You are viewing a single comment's thread from:
RE: Physical Bitcoins
@nathansenn . Wow! $245'000 for a Casascius bitcoin. I wonder if it will sell at that price? The trouble with buying and selling on eBay is reputation and Trust. It's all very well if you buy or sell an ordinary item, but trusting such a valuable item to arrive safely by Federal express? What's your recourse if the parcel arrives but the coin is not there?
I wouldn't trust it.
That's a lot of $ for one coin. :)
Yes it would be very high risk using any shipping service. Any purchase that large should be done in person with a 3rd party verification and have the items insured transported and stored correctly. This not your average consumers items.
With the rise in ride sharing services and the seemingly growing trust between peers, it would be a good idea to start a business in which errands could be ran and compensated thru virtual currency coded into the app that provides the services, right?