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There's a huge difference between this and a car salesman. A car salesman goes through all sorts of paperwork and meets with the person they are selling the ca
by orik 13y ago
There's a huge difference between this and a car salesman.
A car salesman goes through all sorts of paperwork and meets with the person they are selling the car too, and they hand the keys over.
This is much more similar to the service where you take a photo of a Key and you get mailed a copy of it for 5$; except it's semi-anonymous with bitcoin.
- maxerickson 13y agoCars are probably one of the worst possible examples, since most transactions require the title.
- 0xdeadbeefbabe 13y agoI think he's asking about ethics. Just because this could be used for money laundering doesn't mean it must be used for money laundering.
- fnordfnordfnord 13y agoAre you proposing that a car salesman might refuse to sell someone a car on the chance that the buyer could be a criminal of some sort?
- ygjb 13y agoNo, just that the paper trail generated by purchasing a car from a dealership is undesirable for a criminal. This is why conventional financial institutions and services are undesirable for most criminals.
- fnordfnordfnord 13y agoBitcoin transactions go in a public ledger. Although there are methods to obfuscate transaction history. >This is why conventional financial institutions and services are undesirable for most criminals. I think reality is in disagreement with you, as counter-intuitive as that may seem.