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> Last time I bought some bitcoin I had to scan my passport just to buy it on an exchange. There are plenty of exchanges that don't care one bit about KYC. Of

> Last time I bought some bitcoin I had to scan my passport just to buy it on an exchange. There are plenty of exchanges that don't care one bit about KYC. Of course, you get a significantly shittier exchange rate and sometimes waiting times of up to 90 days before you can do anything with your coins.

Teandw 4y ago
That means dealing with exchanges that are likely involved in illegal activities so a kind of mute point.
- sgjohnson 4y ago
  The only illegal activity they engage in is not giving a damn about KYC or AML laws. Which is fine by me.
  - Teandw 4y ago
    What a weird response.
- joncrocks 4y ago
  Moot point. https://www.merriam-webster.com/words-at-play/moot-or-mute https://www.merriam-webster.com/words-at-play/moot-or-mute
  - Teandw 4y ago
    I'll continue to use mute point.
    - pwinnski 4y ago
      "I will continue to openly demonstrate my willful ignorance" doesn't support your position well, and doesn't seem in line with the general tone of HackerNews, IMO.
- prvit 4y ago
mtlmtlmtlmtl 4y ago
So, in real life, you need a passport. Or all these other advantages are moot.