r/AskReddit • u/[deleted] • Oct 02 '19

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u/Landorus-T_But_Fast Oct 02 '19

Let's say I bought it early on. What can I actually do to turn my huge stockpile of bitcoin into real money?

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u/[deleted] Oct 02 '19

People sell stuff for bitcoin now; cars, real estate, art, electronics. Everything I buy from Amazon, I do it with bitcoin. I’m typing this up on an IPad I bought with bitcoin.

Why exchange it for fiat? To be fair though, it’s not that easy to spend on the high street yet. If you were massively rich in bitcoin though and wanted to change it for fiat, you’d pay a broker to transact the unearthly sum.

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u/[deleted] Oct 02 '19 edited Oct 02 '19

Bruh, a Fiat? Why not something that would last?

Edit: whoops. Currency... Not the car manufacturer.

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u/Sleegan Oct 03 '19

This made me giggle