Post
Topic
Board Project Development
Re: If I'm right, this idea will make me a multi-millionaire
by
Kakmakr
on 03/02/2016, 06:18:34 UTC
would there be an option to buy paper wallet instead en exchange of cash?
I would prefer buying such to you when you're up as I don't have to show my IDs, is this possible? I think a lot us will most likely prefer or want to do this as well. so they can jsut scan the qr code thru thier mobile apps.
I think you can get paper wallets with bitcoin loaded on them on places like Ebay.  Not sure who else has those, but  you have to trust whoever's making the wallet not to have the private key written down somewhere else.  For those of us who are paranoid to the max, that's unacceptable.  And yeah, as I said above you can buy btc at places like Circle but forget about it if you want to remain anonymous.

It would work, if you could keep the payment in Escrow until the bitcoin on the prepaid card is transferred to another Bitcoin address. The person who accepts the money for the prepaid card serve as the middle man between the seller and the buyer.

Once the bitcoins are moved from the prepaid card, the middle man release the funds to the seller. If the buyer are unhappy, they go to the Escrow and redeem the fiat and return the prepaid card. The transaction can be done on mobile phones with the escrow present.

A percentage of the prepaid card cost can go towards the escrow, similar to the exchange fees.