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0 sats \ 10 replies \ @Jon_Hodl 29 Jan \ parent \ on: Critiques of "Non-Kyc" Bitcoin bitcoin

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.

0 sats \ 9 replies \ @028559d218 OP 29 Jan

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/

21 sats \ 8 replies \ @Jon_Hodl 29 Jan

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.

0 sats \ 6 replies \ @028559d218 OP 29 Jan

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?

0 sats \ 3 replies \ @Jon_Hodl 29 Jan

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/

0 sats \ 2 replies \ @028559d218 OP 29 Jan

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.

0 sats \ 1 reply \ @Jon_Hodl 29 Jan

Looks like maybe the EU is cracking down on the "means of exit" as Lagarde would say.

0 sats \ 0 replies \ @028559d218 OP 29 Jan

What an outrageous situation. It cannot be like this everywhere in Europe. Have you ever tried the Vexyl app?

0 sats \ 1 reply \ @DarthCoin 29 Jan

Check these BTM machines

https://shitcoins.club/

0 sats \ 0 replies \ @028559d218 OP 29 Jan

Thanks

0 sats \ 0 replies \ @DarthCoin 29 Jan

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.