15 methods to acquire non-kyc bitcoin \ stacker news ~bitcoin

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15 methods to acquire non-kyc bitcoin sovrnbitcoiner.com/15-methods-to-aquire-non-kyc-bitcoin/

2198 sats \ 18 comments \ @HODL 12 Oct 2022 bitcoin

114 sats \ 9 replies \ @tomlaies 12 Oct 2022

Kyc-free plattforms that need a wire transfer are NOT kyc-free. Don't fool yourselves.

Bitcoin in-person meetups are the way to go. Bisq and cash by mail are interesting and cool and everything. But meetups are just better.

18 sats \ 4 replies \ @badabing 12 Oct 2022

That doesn't sound scalable. Platforms like Hodlhodl, Peach and Robosats are kyc-free for me, and scalable. No service collects my data, only the counterparty has access to it. And if you use e.g. Revolut, the counterparty only sees a first name. But good luck advocating for in-person-bought-btc-only.

3 sats \ 3 replies \ @tomlaies 12 Oct 2022

You're right. Scalability is a problem.

Vouchers would be an alternative that does not expose my banking information.

8 sats \ 0 replies \ @badabing 12 Oct 2022

Indeed, vouchers are an excellent alternative.

0 sats \ 1 reply \ @sommerfeld 13 Oct 2022

If you paid for the vouchers with CC, the voucher minter knows about you and can trace every voucher.

You are just adding an extra step.

0 sats \ 0 replies \ @tomlaies 13 Oct 2022

physical cash, craigslist etc. ?

10 sats \ 0 replies \ @sommerfeld 13 Oct 2022

It's non-KYC from a centralized authority. It's KYC to each individual peer.

Each peer can figure out who you are with enough effort. No central authority can easily get a complete picture.

0 sats \ 1 reply \ @kristapsk 14 Oct 2022

There is difference between providing your name, surname and IBAN only to counterparty you are dealing with vs providing this and more info to centralized exchange.