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Can I open a local shop and sell bitcoins for cash?
You would probably need a license for that as selling bitcoin for cash without a license may land you in legal complexities.
If you are going to do this work without any licenses or paperwork then it is illegal
Ohh wait…seriously?? Is this possible?
Yes this is possible but if just have licenses
Beyond any doubt a bitcoin ATM can satisfy that part yet as a shop I could do different things, for example, offer bitcoin merchandise and so forth
You probably need a strong or legal authorizations or certificate
But ‘vik’ and ‘justee’ I hear in US site country that it is too difficult to buy a licenses and do a sell bitcoin as local shop, maybe you need to be strong capacity or references
If you have a strong license then you can do easily or without any hesitation
i figure yes you can truly do this as there is no confinement for exchanging bitcoin.
i think it will truly be a decent choice through along these lines you can truly advance bitcoin in your general vicinity,
You can! But you really need a license to avoid any criminal issues and I appreciate you if you want to do this because in this way more and more people will invest their money in bitcoin.
you can do if you have authentic licenses
why do you need to open a shop to sell bitcoin on cash?
maybe it would be taxable if you open your shop to sell bitcoin
You would most likely need a permit for it .
One thing that I have broadly perused from fellow traders in the US, is that its difficult to offer bitcoins without the permit.
There would be a great deal of money launderer flocking to your shop all things considered. Despite the fact that I'm one of the individuals who like to purchase BTC without paper works, I think a printed material would be ideal.
I think for to start with, you can make your own organization and influence your office for genuine so to individuals can evidence that you are genuine individual that handle for nearby shop
sidney what a great idea you did, I agree with you
but sidney I would like to add one point in your opinion that don’t forgot to hire a lawyer if there is need in your country
if you're gonna start to sell a bitcoin you should involve bank government which handle controller that you are making an organization about bitcoin and ask them what is have.
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