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0 sats \ 12 replies \ @Jon_Hodl 29 Jan \ parent \ on: Critiques of "Non-Kyc" Bitcoin bitcoin
They were like 7% when I was there.
Limits were like €500 per person per day or something but there are multiple machines across the city
If it's Non-Kyc... how do the machines identify individual persons?
Does it require a phone number? Does it have to be an Austrian number or just EU?
If a phone number is the only thing required... why not just use the same machine repeatedly or several times (with different numbers of course)?
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Not sure how it verifies since I never verified anything. It didn't require a phone number or anything for small orders under like 500 Euros or something. I can't quite remember but it was all very easy with just a few taps on the screen.
I never exceeded the non-KYC limit but I imagine that it uses an EU phone number that is verified and attached to your identity.
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It is possible, easy in fact to generate infinite phone numbers on the spot to receive authentication codes, paying over Lightning.
So if it asks for a phone number... you can just generate one to receive an authentication code.
Did the machine want to verify you weren't using it multiple times? Or ask for any other information?
Sms4Sats https://sms4sats.com/
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It is possible, easy in fact to generate infinite phone numbers on the spot to receive authentication codes, paying over Lightning. So if it asks for a phone number... you can just generate one to receive an authentication code.
But why bother with phone numbers and auth codes if you don't need to provide any information at all?
Did the machine want to verify you weren't using it multiple times? Or ask for any other information?
I never used it more than once in a certain timeframe. I would just visit one or two machines a day as I enjoyed the city. Euros in. Sats out.
IIRC, you walk up to the machine and tap "Buy Bitcoin" and then a second button for above/below the KYC limit. Then you agree to ToS and scan your address. You put cash in. When you're done, you tap a button and then it prints a receipt.
Txs are batched about once an hour so you have to wait a little bit but that's it. No personal data. I was there like 6 months so it might be different now.
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The times I've used a BTM (it's been a while) the machine gave me a paperwallet with a private key on it. Printed it out. Then I paid in cash... then later, maybe a half-hour later the funds were sent.
I swept the private key and had the funds, the end.
It sounds like in your case the machine actually scanned an address you provided? So you showed the machine a QR code from a phone?
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It sounds like in your case the machine actually scanned an address you provided? So you showed the machine a QR code from a phone?
Yes, that's what I did. I just took a pic of a QR code and took that.
Looks like they have increased ID verification now: https://coinatmradar.com/bitcoin_atm/11952/bitcoin-atm-general-bytes-vienna-bobby-klik/
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I looked up a random one (Milan Italy)
"For purchases up to €250 (Lightning up to €50), the name must be entered on the display. Higher amounts will require one-time verification using government-issued photo ID."
That is not acceptable.
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Thanks
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man... you are talking with dead brains from US, scared the shit out of them because of IRS crap... these people don't know what really is freedom, just fake it.
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