Quote:
Originally Posted by Mutt
Cashing out of bitcoins is a major problem, there have to be many many people now who have hundreds of thousands of dollars worth in btc, many with millions of dollars worth, turning $500K of bitcoins into cash seems extremely difficult - you will need to find a bitcoin buyer who will deliver to you in person a briefcase of cash, or transfer real estate to you, deliver $500K worth of drugs, or physical gold - risky since the person you are dealing with is most likely a criminal of some sort.
Probably a good business to be made out of facilitating big dollar btc<------> cash transactions - take 10% commission on each deal.
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what do you mean ?
are there no services for cashing btc ? like i pay btc they pay me by wire or something similar.