I'm done. I've literally tried every means and method of buying Bitcoin without providing identifying documents, a selfie, my left kidney and firstborn child. Not one of them has worked. I've attempted to be patient, to try all the suggestions for no-KYC Bitcoin that I've received, but again, none of them has worked. Not ONE. I've had it up to here with this nonsense. This year-long attempt to get into Bitcoin has been a MASSIVE waste of my time. People can put their info at risk so they can buy and hodl all they want, I'm not having it. If I refuse to KYC, and can't get it via the no-KYC methods, then I have no reason to keep trying because it's a currently hopeless endeavor. Bitcoin is some really awesome technology with some truly great potential to fix many problems, but so long as KYC exists (or, at the very least, remains this strict), people like myself will never be able to get on board. So yeah, I'm done. Glad y'all are having fun with it but I'm not wasting any more of my time on absurd and hopeless scenarios. I don't need that kind of BS stress in my life. #Bitcoin #KYC #DEX #stress

Replies (100)

by the nature of the time of the market, trading for fiat is not going to be quite as easy in the other 3 years we are not in best way to get bitcoin at this time in the market is to ask it in trade for stuff, especially labor... the exmployer at this point is looking at it thinking "ooh, deflating asset, i'll buy that and then pay my worker with it"
well, i say, put your eggs in one basket, that is far away i use xapo bank, based in Gibraltar, and i live in EU, they are UK, so it's two degrees of bullshit bureaucracy for the local extortionists to get the gist of what i'm doing... better than nothing i say but thety are charging an arm and a leg for annual membership fee... $1000 now... so unless you are a tech worker like me where that is under 1/3 of my monthly pay ... not feasible i'm not sure what problems you have been having with robosats... i found it worked ok, but you pretty much have to KYC with the revolut or whatever that you use with it not gonna lie, it's very hard to do bitcoin trades without KYC, they have put guards on every gate i remember the good old days of localbitcoins.com when i did many trades just based on reputation and in person with cash and watch them sign off on broadcasting a tx
"It's very hard to do Bitcoin trades without KYC" is exactly the problem. Hell will freeze over before I KYC for anything willingly and I'm certainly not doing it for $50 of Bitcoin in a personal trial run... which sucks to say because I do see many of the ways it can significantly improve our future. However, if governments can simply block all the entries like this, I'm not sure it's quite the be-all/end-all that many claim. The dumb thing is, I'm not even explicitly anti-KYC because I want financial privacy (though that is still quite important). It's that I'm not about to give sensitive documentation (which is difficult to replace) to a centralized platform that's highly targeted by blackhats, especially not when I'm incapable of verifying that they're doing due diligence. I'm also not about to give selfies to these platforms for Lord knows what purpose, which would make a data breach even WORSE for the victims involved.
Like 90% of existing offers asked for either altcoins or for some KYCed third party apl. Not sure what happened with the offer either but it legitimately would not let me place it. I appreciate all the attempts people have made to try to help me with the whole process but like I said, unless something changes or a better solution appears, I'm done even trying.
haha yeah... so, i'm working on an arweave project until recently... and for curiosity i tried to buy some AR tokens the most recommended vendor required KYC so i declined less than two weeks later i get an email from them telling me their were hacked and heaps of people's KYC data was leaked i don't blame anyone for not wanting to do KYC there WILL be vendors out there in other jurisdictions seizing on this opportunity, but finding them, and being able to evaluate if you can trust them is gonna suck but overall, in the next year i expect there will be such a strong demand for purchase of cryptos without KYC that at least one jurisdiction of note is going to open it up... maybe switzerland, at least, since they aren't EU
It's not really the privacy issue for me as I intend to stay within the law (as much as I despise taxes, I'm not willing to go to jail over them). My issue is that I am not risking my sensitive information with an exchange. Data breaches can and do occur and the last thing I need is to be bogged down by federal and state bureaucracy to fix the issue, protect my identity and fix any damage to my credit score.
Maybe but I'm not at all holding my breath. I'm not moving out of my town at any point in the foreseeable future and like I mentioned prior, I'm in a relatively low-tech small town. Shoot, I took a look at BTC Map and the nearest ANYTHING on it was a single Bitcoin ATM over 30 minutes away and after that, it'd be close to an hour drive before anything else showed up. Goes to show how my town and area is old school. Fortunately for privacy, this also does mean that most people still use (and accept) cash above payment apps and cards.
Yeah, I thought the same until I found out that they're charging a 20% premium for each transaction. So yeah, unfortunately, that definitely won't work for me when I'm just trying to do a trial run.
there is this project called "vexl" that i never got around to using but it uses social media graphs to find you trading partners there surely must be p2p traders out here #asknostr - does anyone know of decently scammer free p2p trading methods, not including the most well known ones...
Yeah, it's absolutely insane. I don't mind a small premium, but that's just way too high for it to be worth it for me. They don't require any KYC besides your phone number, which is okay with me, but you're obviously paying extra money for the "luxury" of the basic rights of privacy and security. My concern is that if I'm doing peer-to-peer without a trustworthy mediator of some sort, then I'm basically putting my money at risk and I can't afford that at this point in my life. And honestly, even though I do believe in Bitcoin, I'm not so desperate to use it that I'm going to go to insane trouble just to get it. Hopefully the KYC laws will relax a little now that we have a pro-Bitcoin president on the way, but again, not holding my breath too much.
well, idk, i guess that's the price of minimal bullshit right now... since it's a percentage you can do smaller amounts and it's smaller amounts they take i've been in this since 2012 and so i'd say that this is probably par for the course, money changers gonna money change, and this is why also a lot of bitcoiners move to more friendly places
Well, I guess it's really out because I don't plan on moving out of my town and if I do, I don't know if I'm necessarily going to find my way to countries that are more friendly towards Bitcoin. 😬
True, I just hope that I don't get any more grief from some of the Bitcoin maxis (not you) that act as if I'm making excuses for not being able to use it. It definitely does suck, though, that I have to continue using the fiat system because of all their nonsense regulations which keep us locked in.
bah fuck them, if they don't read your account of your experience then they don't deserve your attention besides, most of them have their ways to get cash and could actually help you out i'm sure during this bull market there will be a lot of people starting up who have piles of bitcoin, who convert a part of it to cash and start selling it p2p the amount of bullshit governments are doing these days to try and enforce their protection racket is probably higher than it ever has been
I'll be keeping my eyes open for any kinds of potential ways to get it to work for me, but I'm not going to actively hunt either because it just frustrates me when I realize none of them work (and I definitely don't need more stress on my plate right now). I guess the best thing I can do is continue to research and keep my eyes open so that if something does come up, I'll know how to use it.
Enter in crypto without KYC is difficult, close to impossible, maybe talk to your friends if they agree to deal with you but CEX exchanges need to comply if they want doing business with the agreement of government. There are options anyway like stealthex or Poloniex where you will need to KYC with the card payment processing only not the exchange, Bisq or Haveno (reto) but it will be more and more difficult in the future to not KYC on CEX. I don't care about KYC because Monero break the link, then you are in shadow 😉
I appreciate the tips but I've tried just about all of those and they just don't work for me. I also don't have any friends (at least not close friends) that are even remotely into Bitcoin, so that's out too. Furthermore, I don't care so much about the privacy implications because I probably would use Monero for a lot of things alongside Bitcoin. The problem is I don't want exchanges having that information in the first place. Their high priority targets for black hats and the last thing I need on my plate is having to deal with government bureaucracy to lock down any potential identity theft or credit score issues.
Most likely it'll fall under the same issues that I encountered with other decentralized exchanges. I haven't checked that one in particular, but it's very likely that I will run into the same problems because it's not really a problem with the DEXes themselves. So usually down to all the offers requiring too high of a minimum payment or not supporting payment methods that I can use. I mean, I could try it, but I'm not sure if I want to put time into it if it's most likely going to fall under the same problems. I do appreciate the suggestion, however, and at least now I'm aware of it.
So this is the entire point of Vexl as you never trade with somebody that you don’t have a level of trust with it’s built off of friends and friends of friends, but it does it in a way that’s anonymous, discreet, and totally private from a user perspective. So let’s imagine that you and I share five common friends. Well, that’s a pretty good start but as your network keeps growing, you’ll start to see that you have not only lots of offers, but offers with lots of mutual friends in common. This is how we do it KYC is dangerous for everyone. Opt out check out to Vexl and start trading purely peer to peer.
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Rand 1 year ago
sry fren but i must disagree here. MIX@ meetupS/ for better back uP/
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Rand 1 year ago
roadtrip to meatspace meetup p2p/ find fine frens fortune facility ffs/
First off, I sincerely appreciate the sats! As for Vexl, does this mean I'd need to have friends to trade with? If so, I'm afraid I'd run into the same issue I have with the whole meetup thing. Aside from online acquaintances, I have no friends that have any crypto, much less BTC.
If I have to drive more than 30 mins to an hour to get to one, it's not worth it for me. The travel alone would cost me more than I can afford to put into BTC at the moment, and that's IF I find anyone I can safely transact with.
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Rand 1 year ago
try harder for this opportunity of a lifetime if U care/B++ will be the new realestate market in which i have spent my whole life-5 decades/ P2P where i can C++/ personal/private finance, seller financing with contracts subject to - allowed in all 50 & most places around this globe/ i started with no $ but ideas & time
Great question! But this is the network affect in action. This is a really common misconception . I don’t have any friends… Of course you do, bitcoin is proof of work, of course you can’t expect to just open the app and there is everything you need. Things of value take time and work to build. Now you might say I have no friends to trade with but in reality we are all seperated 6 degrees from satoshi himself. So while you might not think you have any friends, bitcoin is here and you might be surprised to have friends of friends that are bitcoiners. This is how it works. My dog walker isn’t a Bitcoiner yet, but she’s someone I trust and multiple other people trust. She’s not on Vexl, she’s doesn’t have bitcoin but one of her friends is a Bitcoiner and is on Vexl. So we can leverage our trust in our mutual dog walker friend to trade. Over time it begins to scale. Where you have 25 friends or 50 friends in common.
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Rand 1 year ago
pain was minimal with good guidance to a huge pie even in downturns
I appreciate this explanation. The trouble is that I live in a rural small town with citizens who aren't the most tech savvy bunch haha. Most of the young, tech savvy folks move towards the big cities. I'll just say I'll leave my options open for something like Vexl. I'll try to see if I can look deeper into how it works though.
Some info, but probably not that kind, considering I literally never KYC and keep a very close eye on what data I allow out there (and what data breaches have occurred so that I can take preemptive action). Even if my data WERE out there, I don't see it as a justifiable action to risk that data even more. I've recently dealt with government bureaucracy on this level and the last thing I need is to be tangled in that mess again just to buy a $50 trial run of something I won't likely go all-in with, despite seeing the advantages. I know people here don't like that sentiment but that's where I'm at right now.
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Rand 1 year ago
there are no miracles but sum definite ways to streamline this process & after one deal could be on your way. i keep telling my kids the same and will walk any younger thru this stuff. Boomers are the biggest demographic with the most wealth(not b-cuz it was ez but have been here longer to figure things out) and are cycling out - can't maintain. Start looking in your area for a win/win deal U could step into and make sumthing for both involved. No 3rd parties/ if U need tips hit me UP/
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Rand 1 year ago
no pay fren just a sharing of knowledge/i don't need fiat or sats
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Rand 1 year ago
most will never take that first step which boggles my mind but i believe U will m lol
Whine... I've presented perfectly valid issues I'm having and you say I'm whining. And y'all WONDER why outsiders view Bitcoiners as a cult: so many of you can't accept when people raise valid concerns as to why they can't get into it. Maybe, just MAYBE I'm not the only one who is frustrated with the current setup and the way you guys act toward anyone who isn't some hardcore maxi who thinks "Bitcoin solves this" when you spot someone trip on a frickin sidewalk. 🙄
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Rand 1 year ago
1st encounter so there is that but i keep trying ffs......idk hey but having fun & my kids are finally coming around(o_O)
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Rand 1 year ago
shit fren, i'm not talkin Bitcoin but tools to navigate this roulette wheel we r on
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Rand 1 year ago
and i stand behind what i say for future ref.
I haven't tried putting out an offer myself because I'm not certain I can use any of them. I don't have a credit card, I only hold a dollar or two in altcoins (from things like Brave Rewards) and I'm not KYCing with an app. Cash App is about the only one that MIGHT work but I need to look into their KYC policy.
That's what I was thinking. Sadly, until a competitor comes close, I don't see it changing. Hopefully it will eventually though!
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Rand 1 year ago
np, think about things, i will always help if i can!
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Rand 1 year ago
reach back out after sleeping on it
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gugi 1 year ago
Did you try azte.co vouchers, and use eneba retailer. No KYC and easy to use
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gugi 1 year ago
Did you try azte.co vouchers, and use eneba retailer. No KYC and easy to use
PayPal doesn't require KYC for anything I use it for. Thing is, I'm not KYCing with anybody. Whether that's a financial app, a CEX... Anybody. Just not gonna happen.
WTH are you talking about? I’m state side and haven’t had any of this trouble… cold storage if your scared about KYC, and if you staying within taxable laws then why worry about KYC? Purchasing btc has NEVER impacted a credit score or made my identity anymore less secure than using your face to login to phone 🤔✌️🤝
"I am not risking my sensitive information with an exchange. Data breaches can and do occur and the last thing I need is to be bogged down by federal and state bureaucracy to fix the issue, protect my identity and fix any damage to my credit score."
Also if you want to pay taxes and stay in legal realm, how can you complain about btc as a problem when fiat is so much worse?
Haven't used Robosats for a while. But it did exist. I guess you share the gift card code, they transfer SATs. Whatever they do with it will be traced to you, but not the crypto. KYC is based on Amazon account and a credit card. You probably can secure gift cards for cash a lot easier. That would be completely non-kyc by my standards. Provided the option exists.
Tbh I’m starting to think bitcoin is the actual CBDC, likely invented by Peter Thiel and they figured the best way to spread it was to get all the nonconformists on first so he targeted Libertarians, anarchists and drug users first, get them 100% on board before getting the US President and Blackrock involved. It’s working out pretty well…
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gugi 1 year ago
You just buy voucher online using debit card and then transfer funds to your Bitcoin wallet or lightning wallet.
Quick question: is the company US-based? I use prepaid credit cards you can buy in stores and they require you to purchase domestically (annoyingly enough).
Not a half bad thought, but my gut tells me that's not quite it because of how the tech works. Still, it does feel like the BTC maxis are overlooking areas with Bitcoin that can theoretically be major issues.
Mobile, haven't tried web. I only VAGUELY recall that as an option with another DEX, maybe Bisq? I'm not sure.
I appreciate the link, I will bookmark that for future reference. My main issues with it haven't been on the technical side but it doesn't hurt to have the guide to look back on 🤙
No, because everything I've researched indicates it'd be a waste of my time since I don't have hardware that'd be able to pull it off.
If you buy bitcoin, you spend fiat, and you get bitcoin. If you mine bitcoin, you have to spend the fiat upfront to buy the equipment, then you mine bitcoin over a period of time. You spend fiat either way. The upside is that the bitcoin from mining is completely non-KYC, which is what you want. Have you done any cost analysis? What are the numbers?
I'm dipping my toes in the water, first off. I'm not going to sell a kidney to buy mining hardware, then pay the excessive power bill that it racks up, just to get myself $50 of Bitcoin. It's just not worth it for me. If I had gotten into this space earlier, it might have been a consideration but the sheer amount of money I'd have to invest in order to have a fighting chance at gaining any rewards from a mining system really wouldn't justify the cost for me, especially not at this point in my life. Right now, I have a lot more important things to worry about than desperately trying to find a way to try something I'm not convinced I'll go deep into.
Literally tried everything I can, it just doesn't work for me sadly. No meetups anywhere near me either, which is unfortunate.
Do you have push notifications enabled and working on your device? Necessary for Minibits NWC to work.
Oh, something's going wrong on your end? I received your zap and I appreciate it! 🙌
I didn't have the issue of receiving, oddly, but I'm using Amethyst on mobile, and I go between Snort and Coracle on my PC. I'm not sure how to fix the issue you're referring to, at least not in Amethyst.
Nice, I don't use Nostr as much as many people do so the current setup works for me, but I do like that we have the ability to freely use any client without migrating anything 😎