually, not much you can do with Bitcoin.
good point
deleted by creator
They can buy a shit tons of drugs
but if you follow that trail it ends in ‘real’ money.
say you buy 1kg of coke for 1BTC, that seller then has to sell that Bitcoin for Dollars or whatever their actual currency is. The end effect is the same, crypto goes into exchange, someone else is hopefully willing to hold it for Dollars, price goes down.