I don't understand why so many users here want to buy crypto without kyc

[Jason Voorhees]

I genuinely don't get why so many users here throw tantrums and jump through hoops for no KYC buys. I'll make it clear here you can't buy crypto without KYC unless you do peer to peer but it shouldn't matter. KYC isn't doxxing teenagers it's a basic AML tool so regulators can trace wallet addresses to real identities but isn't a privacy risk.

Even Monero with its fancy ring signatures and stealth addresses for hiding transactions, gets targeted because bad actors love it but the point is they don't care about your $500 ETH stack or edgy teenage trades for drugs on dark web. The entire system is built to flag massive suspicious flows, freeze CEX accounts tied to sanctioned entities.


In other words it is to stop drug cartels, billionaires, money launderers, terrorists, international financial criminals etc to stop people like these from moving large sums of money across the border. I will tell what you should be worried about it is centralized honey pots. Exchanges and third party KYC vendors that get breached like Ledger and Coinbase but otherwise they don't give a flying fuck about you. You're not a cypherpunk hero protagonist. No one cares about you and no one is out there to get you. You are too irrelevant and small for anyone to care.

 

[Jason Voorhees]

@Chadeep @imontheloose

 

[jgrey080]

Moneymaking and success type post

 

[Jason Voorhees]

@Chadeep @Stalker @Chadeep @Mob Boss

 

[Aㅤㅤㅤ]

Moneymaking and success type post

Would gain more traction if he posted there, to be fair.

 

[Jason Voorhees]

Would gain more traction if he posted there, to be fair.

That is kind of a dead section

 

[ChadThundercøck]

You're not a cypherpunk hero protagonist

Caging

I agree though most people are to insignificant to get targeted

 

[Jason Voorhees]

@dhusc @blinkers

 

[juggingfent]

I genuinely don't get why so many users here throw tantrums and jump through hoops for no KYC buys. I'll make it clear here you can't buy crypto without KYC unless you do peer to peer but it shouldn't matter. KYC isn't doxxing teenagers it's a basic AML tool so regulators can trace wallet addresses to real identities but isn't a privacy risk.

Even Monero with its fancy ring signatures and stealth addresses for hiding transactions, gets targeted because bad actors love it but the point is they don't care about your $500 ETH stack or edgy teenage trades for drugs on dark web. The entire system is built to flag massive suspicious flows, freeze CEX accounts tied to sanctioned entities.


In other words it is to stop drug cartels, billionaires, money launderers, terrorists, international financial criminals etc to stop people like these from moving large sums of money across the border. I will tell what you should be worried about it is centralized honey pots. Exchanges and third party KYC vendors that get breached like Ledger and Coinbase but otherwise they don't give a flying fuck about you. You're not a cypherpunk hero protagonist. No one cares about you and no one is out there to get you. You are too irrelevant and small for anyone to care.

because many of them are underage?
in my country you need to be atleast 18 year old to buy crypto so I stick to p2p

 

[blinkers]

I genuinely don't get why so many users here throw tantrums and jump through hoops for no KYC buys. I'll make it clear here you can't buy crypto without KYC unless you do peer to peer but it shouldn't matter. KYC isn't doxxing teenagers it's a basic AML tool so regulators can trace wallet addresses to real identities but isn't a privacy risk.

Even Monero with its fancy ring signatures and stealth addresses for hiding transactions, gets targeted because bad actors love it but the point is they don't care about your $500 ETH stack or edgy teenage trades for drugs on dark web. The entire system is built to flag massive suspicious flows, freeze CEX accounts tied to sanctioned entities.


In other words it is to stop drug cartels, billionaires, money launderers, terrorists, international financial criminals etc to stop people like these from moving large sums of money across the border. I will tell what you should be worried about it is centralized honey pots. Exchanges and third party KYC vendors that get breached like Ledger and Coinbase but otherwise they don't give a flying fuck about you. You're not a cypherpunk hero protagonist. No one cares about you and no one is out there to get you. You are too irrelevant and small for anyone to care.

Cuz I’m under age

 

[NinjaRG9]

kfc

 

[Jason Voorhees]

because many of them are underage?
in my country you need to be atleast 18 year old to buy crypto so I stick to p2p

Cuz I’m under age

Oh yes. I completely forgot. There are those types also

 

[Lemic]

I didnt know this actually

 

[Punjabi Waffen]

isn't doxxing teenagers

bhenchod we dont care about getting doxxed we care about buying crypto while not having a credit card or being under 18

 

[Lemic]

Anyone use disposable virtual cards?

 

[Jason Voorhees]

Anyone use disposable virtual cards?

Use them all the time. Work brilliantly for e commerce but they are not meant for anonymity it's for data leaks. not anonymity. They protect your actual bank account from shady e commerce leaks

 

[Jason Voorhees]

Jmp

 

[Jason Voorhees]

@primal_shitmuncher

 

[Jason Voorhees]

@Joeseminate

 

[Jason Voorhees]

@anondude

 

[ANON]

@anondude

I’m not much of a crypto guy tbh

 

[ChadThundercøck]

@Mob Boss

 

[Jason Voorhees]

@zenn @afroheadluke

 

[Jason Voorhees]

@socio

 

[Jason Voorhees]

@savage21

 

[guts000]

I genuinely don't get why so many users here throw tantrums and jump through hoops for no KYC buys. I'll make it clear here you can't buy crypto without KYC unless you do peer to peer but it shouldn't matter. KYC isn't doxxing teenagers it's a basic AML tool so regulators can trace wallet addresses to real identities but isn't a privacy risk.

Even Monero with its fancy ring signatures and stealth addresses for hiding transactions, gets targeted because bad actors love it but the point is they don't care about your $500 ETH stack or edgy teenage trades for drugs on dark web. The entire system is built to flag massive suspicious flows, freeze CEX accounts tied to sanctioned entities.


In other words it is to stop drug cartels, billionaires, money launderers, terrorists, international financial criminals etc to stop people like these from moving large sums of money across the border. I will tell what you should be worried about it is centralized honey pots. Exchanges and third party KYC vendors that get breached like Ledger and Coinbase but otherwise they don't give a flying fuck about you. You're not a cypherpunk hero protagonist. No one cares about you and no one is out there to get you. You are too irrelevant and small for anyone to care.

95% arent 18