What is wrong with in person cash LBC (with a fake name) --> DNM

I see a lot of posts about safe ways to get BTC into DNM but have never seen this nor do I see what's wrong with it. I posted this not because I'm sure its flawless but because I would like to see the flaws people see with this thanks!!!


Comments


[5 Points] None:

[deleted]


[2 Points] bigfondue:

With a bank deposit, you have some proof if you need to dispute in the event of them not releasing the coins from escrow. With cash, it's your word against theirs.


[2 Points] andblowyourhousedown:

What is wrong with in person cash LBC (with a fake name) --> DNM

Make it LBC (with a fake name / throwaway e-mail account / no SMS confirmation) --> Electrum-in-Tails --> DNM, and you'll be golden, my friend.


[1 Points] Theeconomist1:

Nothing at all. I think it's just not quite as convenient as other methods on LBC like bank transfer. It takes more time to set up a meeting time bw two people, in addition to finding one in your city which depending on the size can be hard I suppose. With bank deposit you can do it pretty much at your leisure.

But there isn't inherently anything wrong with face to face.


[-8 Points] None:

The only people who would do a IRL transaction are kids who dont have a bank account