Post
Topic
Board Legal
Re: Can I open up a local shop and sell bitcoins for cash?
by
Wapinter
on 21/10/2016, 22:08:59 UTC
I'm wondering if I can open up a local shop and sell bitcoins for cash without paperwork or signing anything. Sure a bitcoin ATM can fulfill that role but as a shop I could do other things such as sell bitcoin merch etc, offer information on bitcoin and cryptos etc, but primarily I'm wondering if I can sell bitcoin for cash without hassling customers with paperwork. I suppose the laws would be the same for an ATM machine? which I haven't heard to be of a legal problem. I'd be considering doing this in Texas, USA, by the way. Any references or shared knowledge would be great, and I'm less interested in speculation. Thanks!
I dont think anyone would be interested to go to your shop to buy bitcoin when he/she can buy it online much easily and quickly.Bitcoin is not a physical commodity which people should examine before buying so going to shop to buy it is useless