Originally posted by Juggernog
Can someone just answer this?
Is bitcoin dependent on an external funding source or not?
You can buy bitcoins with cash at a 7-11, so if that's your definition of "external funding source" then yes, bitcoin requires an external funding
source. (the exception is to mine for them, but that's not something you just do as it requires a significant investment of time, GPU hardware and
Are you in the U.S.?
Do you have an Android? If so, install BitcoinSpinner. Click "buy bitcoins" and fill out the form.
Or, from a Windows or Mac or iPad, etc, here's what you do:
1.) Get a wallet (free)
(Bookmarket the URL it gives you just in case)
2.) Enter the order for how much of Bitcoins you wish to buy:
Choose "Pay To: bitcoin address" and paste the Bitcoin address from Instawallet.
(fees will take a little, so buy about 10% more than you need.)
3.) Take the receipt to the bank or location e.g., 7-11, Walmart, CVS, etc. and hand over the cash.
Less than an hour later you should have bitcoins in your Instawallet.
4.) When ordering your VPN, it will give you their bitcoin address. In Instawallet, paste that address and amount and click Send payment.
In about an hour or less they'll receive your payment.
5.) With whatever balance you have left, donate it, gamble, send it to a buddy (Coinapult to e-mail or Mobile), etc.
Still not convinced?
You can get a free sample of bitcoins.
1.) Get your Instawallet
Or use the Instawallet app for Android.
2.) Visit the Faucet
Enter the Bitcoin address from your Instawallet.
In about an hour or maybe more you'll have a balance in your Instawallet. It won't be enough to buy hardly anything with, but you can send it to
someone else (Coinapult to their e-mail address or SMS).
If you'ld like to know the ways to buy bitcoins:
[Edit: Fix the URL, Instwallet.org not .com]
edit on 25-6-2012 by sgornick because: (no reason given)
edit on 25-6-2012 by
sgornick because: typo