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I have a client who wishes to buy 20 Bitcoins for a cash. He is concerned about the protocols involved and making sure that the transaction will be valid and not get "stuck in the system" or be fraudulent in any way.
He is happy to meet face to face with the seller but he is not willing to part with the cash until there is certainty over the delivery of the Bitcoin. I am guessing this will take a minimum of 1 hour (6 blocks)
Any thoughts about how to relieve the tensions on both sides. Escrow and banks seem to be out of the question.
Thanks
PR
He is happy to meet face to face with the seller but he is not willing to part with the cash until there is certainty over the delivery of the Bitcoin. I am guessing this will take a minimum of 1 hour (6 blocks)
Any thoughts about how to relieve the tensions on both sides. Escrow and banks seem to be out of the question.
Thanks
PR
Tell your customer to google "escrow" and read.
Welcome to 2017 year where people are smart enough to not being robbed.
It does appear than many of the escrow services are themselves thieves. Can you recommend one or a couple of check out and they need to take cash...
