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submitted 3 months ago by Sup3rlativ3@lemmy.world to c/privacy@lemmy.ml

It seems like everywhere is asking for my ID multiple times and there are multiple international companies involved.

I thought the whole point of blockchain was decentralised so why can't I just buy btc without jumping through a thousand hoops?!?

I tried using bisq but it seems more geared towards traders and you need btc to buy btc :(

any help would be appreciated.

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[-] eya@lemmy.dbzer0.com 14 points 3 months ago

if gou want actual privacy then get xmr

or yknow, use cash

[-] Sup3rlativ3@lemmy.world 3 points 3 months ago

Can't use cash or xmr unfortunately.

[-] Chakravanti@sh.itjust.works 0 points 3 months ago

Then get Monero at localmonero.co and swap it for the Snitchcoin on Bisq.network

[-] frightful_hobgoblin@lemmy.ml 8 points 3 months ago

get weed, sell the weed for monero, trade away

[-] Sup3rlativ3@lemmy.world 8 points 3 months ago

Sounds like a foolproof plan, I love it!

[-] Deckweiss@lemmy.world 5 points 3 months ago* (last edited 3 months ago)

All the people here are talking around the bush.

Nobody mentions a solution.

One that worked for me is mycelium . It has multiple ways for exchanging crypto, one of them is a local personal market. (Balance > Buy/Sell bitcoin > Mycelium Marketplace)

But the rates are obviously worse than the regulated market, where you have to jump through hoops. But that is also in the app.

[-] FeelThePower@lemmy.dbzer0.com 4 points 3 months ago

The only real option in this case would be to use an unregulated wallet through person-to-person exchanges which would inherently carry more risks than a normal regulated market. Not my area of expertise however so I'm not sure where you'd start, sorry.

[-] Sup3rlativ3@lemmy.world 3 points 3 months ago
[-] Chakravanti@sh.itjust.works 0 points 3 months ago

He's wrong. Again, bisq.

[-] delirious_owl@discuss.online 2 points 3 months ago

I dont think its any more risky to buy btc with cash p2p than it is to buy a lemonade with cash p2p.

[-] FeelThePower@lemmy.dbzer0.com 2 points 3 months ago

well, i moreso meant dealing with online scammers.

[-] delirious_owl@discuss.online 0 points 3 months ago

Ah, yes. Dont buy btc online. Better to find a human in person and do the transaction over a cup of coffee or something

[-] DessertStorms@kbin.social 3 points 3 months ago* (last edited 3 months ago)
[-] Sup3rlativ3@lemmy.world 0 points 3 months ago

I hadn't, thanks for the heads up!

[-] DessertStorms@kbin.social 1 points 3 months ago* (last edited 3 months ago)

No worries, I hope they sort you out!

[-] shortwavesurfer@monero.town 3 points 3 months ago

I really would suggest Monero and you can pick some up from localmonero.co without KYC (ID).

[-] Chakravanti@sh.itjust.works 2 points 3 months ago

Came here to say exactly these things. Bitcoin is the Snitchcoin.

[-] shortwavesurfer@monero.town 4 points 3 months ago

I agree with the saying that "Monero is what Bitcoiners thought they bought".

[-] Chakravanti@sh.itjust.works 3 points 3 months ago

I am not in any way advertising dope but the operation on the DNM over it is just fantastic evidence at how fucking solidly successful at being as properly encrypted Open Source cryptocurrency doing what it says it does and is.

[-] delirious_owl@discuss.online 1 points 3 months ago

Its also on sale right now

[-] ninjaturtle@lemmy.today 3 points 3 months ago* (last edited 3 months ago)

Unfortunately you probably won't find any place to really buy it anonymously. If you have some crypto already you can buy some but without it, you will have to go through some broker.

In the US, know your customer is a big thing so you have to ID yourself before you can buy from the more legitimate companies.

[-] Sup3rlativ3@lemmy.world 2 points 3 months ago

If I had some already, what are the best ways to buy more anonymously?

[-] ninjaturtle@lemmy.today 2 points 3 months ago

Use any exchange that only needs a wallet then trade the token for bitcoin. The real issue is switching cash to coin.

[-] delirious_owl@discuss.online 1 points 3 months ago

What? Lol just go to a crypto meetup. There's loads of people swapping coins. That's the whole point.

[-] shreddy_scientist@lemmy.ml 3 points 3 months ago

Best bet will be to purchase Monero (XMR) anonymously, it's literally designed to be anonymous, then swap it into BTC. You'll then want a hard wallet to keep it secure until you have a reason to transfer it. Ledger is a decent option for a hard wallet, just be sure it's paid for in the XMR you bought anonymously or the BTC you swapped for XMR. NanoS is my recommendation for the specific wallet, but the tricky part will be getting it shipped to you anonymously as you CAN'T trust a used hard wallet.

[-] delirious_owl@discuss.online 2 points 3 months ago

This is why anonshop was created.

[-] Gooey0210@sh.itjust.works 2 points 3 months ago

Cash is op

How do I buy crypto? I know a lot of freelancers/digital nomads that get their salary in crypto, and I exchange it for them

[-] Sup3rlativ3@lemmy.world 4 points 3 months ago

If I could use cash I would. The sad reality is that they expect us to be a cashless society within 10 years

[-] delirious_owl@discuss.online 3 points 3 months ago

That will never happen. Lots of cities have made it illegal for businesses to not accept cash.

There will always be a population of consumers who are not able to open bank accounts. And there will always be companies looking to take their cash.

[-] Gooey0210@sh.itjust.works -1 points 3 months ago* (last edited 3 months ago)

I'm retarded, I won't ever use ~~cash~~

Damn, edit, edit, I wanted to say banks 😆

[-] PoliticallyIncorrect@lemm.ee 1 points 3 months ago* (last edited 3 months ago)

What about doing the KYC using a fake ID?

[-] Omega_Haxors@lemmy.ml -3 points 3 months ago* (last edited 3 months ago)

Reconsider. Crypto has been outed as a scam for almost a decade now. If something requires it, it's absolutely a scam.

[-] shortwavesurfer@monero.town 0 points 3 months ago

This is absolutely not true. Are there scams? Sure. But there are plenty of legitimate businesses that use crypto. Take Proton, Kagi, Gratuitas, and Travala as just a few examples.

[-] rambos@lemm.ee 0 points 3 months ago

Im no expert and Im not trying to protect crypto, but this is bullshit. Its a wild market and there is a lot of scam going around it. Its like saying ebay or aliexpress is absolutely a scam. Im owning crypto for 8 years and while I did experience a scam (nicehash), most of the experience was not like that. Was mining, trading, bought loads of appliances and computer components, withdrawals...

Dont have a good suggestion for OP tho, but maybe local forums have trade topics where you can find a seller and meet them in person. Its been much easier 5 years ago, but seems like almost everyone is asking for ID nowdays

[-] Omega_Haxors@lemmy.ml 2 points 3 months ago

There are two people, those who think bitcoin is a scam and those who benefit from the scam.

[-] rambos@lemm.ee -2 points 3 months ago

Hehe, I like your theory, but here is mine:

There are two people, those who bought bitcoin and those who didnt. Who ever bought it, made a profit because bitcoin is at all time high price right now 🙃

[-] Omega_Haxors@lemmy.ml 1 points 3 months ago

If you're asking me if i'm jealous the answer is no: why would I be jealous of someone who isn't allowed 6 feet around a school?

[-] glowie@h4x0r.host -1 points 3 months ago

Crypto and Bitcoin are not the same.

[-] deegeese@sopuli.xyz 2 points 3 months ago

Please explain how bitcoin is not a cryptocurrency.

[-] glowie@h4x0r.host -3 points 3 months ago

I suggest reading this article and jump to the "WHAT ABOUT BITCOIN?" section, which explains this concept of their differences.

[-] deegeese@sopuli.xyz 2 points 3 months ago

What a garbage piece of advertising. Bitcoin isn’t cryptocurrency because it’s better than those other cryptocurrencies. LOL.

[-] glowie@h4x0r.host 0 points 3 months ago

Bitcoin is not a Venture Capitalist controlled, pseudo-decentralized scam. There is no CEO. The rest of crypto are all scams or were built to "fix" a utility that didn't need fixing. Only the money supply and its ownership needed fixing, which is why Bitcoin was created as a permissionless, immutable, decentralized, and deflationary currency. Unlike all fiats, which have been grossly debased in recent years through manipulation by bankers.

[-] deegeese@sopuli.xyz 1 points 3 months ago

Please explain how bitcoin is not a cryptocurrency.

You’re just arguing it’s a better cryptocurrency.

[-] glowie@h4x0r.host 1 points 3 months ago

No, you're still missing the point. Bitcoin is the only one that was built out of a self-less, cypherpunk cause, to allow the dismantling of central banker's grasp on people's financial sovereignty. The crypto that spun up after bitcoin are all garbage, save for maybe Monero.

[-] rottenwheel@monero.town -2 points 3 months ago

Lol, braindead. So scammy Bitcoin even has an ETF now!

this post was submitted on 05 Apr 2024
-19 points (32.1% liked)

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