jm + cash   2

In praise of cash
'The battle to protect cash is one full of ambiguities - it feels somewhat
like trying to protect good ol' normal capitalism from a Minority Report
surveillance-capitalism'
cash  payment  contactless  surveillance  banking  banks  credit-cards 
20 days ago by jm
It’s So Easy
Attempting to cash out of Bitcoins turns out to be absurdly difficult:
Trying to sell the coins in person, and basically saying he ether wants Cash, or a Cashiers check (since it can be handed over right then and there), has apparently been a hilarious clusterfuck. Today he met some guy infront of his bank, and apparently as soon as he mentioned that he needs to get the cash checked to make sure it is not counterfeit, the guy freaked out and basically walked away. Stuff like this has been happening all week, and he apparently so far has only sold a single coin of several hundred.
bitcoin  fail  funny  mtgox  fraud  cash  fiat-currency  via:rsynnott  buttcoin 
march 2014 by jm

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