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Comment by incision | Hacker News Reader

I have some bitcoin that I've been sitting on for 2 years which I'd like to liquidate, but the spotty track record of bitcoin exchanges makes me wary of providing the kind of identifying/financial information that seems to be required.

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You could probably sell some in person if you live in a major metro area; for example if you're in SF I'll buy them off you today (in person).

Why would you buy bit coin? What value does it have for you?

You think it's hard to hire developers right now? Well guess what, there are a bunch of talented ones who only want payment in Bitcoin.

Wha? Who? Super-secretive coders that you can only talk to via the darknets?

Edit: Perhaps a sentient paperclip maximizer with no other way of interacting with the human financial system:

http://lesswrong.com/lw/4cs/making_money_with_bitcoin/

What possible reason could they have for that? How do you file it a business expense?

How would you file it if you paid someone in Euros?

Really? I'd like to know more about this, if true that would be an interesting development.

He probably means blackhats.

More than likely.

Only up to the point where they need to pay rent, buy food, pay taxes, or otherwise live their lives in the real world. When those things happen, those hypothetical developers will go running to a Bitcoin exchange to get their nation's currency (and they'll be pretty unhappy if there is a sudden, unexpected fluctuation in the price of Bitcoin).

This is the first time I hear about this. Could you tell us how many talented developers there are in the "bunch"?

I'm one of them. I don't even accept new clients unless they come via referral. But if you have some juicy bitcoin, it's a different story.

Trade your bitcoins in FOREX markets (CAD or GBP) and you'll make more money.

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