Re:Could Bitcoin ease the pain of Africa's migrant workforce?
by sanswork on Tuesday March 10, 2015 @06:06AM
(#9176893)
More than I'd trust some random person promising to give me cash for my bitcoin.
Re:Could Bitcoin ease the pain of Africa's migrant workforce?
by DickingAround on Tuesday March 10, 2015 @11:53AM
(#9178385)
No way. You'd really trust you luck with crooked cops on both sides of the border (look up civil forfeiture)? Even if it took a sec to find a bitcoin broker, it's far harder to steal so you'll eventually get your fiat money even if you have to look around for a buyer.
would you trust your life's savings to a bored and underpaid customs official in a poor country not 'fining' you for not having the correct paper work, or even just accusing you of forging the paperwork and confiscating the cash?