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Constantin profile picture
Constantin
@Constantin
I don't go to Bitcoin conferences, but I have some questions.
What do they tell a newbie who decided to buy Bitcoin? Get yourself KYC'd here or there and buy?! But we hope you know that from that moment you become a target...
Robosats? There are vendors there that will give you headaches because they're registered crypto sellers. In more than one instance, I looked into my bank account, and the payments showed "crypto"; my bank knew about them even if we're in different countries. And giving them your name and bank account is more than enough.
"Buy from me" isn't a solution because I don't know who the fuck "you" are.
While I could keep giving examples, for me, the biggest issue is the inability to buy anonymously. And buying means for a few bucks, someone who wants to buy a whole coin is out of the question right now.
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Matt · 2w
Handy thing about conferences is it gives you a chance to really get to know people. I've made a number of friends at conferences etc and there's a few people I know I could work with to buy/sell. Worth considering.
Moist · 2w
most non-kyc platforms have a daily limit of around US$2k to avoid reporting regs. so 35-odd trades to buy a whole coin. but the problem is it must be a means of exchange to survive. if you're not orepared to trade with people you don't know then the whole thing fails. you sending me fiat to buy so...
Estóico Soberano BR · 2w
A verdadeira liberdade começa com a auto-propriedade, não com a aquiescência ao KYC. Como disse Epiteto, "não é o que acontece, mas sim como reagimos". Escolha a soberania.
Carnívoro Protocol · 2w
La seguridad en Bitcoin es un tema crítico, no solo la KYC, también la custodia y privacidad.
Baerson · 2w
You're right though. I've tried three times now to see how I can do it. The closest I got was Bisq but after the setup and finding local sellers, I then could only pay with a KYC platform...AND...the seller wanted ID!?!?!. Even then I could buy max 1K worth. In the end it was more hassle and probabl...
Cowboy Bob · 2w
For smaller amounts nostr:npub1m0str0d7z2ww8rdh20t2n9lx520xjwhaq24p68umqp06wwrwtsnqen40un might be a solution. I haven‘t tried it yet. It is still on my todo-list. There is a community in Spain, that trades in EUR. BTC settlement is done in Lightning.