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Thank you for sharing, I never knew that was a thing. If you don't take the comment at face value there's obviously differences between the two systems: Bitcoi
by qqii 6y ago
Thank you for sharing, I never knew that was a thing. If you don't take the comment at face value there's obviously differences between the two systems:
Bitcoin is well known globally whereas Hawala in a subset of countries.
In OP's example he has to trust the Bitcoin ATM whereas for Hawala you'd have to trust the honour system (thus at least 2 parties).
Bitcoin is digital whereas Hawala requires exchange of money in person. In OP's example this gives him the flexibility of not having to prearrange a transaction.