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Really? I'm kind of amazed by this whole thing - I never thought there would be a desire to purchase bitcoins in real life with physical cash. I always though
by luke_s 13y ago
Really? I'm kind of amazed by this whole thing - I never thought there would be a desire to purchase bitcoins in real life with physical cash. I always thought of it more as a online thing people would do via exchanges, smart phone apps, etc.
If you don't mind me asking - Where was the machine? Why were you buying bitcoins there vs just using an online exchange?
- ok_craig 13y agoIt was at the money2020 conference and I work in the bitcoin industry so I was naturally curious.
- lewispollard 13y agoI guess it adds another layer on anonymity to it. Online exchanges often require your name and address, and even if they don't, you're probably going to be funding it via a debit card or bank account which can be traced back to you. By using cash, there's no way of identifying who purchased the bitcoins (except via cctv I guess)
- selectstar 13y agoWhatever the location, you can imagine the CCTV that will be around them when they appear in the wild.