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I understand the networking concept of the coin, but I am not sure I understand the purchase process.

Let's say I have 1000$ that I want to spend on Bitcoins, who do I give this money to?

cdecker
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yonso
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1 Answers1

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You give the money to someone who has bitcoins available to sell to you.

This might happen via an exchange such as bitstamp.net which matches buyers and sellers.

npad
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