ironman wrote@samer but isn't cashing out with Bitcoin painful?
Retrieval of bitcoins isn't harder than that of money earned through a traditional credit card merchant account.
Here are your options:
- Sell them on an exchange. The exchange will transfer the money to your bank account. This is what a traditional credit card merchant account also does.
- Spend bitcoins online. There are more and more merchants accepting it.
- Sell them offline.
https://localbitcoins.com/
- Spend bitcoins offline. Nothing in Lebanon yet, but many in US/EU.
http://coinmap.org/
I think the main pain point is asking people who aren't familiar with bitcoin to buy some and transfer them to you. Thankfully, we are starting to have more accessible options locally. For example, the
bitcoin vouchers sold by the beirut-based company Yellow.