Crypto For Face To Face Deals?

[CryoThio]

I'm wondering if crypto could replace handing someone the money.

It'd probably require more trust than cash, but at the same time, it would maybe streamline things.

I'd like to hear why customers might be opposed to this compared to cash.

I can imagine the fear of it being traced, though using montero will help that.

It's a little more convenient to use cash, but once they get used to it, paying through their phone and having the drugs just dropped off with little interaction has its benefits.

Any thoughts?

 

[fidelis]

sometimes i sell locally if i have extra drugs/things i dont want and personally i would rather take cash than crypto. i get that crypto is more versatile (in some ways) cause i can pay for stuff online but also like, the issue with crypto is that the value fluctuates. if someone hypothetically buys a gram of weed from me with a 10 dollar bill, its gonna stay 10 dollars. if they give me 10 dollars worth of crypto it could be 8 the next day. it could also be 12 or it could just stay 10, but i dont like taking risks lol

 

[CryoThio]

I did think of that after the post, but it does go both ways, could lose value, could gain value.

If cops stop you, in the US at least, having lots of bills is a red flag, but not so with crypto. Most won't even know what monero is, maybe bitcoin, not montero though.

Accessibility is more difficult with ceypto, but I imagine it is easier to launder the money, as maybe one could open a bank account in a foreign country tied to a corporate bank account, something like that.

 

[fidelis]

nah, these cops are way smarter than you think. they may be assholes but theyre not stupid. i agree though, it would probably be much easier to launder the money if its in crypto.

ive been stopped with a lot of bills, it looks bad but they cant charge you with anything as long as youre careful (in my experience)

 

[Berlin777]

You could request payment with stable coin to avoid fluctuations

 

[fidelis]

i didnt even know that was a thing thank you sm

 

[miner21]

I think if your buyer is comfortable with crypto great, use it if you want. I dont see a huge benefit in using crypto vs cash in an in person deal. I think crypto is harder for the general public to use (online it is a necessity of course) Last what are you doing with your crypto? Probably exchanging it for cash?

I guess I dont see a huge downside in using cash in person and it is something everyone is comfortable with