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RE: Bitcoin Above 1000USD... but not in China!
(its a hand to hand trading platform for cash)
There were some stats shown before that actual cash transactions are about 1-2% of LocalBitcoin trading volume. Vast majority is stuff like wire transfers, Western Union, money orders etc.
Yeah theres even paypal i just dont want to over-complicate the posts for people who hear 1st time of the stuff im posting. But yes you are right theres other options than cash! Ive edited it a little!