How do vendors and markets launder bitcoins into "real" money?
[14 Points] Jnew777:
[9 Points] noseybast:
Download a heavy duty wallet like armory onto a usb, fly to Rwanda and sell it f2f to Kony or a similar warlord type, like that Blackie Chan out of casino royale
[5 Points] Hank_Vendor:
We sell the bitcoins.... duh
[4 Points] mwthink:
Set up a website hosting company, set up fake clients. Pay yourself, pay taxes like any other web host.
Negligible startup costs, zero inventory products, easy to do.
[3 Points] iphone4always1x:
LBC and fake IDs
[3 Points] Vendor_BBMC:
There are people with cash who want bitcoin. I usually swap with them.
Later, I swap drugs for bitcoin with people who have bitcoin but want drugs. I have a feeling its the same people.
[1 Points] None:
M A G I C
Nice try Verto