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Author Topic: Currency Fair  (Read 9369 times)
Scarecrow
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May 14, 2011, 09:50:55 PM
 #21

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Opening an account with CurrencyFair requires that you provide full verifiable ID.

 ... there's the rub. You got Big Brother's money and then you got bitcoin. .... BB's money costs too much.

CurrencyFair is a perfectly legit method of converting and moving cash between any major currencies/countries, so what’s the problem assuming the cash is not from illegal sources?

Faith is believing what you know isn’t true. For example, Global Warming.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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May 14, 2011, 09:58:20 PM
 #22

I used http://www.ukforex.co.uk - they offer minimally better rate now, but charge about 7GBP for the transfer it it is less then 3000GBP.

Well that seems promising to. Ideally one of these companies would take Bitcoin as one of its traded currencies but the Bitcoin seller sending direct to the buyer.

Did CurrencyFair ever respond I wonder? I have spoken to their IT Director in the past, perhaps I should ring him back and ask him.

Faith is believing what you know isn’t true. For example, Global Warming.
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May 14, 2011, 10:28:45 PM
 #23

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Opening an account with CurrencyFair requires that you provide full verifiable ID.

 ... there's the rub. You got Big Brother's money and then you got bitcoin. .... BB's money costs too much.

CurrencyFair is a perfectly legit method of converting and moving cash between any major currencies/countries, so what’s the problem assuming the cash is not from illegal sources?


You've got nothing to fear, if you've got nothing to hide ..... ?

The problem is, it's a sucky statist attitude .... no ID, no ticky, we may as well live in communist China, Soviet Socialist Russia or Nazi Germany.

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