user9877: I understand the networking concept of the coin, but I am not sure I understand the purchase process.
Let's say I have 1000$ that I want to spend on Bitcoins, who do I give this money to?

user9878: You give the money to someone who has bitcoins available to sell to you.
This might happen via an exchange such as bitstamp.net which matches buyers and sellers.

9877: <p>I understand the networking concept of the coin, but I am not sure I understand the purchase process.</p>

<p>Let's say I have 1000$ that I want to spend on Bitcoins, who do I give this money to?</p>
 9878: <p>You give the money to someone who has bitcoins available to sell to you.</p>

<p>This might happen via an exchange such as bitstamp.net which matches buyers and sellers.</p>
