Bitcoin Forum

Economy => Trading Discussion => Topic started by: Tuxavant on May 19, 2012, 03:10:56 PM



Title: Hawala Network - Orange County, CA / Las Vegas, NV / Laurel, MD
Post by: Tuxavant on May 19, 2012, 03:10:56 PM
I would like to meet someone from Orange County, CA or Fort Mead, DC area, who would be willing to potentially meet a family member or friend of mine locally to do a face-to-face bitcoin-for-cash exchange. It would be infrequently, and I don't have any specific needs right now, but I would like to establish a relationship now and exchange social network info now.

I am willing to do the same for anyone that needs a contact in Las Vegas, NV for the same purpose.


Title: Re: Hawala Network - Orange County, CA / Las Vegas, NV / Laurel, MD
Post by: Stephen Gornick on May 19, 2012, 06:28:14 PM
Hawala is a term for where two or more hawalders work together to transfer funds from point A to point B.  What you are describing instead is your wish to find someone selling buying bitcoins for and paying cash [Updated after reading reply].  That's a simple person-to-person exchange.

For the most part, Bitcoin can replace the Hawala networks.   Instead of one international cash transfer transaction, there instead are two domestic cash transfer transactions with the crossing the border part occurring through Bitcoin's P2P network.


Title: Re: Hawala Network - Orange County, CA / Las Vegas, NV / Laurel, MD
Post by: Tuxavant on May 19, 2012, 07:01:03 PM
I see your point.

To be more clear, I have friends/family in those locations for which I'd like to send Bitcoins. They know how to use Bitcoins, but they are not interested in keeping them or "using them". Frequently, I just need to get them some dollars, but I don't want to use traditional systems. So I'd like to send them Bitcoins and refer them to another local Bitcoiner who might be able to easily do the exchange and get them dollars.


Title: Re: Hawala Network - Orange County, CA / Las Vegas, NV / Laurel, MD
Post by: Stephen Gornick on May 19, 2012, 10:17:31 PM
Frequently, I just need to get them some dollars, but I don't want to use traditional systems. So I'd like to send them Bitcoins and refer them to another local Bitcoiner who might be able to easily do the exchange and get them dollars.

[Update: Heh, pasted wrong reply in this post initiially.  Fixed]

So you want a cash out service.   There should be plenty of people willing to buy bitcoins with cash, as there are no exchange fees or costs to transfer the cash after depositing at a bank.


Title: Re: Hawala Network - Orange County, CA / Las Vegas, NV / Laurel, MD
Post by: Tuxavant on May 19, 2012, 10:58:42 PM
Well, it would be cash in too.. if they wanted to send me money I could direct them to their local bitcoiner.

And also, I'm offering my "cash delivery" service to anyone "stuck" here in Vegas.... (kinda thing).