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Turning cash into bitcoin can be as easy as buying gift cards. I sold bitcoins in person around 2012-2013. I had way more demand than bitcoins I was willing t
by diegoprzl 9y ago
Turning cash into bitcoin can be as easy as buying gift cards.
I sold bitcoins in person around 2012-2013. I had way more demand than bitcoins I was willing to sell.
- bradleyjg 9y agoI had way more demand than bitcoins I was willing to sell. Doesn't that imply it isn't easy? Or at least wasn't back then?
- dyim 9y agoI also had some friends who did this around 2012-2013. It was pretty easy, and they were making 25-30% margins on the bitcoins that they sold. Sounds great! They ended up getting scammed a few times, and they realized that it was a fairly efficient market after all. So they got out.
- diegoprzl 9y agoFor buyers it wasn't easy back then. Now, in Spain, you can turn cash into bitcoins very easily. There are bitcoin ATMs in a lot of cities where you can buy/sell bitcoins anonymously with a 1000 euros limit. With a bank account or debit card it's even easier.