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Hawala relies on trusted intermediaries to cash out. How would that happen with bitcoin? I doubt many legitimate uses would suffer back-alley transactions.
by HappySweeney 5y ago
Hawala relies on trusted intermediaries to cash out. How would that happen with bitcoin? I doubt many legitimate uses would suffer back-alley transactions.
- saba2008 5y agoSame way, trusted cash exchange intermediaries. localbitcoins seems to be exactly this. And for bitcoin it is much easier than for traditional systems, as trust only need to cover exchange operation.