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Complete bullshit. Personally, I'm willing to pay the extra premium to get my coins from ATMs and P2P trades. This is what is so empowering about bitcoin. Once you experience the freedom, banks and exchanges seem like a joke. It's like we're all being treated like helpless children. Most of the world is still asleep. God damn bitcoin is a breath of fresh air.

BitBurn 2y ago

I have used BATM's and P2P services like Local Bitcoins (RIP) in the past but neither are good for large purchases so KYC and then coinjoin into cold storage is the only way. Throttling buys and sells does seem counter productive to freedom.

Apparently @jack can shitpost and hug but not address real questions about his own business.

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Discussion

🍊⚡adam sandals 2y ago

Ya, I hear you on the large purchases. Been thinking about how to address that in a non-KYC way once my locked-in RRSP is available. Bitcoin Well ATMs in Canada are great; you can buy up to $995 at a time without providing any information at all. You can do that repeatedly with a new address each time.

BitBurn 2y ago

Sweet. I'm sure what the limits are here in the states but the last time I bought from a BATM bitcoin's price was a bit over 16k and the ATM wanted over 18k, a 2k spread so I said fuck that and never went back.

🍊⚡adam sandals 2y ago

It's definitely a bit pricey. Worth it to me though. Fuck KYC