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If you can buy bitcoin in untraceable cash, you can sell it for untraceable cash. Also, you can (could) convert traceable payments to your electric utility and
by LeifCarrotson 7y ago
If you can buy bitcoin in untraceable cash, you can sell it for untraceable cash. Also, you can (could) convert traceable payments to your electric utility and computer hardware to mining efforts that couldn't be linked to your power bill.
The problem is that most people don't do either of those things, instead, they buy and sell it at exchanges with very traceable credit cards.
- deleted 7y ago[deleted]
- weare138 7y agoThe problem with exchanging BTC for untraceable cash or vice versa is the people you would be dealing with are probably criminals who are not above robbing you of your BTC and/or cash.
- jammygit 7y agoIirc there is a bitcoin “atm” somewhere in my city
- weare138 7y agoIf the cash loaded into a bitcoin "atm" is legal, it's traceable. If it is illegal then your results may vary, most likely to your financial and legal detriment. If you think a bitcoin "atm" is a solution to this problem then hopefully your lawyer accepts bitcoins.
- dylz 7y agoEvery Bitcoin ATM I've seen here require you to look into the front-facing camera and insert/swipe ID.
- abeld 7y agoAn easy solution to that is to find a homeless person nearby and use fake IDs -- i.e. bribe someone else do the transaction instead of you