Bitcoin Forum

Hi
I need few people around the world, from different countries who would like to receive bitcoins and give cash or send to someone online.
Basically i am working on a startup that will allow people to accept bitcoins for their business or for personal use.

Basically when we ask someone to start accepting bitcoins they consider it as a hard job. To create wallets and then go to exchange..create account and then trade..some people still feel that it is hard and don't even know how to trade or maybe they don't have much time.

So basically our platform will only generate one bitcoin address for that user and then he can setup in many ways that auto exchange btc-fiat when received. so this how it will work they can receive fiat online via bank or receive cash locally. It will be like uber.

So i need some people around the world. Who can work as agents or money tellers.
Please PM me i will add you in slack

Let's see if I understand this correctly, you want runners in all the different countries that would do cash drops and pickups for Bitcoin to

fiat conversion? This will be a risky business for people with high crime rates in their countries. It is already dodgy to deal with strangers,

when you do person to person conversion with Localbitcoins.  ::)

That is what I thought too  ;D

This idea could work only if you have absolute certain than people you are dealing with to be your agents are serious and honest.
We all know how unmoderated and unrestricted bitcoin <=> FIAT exchange can go. Do you have any system in mind to prevent scams?

...

Coinbuddy

Keep us informed of your progress, and when ready advise us more details of what you would like to do with anyone joining you.

Just using my imagination for a sec I can see some possibilities.

But with all the scams around, yeah, I can also foresee problems.

Good luck!  :)

This job requires a strong level of trust for it to actually work. I'm in Australia, I might be able to do this. Keep me updated, please!

This idea I would say is a good one but the issue is trust considering the amount of scammers out there another is the point of convincing the suppliers especially for people from developing countries where the awareness of Bitcoin or even where it is popular what of the issue of legality as these are issue that will be standing block for this project.

I d never go meet someone in person to exchange BTC for cash, especially larger business related amounts. I m sure lots of people feel this way, it simply is not safe. Not to mention what would happen if authorities would try to check or investigate this model of doing business.

Is this legal?
That kind of business is heavily regulated in most countries. Besides, creating a wallet and making transactions aren't difficult. Anybody on this board can do that.

sounds like a proto western union or something. and you don't set up a new western union without spending a few million on compliance. abra is doing something similar but I don't know if they're operating yet. I don't know where they found their tellers from. probably western union again.

Please check https://www.btc2bid.com (https://www.btc2bid.com) to see that they are exactly doing what you trying to do.
I already received several emails that in my city there are buyers and they need me to go meet them and do the exchange but I never did.

I might be willing to do this, I'm from Belgium.
Do you have a website or any more information about this project?

This is the same thing, however, these guys have already delivered the product. However, the fact there is a danger in meeting strangers to deliver cash in person remains. Be extremely careful when using this service.

Well. This is good idea, I have been thinking about this project. But trust is very precious than money. Meet up first before start this is will be good for you and other agents.
I'm from Indonesia.

Well,I have a bitcoin wallet and an account on an exchange,I can do that pretty much without your help ?

Trading is different.Not everybody in the bitcoin world wants to be a trader.Some use bitcoins for their personal use.With numerous tutorials online,I doubt it's even hard for a  year old to start receiving bitcoins.

One bitcoin address per user == Against the law of bitcoins.Every transaction should be done by generating a new bitcoin address.I've no idea what rest of the part meant anyway.

What's in for them ? They can make same amount of money by any local exchanges.
Over-all,like all your projects,I don't get the point of this one either.

I do  understand  on this  thing on how its works. There are really people  dont have enough time  to  purchase  bitcoins  on making wallets and  buying  into exchanges. I could somehow say  that this would be a good   idea on making  up money but  the  big  question is the security on how    you would  choose  trustworthy person online? You would really need a strong trust  on a certain agent that you would choose  from. Im from philippines , i would  like  to do this  job if given the chance.

Could you please care to explain what exactly is happening here ? People are too busy to make bitcoin wallets or buy bitcoins and hence after using his service ,one can hire a a person who would be able to do all the transactions on behalf of the busy person ? ::)

That person have to submit his ID and proof of address. Also maybe location like uber

This project sound interesting,but in my country I need to educate people about Bitcoin first.

I live in the united states and have no problem buying bitcoin using a Credit card. I dont understand what  you would want me to do?? Im always open to make extra money but  i dont understand the details involved.. can you explain in more detail what you would want from me?

If you want me to bring cash for someones BTC that i can do but whos cash am i bringing is it electronic transfer or paper money?

Wont work that great in the netherlands, we already can convert on the spot with our bank pass if we want.