3 ms·

You still have to trust the other party.

• wongarsu 12y ago
  You can meet the other party in person (e.g. https://localbitcoins.com/ https://localbitcoins.com/). That should reduce the amount of trust needed to a minimum.
  • danbruc 12y ago
    Doesn't that actually increase the amount of trust required? What if the other party »convinces« you using a gun to hand over the money without giving the Bitcoins to you?
    • haneefmubarak 12y ago
      Then perhaps you also ought to have a friend and some weapons to guarantee your personal safety too. Alternatively, meet up in a relatively safe, public, conspicuous area where that is unlikely to happen.
      • danbruc 12y ago
        I will just keep trusing my bank.
• grubles 12y ago
  You don't, however, have to trust a central entity with your government ID, utility bill, etc.