• Omgboom@lemmy.zip
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    5 months ago

    It’s called a proof of funds and it’s used to ensure that the buyer has sufficient money to complete the transaction. It was a cash transaction and as I understand it they brought a picture of money and precious metals and a home made ID card

    • shortwavesurfer@monero.town
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      5 months ago

      Right, and if the proof of funds is you say that the house cost this much money and the person pulls that much money out of their wallet or whatever and hands it to you, that’s proof.