Author

Topic: exchange btc from business income into dollars (Read 746 times)

legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
August 20, 2013, 10:20:39 AM
#1
my business was paid money in another virtual currency which was later exchanged for btc... now i need to change it into dollars to pay some bills for the business...

my company is located in california, but i do not want to use coinbase because the rate is bad

if i find a private person who is willing to exchange dollars for btc does either party need to register or breaking any law with this??

does that 1000/day threshold apply? i want to do the right thing here, and not step into some legal hell hole simply for trying to pay our business expenses....

any help appreciated

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