million dollar idea?

vanilla2btc.org

Vanilla cards 2 btc. Let's discuss the pros and cons of this website , wether it should be on an onion domain or clearnet , etc. I'll start by saying thebre by a big disclaimer that says it .can be seen by gov.

Use proxies and opsec to reg the vanilla and use the site to cash

Legal issues?


Comments


[3 Points] None:

Yes please


[1 Points] None:

I'm guessing you're suggesting this as a site? I guess if you can cover the fee's to convert the prepaid cards into another form of spendable currency, and you're capable of registering as a currency exchange or whatever else is needed and you do it without getting f'd by shady users, it could work. I think google wallet still accepts transfers with vanilla cards so it must work somehow, but I don't think it's always really fast.


[1 Points] SeeThroughBabyBlue:

What advantage would this have over localbitcoin? If it can be seen by the gov, why not go there? And who would supply the bitcoin? Unless you crowdsource selling (which would make it just like localbitcoin) you are going to need to find someone willing to sell a lot of bitcoin for vanilla cards. Someone who would almost certainly disclose their identity simply by providing this service, so they would have to be super clean (and look how well that worked for BitInstant's founder). Basically, no. It's a poor idea.


[0 Points] None:

I put that in my address bar and nothing came up.