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I sold a motorcycle over craigslist a couple years ago and I would have much preferred to have the buyer send me bitcoin instead of giving me stacks of 50s. I w
by reidjs 6y ago
I sold a motorcycle over craigslist a couple years ago and I would have much preferred to have the buyer send me bitcoin instead of giving me stacks of 50s. I wasn't able to demand a cashiers check and I wanted to make sure the sale would go through that day. Cryptocurrencies are amazing for large (legit) p2p transactions.
- khazhoux 6y agoWhat would have been better about BTC for that instead of cash? Just the PITA of having a giant pile of physical money to deal with?
- reidjs 6y agoExactly 1) possibility of a miscount & time it takes to count all those bills 2) fear of forgery/fake bills 3) carrying the cash on my person to the atm while living in a sketchy neighborhood 4) no “proof” of how much he paid if it came down to a court/tax dispute
- khazhoux 6y agoCool, thanks for the reply