Bitcoin to us dollar exchange

Most of my guides so far have been written for people who are new to Bitcoin but haven't been targeted towards any particular segment of the population. I'd like to correct that. This guide is going to be a suggestion for the proper way to get into Bitcoin if you are the rare breed of Silicon Valley king who has been doing this combination of business stuff and technology stuff for decades, not that it wouldn't be useful for other people. Most people interested in getting into Bitcoin could benefit from this guide.

Fuck it. Let's just call this a guide on how Paul Graham can get started with Bitcoin. Now why does he need a guide? Paul Graham has this YCombinator thing which incubates startups. Generally how this startup business works is people spread a lot of money over a lot of different startups hoping one or two can grow to the point they can convince other people to pay them enough for their stake in the "successes" to cover the failures they funded and provide funding for further rounds of incubation. The process largely resembles greater fool games and the hot potato BTC gem games that reached popularity with certain crowds earlier this year before being forgotten.

Paul Graham's thing has even funded some Bitcoin startups, but the sum of these efforts has lead to much of anything. Most have amounted to a lot of nothing, unable to sustain anything they set out to do for longer than a few months before swiftly moving their focus to doing something entirely different. One, exactly one, of their Bitcoin Startups does part of what they purport to do reliably. This gem of the batch is Coinbase which is capable of turning small amounts of Bitcoin into small US Dollar deposits to US checking accounts, and is known to be unreliable and unsuitable for the other purposes it advertises itself. CoinBase has been noted many times (( Consult a search engine of your choice for reports on this matter. They are numerous and have been rolling in for quite some time now. )) to be an unreliable way to trade fiat for Bitcoin, and the era of webwallets is over. It is time to take Old Yeller out behind the barn on this broken idea of a web wallet being a Bitcoin wallet in any meaningful sense.

So if you are Paul Graham or another staple of the Silicon Valley VC circuit you might be wondering if there is another way to go about things. The answer is yes Paul Graham, there is indeed a better way. I, your bearded Bitcoin Santa Claus will outline steps you can take to begin your path of discovery to finding ways to more successfully approach this Bitcoin Business.