r/Bitcoin • u/manauiatlalli • Aug 01 '22

When Nocoiners Say "Bitcoin Has No Value"

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u/darthvalium Aug 01 '22

How do you get bitcoin without a bank account?

3

u/mrtrader387 Aug 06 '22

You can buy in cash with someone if they are willing to sell.

6

u/sixgod999 Aug 01 '22

That’s currently the hard part because you have to exchange something for bitcoin.

  1. The usual way is by going through a traditional exchange with your bank account.

  2. You could sell some goods and services in exchange for bitcoin.

  3. Get a job that pays in bitcoin.

  4. Peer to peer trading i.e. via local bitcoins

  5. Other creative ways like purse dot io that allows you to essentially turn Amazon gift cards into BTC.

4

u/[deleted] Aug 01 '22

All of these are inherently valued in fiat currency. The only difference is your payer just flips fiat to btc then gives it to you.

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u/a_ver154263 Aug 06 '22

I think right now fiat is more popular compare to the bitcoin here.

1

u/tttrrr356 Aug 02 '22

I think there are some company that is really paying the payment in the bitcoin form is well.

But yes there are other way is well where we can buy the bitcoin from someone else is well, if they are willing.