what can one buy with it?
Drugs, guns, ITAR-restricted components...but mostly fiat currency balances in conventional banks.
struggling to make the leap that it really has any worth
Nothing has any worth until two parties to a bargain agree that it has.
what can one buy with it? Drugs, guns, ITAR-restricted components...but mostly fiat currency balances in conventional banks.
No!!!! Bitcoin is traceable, those transactions should be made with XMR apparently because it is anonymous and effectively crypto-cash.
No!!!! Bitcoin is traceable
But it can be laundered and fenced like anything else.
@eskay started
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Drugs, guns, ITAR-restricted components...but mostly fiat currency balances in conventional banks.
Nothing has any worth until two parties to a bargain agree that it has.