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Author Topic: pawn shops, natural agents for offering btc services?  (Read 1007 times)
prophetx (OP)
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August 25, 2013, 05:42:24 PM
 #1

dealbook.nytimes.com/2013/08/24/platinum-card-and-text-alert-via-pawnshop/?hp

read this article about pawnshops serving the underserved as banks pull out of low income hoods

wonder if btc could be offered as value add for these people to store money in btc or usd, etc since pawn shops cannot offer depository services
Kluge
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August 25, 2013, 05:47:25 PM
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Would be superbly useful if only just to buy BTC. Pawn shops have been talked about on here for years. There are, incidentally, multiple pawn shop owners who own and buy lots of BTC - but I don't think there's ever existed a pawn shop which trades in BTC, maybe for obscure legal reasons.
prophetx (OP)
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August 25, 2013, 05:56:14 PM
 #3

right, i think whatever service it is needs to be set up so that the pawn shop is an agent similar to the relationship they have with western union.  thus someone like bitinstant who is registered as an msb in moststates could franchise out some kind of btc deposit service
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