[usaphp]

From my understanding a lot of people use it to transfer money between countries, you buy some bitcoins, then transfer them to your bank account in a different country, and you won't have to explain to the bank where you got the money and where you are transferring them because you could just say that you mined those coins and now cashing out. Correct me if there is a flaw in my logic

[jdmichal]

AKA money laundering? I mean, I guess if you're into wildly illegal actions, sure.

[dboreham]

Flaw will be realized when you arrive for first day in prison.