You are forgetting (or intentionally avoiding) the topic of ESCROW.
ESCROW is a must here. You cannot expect people to simply send you bitcoins upfront and hope you will fulfill your part of the transaction. Would you send the money upfront without the bitcoins? No, right? Put yourself in the shoes of the person holding these bitcoins. Would you send the bitcoins upfront to a stranger half way across the planet?
ESCROW is a must here. You cannot expect people to simply send you bitcoins upfront and hope you will fulfill your part of the transaction. Would you send the money upfront without the bitcoins? No, right? Put yourself in the shoes of the person holding these bitcoins. Would you send the bitcoins upfront to a stranger half way across the planet?
Are you aware of any trusted escrow service? Seems all companies are like anything else in this space, in a beta stage and/or completely unheard of.
Also, there is a chicken or the egg problem. How can I cashout and remit bitcoin to paper currency without having said coins in my hands?
I do not see any other way to have this system work without the sender's trust in my business. It's why I encourage to only send small enough amounts that make them comfortable. If there is any other way you could see to offload risk of both parties I would like to hear them.