Posted on 09/08/2013 4:53:50 PM PDT by markomalley
The first time Ryan Johnson bought Bitcoins — an emerging digital currency that isn't controlled by any authority such as a central bank — was with a pocket full of cash from a stranger he had met online.
"It was almost like a sketchy drug deal," recalls the 31-year-old Vancouver resident.
Since that first transaction in January, Johnson has been exchanging his Canadian cash for digital currency at Bitcoiniacs, a physical store in Vancouver that acts like a Bitcoin broker.
"It's just much more comfortable to go sit down in an office at a brick-and-mortar building with a professional that knows a lot about Bitcoins, do a professional transaction and get a receipt for it," says Johnson. "It's reassuring."
Soon, Johnson and other Canadian Bitcoin enthusiasts will be able to exchange Canadian cash for the digital currency through a kiosk that's similar to an ATM.
(Excerpt) Read more at cbc.ca ...
Bitcoin— Beloved of drug dealers world-wide
Thanks for posting,
Naaah. Drug cartels prefer dollars. And the banksters are more than happy to launder them.
An interesting experiment in digital currency. Lots of Cypriots are wishing they had a bitcoin wallet instead of a bank account.
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