Here's a question on bitcoin I've never been able to find an answer to, though I haven't researched it too much: if I buy bitcoin, or any other crypto, I pay with US$. If the cryptocurrency increases in value am I able to sell my bitcoin (or other) for US$? Or am I stuck with bitcoin and have to find ways to spend it to enjoy my profits?
I know bitcoin futures start on the CME this weekend, so certainly that's a way to make cash on bitcoin, but it is trading futures, not actual bitcoin.
|