Quote from: klapeck on September 01, 2011, 07:05:02 PM

1:1 would be awsome!

Sure would -- good luck funding such a deal though.

The best deal on that would likely be if you have trust established through the #bitcoin-otc marketplace's OTC Web of Trust (WoT). Even with all the problems people have with chargebacks and such, PayPal still works when both parties are trustworthy and can glide under PayPal's radar so that PayPal doesn't freeze the accounts. Fairly regularly sellers on the OTC are willing to trade their Bitcoins or MTGUSD for PayPal funds. Sometimes that is at market rate for BTC or 1:1 for MTGUSD and other times, the rates aren't as good as that.

With MTGUSD, you can then trade for LR using AurumXChange at a 2% fee (well, AurumXChange's fee is 1% and LR's trx fee is 1%, so your $1 MTGUSD to AurumXChange gets you $0.98 of LR USD, so that's 2% total).

- http://en.bitcoin.it/wiki/AurumXChange_Company
- http://en.bitcoin.it/wiki/Bitcoin-otc