September 9, 2013
I want to buy bit coin against cash.
No central authority controls the distribution of bit coins.
The whole idea of bit coin seems interesting because the anonymity it offers online. But new users have to buy bit coins using their bank account/credit card/debit card. Since bit coin transactions are traceable, it becomes a threat to privacy. A ossible solution for this could be, creating a real time network such as meetup.com where people can buy bit coins from others by exchanging cash in person. Such transactions will not involve a bank and hence ultimate anonymity.
Bitcoin Buyer. Looking for a someone who can sell me bit coin against cash in Bangalore.