I am trying to find a solution for this, the best way to get cash paper money for your bitcoins. Not every country or city has bitcoin atm to get cash instantly for your bitcoins.
I have one idea in my mind "an mobile app shows nearby money holders, you deposit btc to your account and click on any money holder nearby, now he gets notification and your bitcoin goes to escrow (also he can see the). You will generate a QR code you have to share this code with him until he gives you cash, you can go to him to pickup or ask him to come at my place. Once you let him scan QR code from your mobile phone the btc goes to his account."
What do you think?
This is interesting, but i don't think if i could find someone nearby or ask him to came at my place or go to him since i believe i'm the only one who used bitcoin here ( i live in a small island btw) just saying, the alternative maybe he can send me the cash via wire transfer this will be effective especially in time. So this is like i deposite BTC > Find money holder who live in same country with me > Bitcoin Goes to Escrow > He sent me fiat (via wire transfer) > Confirmed, Transaction is done. Nice idea Hoping this available on android version, goodluck.