Nostr Web Client

I tried it here in Canada. It was cool that I did not have to explain anything to the clerk, just show the QR code and pay-up. Still not sure how KYC it actually is. I think your identity can be associated somewhere during the flow.

Tim Bouma 2y ago

The funding is ‘anonymous’, but once the funds hit your account, IMO you are doing a KYC purchase from your ‘verified’ account.

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Discussion

Lyn Alden 2y ago

It’s KYC free if you pay with cash, get the voucher, and redeem.

If you pay with credit cards or something then that starts adding traceable elements.

Tim Bouma 2y ago

Not sure about that. The Bitcoin Bull account is asking me to upload gov documents. I can have funds come in anonymously(cash at the post office) but buying Bitcoin is under a verified context.

Tim Bouma 2y ago

It’s a cool way to get anonymous money into the account, but calling it KYC-free is a bit of a stretch, IMO

Tim Bouma 2y ago

The QR code I present to the clerk effectively identifies me, so I wouldn’t even call that an anonymous cash transaction.