Hi guys,
So far, I've only dealt in cash sales (locally through friends/friends of friends/etc). Well, someone suggested I start accepting bitcoin. I have the basic understanding of bitcoin down, but what I don't understand is how to accept. So I have a few questions:
I'm using Armory for my wallet. Do I need to generate a new key for every transaction? I read somewhere that accepting multiple transactions through the same wallet might not be good for the security of that wallet.
There's no way to withdraw funds once a transaction has been submitted, right? As in, I can't get cheated out of a product AND the funds?
How do I go about exchanging the btc for usd? Do I just sell through coinbase/virwox or something? I don't want to have to explain transactions. Since coinbase is linked to a bank account, will coinbase know where those btc transactions came from/what they were for?
I guess I'm asking "how to stay anonymous using bitcoin/exchanging bitcoin to usd without raising suspicion".
Any help/guidance is awesome. Thanks. And sorry for the stupidity - just having some trouble.
/r/bitcoin would probably be more helpful.