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1  Bitcoin / Bitcoin Discussion / Re: New to bitcoin on: April 09, 2011, 12:10:07 PM
Quote from: bitcoin2cash on April 09, 2011, 07:54:50 AM

I'm sorry. Alright, since you don't care about anonymity, you would need to go to some place like mtgox.com and deposit your Bitcoins there. After they are deposited, list them for sale at the current bid price so you can sell them instantly. After you sell them, you will have USD in your account and you can withdraw it from there. Once you have USD you can convert them to whatever local currency you need.

Ok so I have to sell them for dollars first, not euros?
2  Bitcoin / Bitcoin Discussion / Re: New to bitcoin on: April 09, 2011, 07:47:53 AM
Quote from: bitcoin2cash on April 09, 2011, 07:32:54 AM
It would work the same as changing any currency into any other currency. You need to work with a currency exchange. If you're looking for anonymity there are several cash-by-mail services such as mine, bitcoin2cash.com. If you're looking for convenience there other others that will send you USD or Euros by wire transfer, or other forms of payments. Look at the trade wiki for the different exchanges being operated.

Ok your still talking over my head.  So your saying bitcoin is a currency that has to be exchanged?  I am not following you.....sorry  How would my example above work?  there money comes to me in bitcoins?  Do they have to understand it all too just to make a simple donation?

Anonymity is not an issue
3  Bitcoin / Bitcoin Discussion / Re: New to bitcoin on: April 09, 2011, 07:28:57 AM
Ok I am blonde and NOT good at math so help me here.  My hubby and I are missionaries living in one country and working in about 14 others.  We travel constantly.  People mostly from America and Europe send us donations from time to time.  If I were to use Bitcoin how would this work?  How would I turn bitcoins to usable national currency like Euros.  and how would I deposit that money in my bank account?

For example: Right now I use Paypal, so a person in Montana sends me 100 dollars (through Paypal) and I accept it, exchange it to the 10 euros its worth (just kidding I know its worth a bit more then that) and withdraw it to my bank account.  How would that transaction work with bitcoin?

Blessings,
ALG
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