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At some point you will need to convert fiat into cryptocurrency and vice-versa, and the companies that provide that service legally will require your identifica

by gonmf 9y ago

At some point you will need to convert fiat into cryptocurrency and vice-versa, and the companies that provide that service legally will require your identification.

throughnothing 9y ago
Why? You can buy just about anything you want with any cryptocurrency you have through Purse.io + Amazon.
- 45h34jh53k4j 9y ago
  Sure, if your on the train. What do we tell those that are yet to purchase coin, and wish to anonymously? Coinbase now requires 'selfies'!
- Loony2 9y ago
  And you give up your anonymity as soon as you do.
influx 9y ago
There are services like https://localbitcoins.com/ https://localbitcoins.com/ which I presume could be utilized to avoid identification.
- sharemywin 9y ago
  not really you deposit the money in a bank. Not sure how long they keep video for but I imagine a while.