When you go to walmart, cvs etc usually you're putting your money into a bitcoin exchange such as MtGox.
This is a place where lots of people buy / sell bitcoins at the market rate.
When you get back you fire up MtGox, say "Buy" and it will find someone else on the exchange willing to sell for that price. You are getting their (or that group of peoples) bitcoins.
They may have mined them themselves, or they may have bought / sold them in the past.
This is a place where lots of people buy / sell bitcoins at the market rate.
When you get back you fire up MtGox, say "Buy" and it will find someone else on the exchange willing to sell for that price. You are getting their (or that group of peoples) bitcoins.
They may have mined them themselves, or they may have bought / sold them in the past.
Thank you! It was a troublesome question on my mind....
