Oddbean

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

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

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.

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"

i have this situation right now... even my employer has just flipped a bunch of shitcoins to bitcoin because pump, but what i gotta do to get a piece of that lol well, it could be worse, but i have to psych myself to do this shit

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.

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 😉 https://stealthex.io https://poloniex.com https://bisq.network https://haveno-reto.com

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.

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.

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.