
“Customer service employees from California-based online marketplace eBay have confirmed that virtual currencies like bitcoin and litecoin can be sold on the platform, provided they are housed in physical items (like USB sticks or hard drives). This eBay functionality was first bought to light by Roger Hughes, a web developer and photographer who originally posted the findings on his blog, Clicked Photography. According to PayPal’s seller information page, this means eBay users that sell virtual currency together with physical goods would be guaranteed the full amount of sale, should the buyer fraudulently claim an item did not arrive as promised.”
http://www.coindesk.com/ebay-loophole-virtual-currency-transactions/
Related posts:
Peer-to-Peer Economy Thrives as Activists Vacate the System
The Future of Transportation
"Gun Control" Means More State-Licensed Gun Violence
Homeless man who created app arrested for sleeping on bench
Pot Will Revive Small-Town America
Greece may sell off islands amid privatization scheme
Chicago Issues $100 Million in Bonds to Settle Police Brutality Cases
U.S. Spent $5.6 Trillion On Wars In The Middle East And Asia: Study
DEA agents use NSA intercepts to investigate Americans
New iPad app allows users to virtually try on glasses in 3-D
Outside White House, 'Syrian American Forum' Protesting US Strike
Separated Children Forced to Recite Pledge of Allegiance 'Out of Respect'
Why Your Offshore Dream Home Might Be Illegal
US will cling to mass surveillance like nuclear weapons: Assange
Glenn Greenwald: The lame rules for presidential debates: a perfect microcosm of US democracy