Something I probably should have posted a long time ago.
Back in January I was selling my Bitcoin on eBay.
Managed to offload about 10 at a very healthy profit... Then one day i saw a bunch of emails saying there was a dispute with a customer. Basically every customer that had purchased off me.
Although I had blockchain proof, messages saying "Got my coins. Great eBayer" & customers ID, It wasn't enough. In the terms & conditions it says that there has to be a "physical item posted to buyers address" to have any sort of case.
I lost all cases. Hundreds of them & I have no legal standing to get them back.
I consider myself VERY LUCKY!!! This happened to me back in january when btc was around $700 but id bought most at $300.
I cringe now imagining if this had happened in june when BTC was $3000 plus or EVEN NOW!!
You can STILL sell with PayPal on eBay BUT you MUST send the coin on a paper wallet sent by registered mail (very expensive so only good for really large transactions). That way you can prove you sent a physical item to the buyer.
Wow! That is interesting!!!!! Thanks for posting this :)
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