One question comes to mind.

[Ludwigvii]

If I trade/cash in my BitCoins, what does the person i gave them to do with it?

Also are they recycled or has it gone through its use?

 

[flickeringobscenity]

... what?

 

[Ludwigvii]

The people we trade our bitcoins to for merchandise or cash, what do they get out of our bitcoins? What do they do with them?

 

[frosticus]

they do the same thing you did. buy things from other people.

 

[Dark57]

Think of a bitcoin as a physical bill. I don't know what they are at right now, but when I sold all my BTC each coin was worth $92 each. So someone exchanged their USD for my BTC and they probably used the BTC for a doomsday currency wallet or something. Like most people investing in BTC, they just hoard them for a security net.

 

[felipeclement]

Technically, BTC currency is used for purchasing and as payment method online. Most likely, people are wise enough to find different avenues for alternative funds. As much as possible, BTC users try to lessen the use of traditional cash and cards.