First real world application of bitcoin for me! Parents have a renter who wants to pay his rent in bitcoin... little advice requested.

Backstory first.

I have been following bitcoin for a long time and long been extolling the virtues of this virtual currency. Unfortunately, I am very poor and never had the chance to invest.

Recently, my parents have had a renter who has lost his job, but is willing to pay his rent in bitcoin. As far as my parents are concerned, they just see it as a way of transferring money to their hands.

My question is which exchange is going to be the most simple way to to get these sent bitcoins turned into a bank deposit or paypal deposit with the minimum amount of hassle? My parents have bank accounts both in the USA and in Europe, where is going to be the most hassle free way of accomplishing this..

submitted by effgee

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