Bitcoin Forum

Nigeria, probably Africa's largest bitcoin market needs all it takes to pull more adoption, i,prove anonymous transactions and easy accessible ways to transact. I know this might be a bit risky but due to the concern of Bitcoin ATM requiring ID and phone number it makes anonymity ineffective. Now the idea is Bitcoin Kiosk owned by a private individual, no ID required, no phone number. Ill show you how i plan it will work, more ideas can come in.


First choose a precise and secured location.

The kiosks could be placed in urban centers, marketplaces and big industrial areas and GRA's. Hardware, solar power should be availlbale in case of unstable electricity in that area.

Transaction Pair

Cash/BTC: Pay in Naira and Bitcoin will be sent instantly using lightning network channels, coinjoin or any available mixer.
BTC/Cash: Send BTC to the kiosk address withdraw Naira after confirmation. Use Bitcoin wallet that supports automatic generation of new receiving addresses (sub-addresses) for improved privacy.
Voucher Exchange: Buy or redeem Bitcoin vouchers/codes.

Challenges

In the meantime there is no band against Crypto in Nigeria anymore but the government is still hostile toward crypto activities in Nigeria through regulations and enforcement. How we choose to name the kiosks will matter a lot, no emphasis should be made on "Crypto" or "ATM". P2P, Non-custodian and Anonymity transactions is appropriate.

FYI

1. Seller/operator does not see the buyer’s face.
2. Buyer does not see the seller’s face.
3. No surveillance cameras or face exposure.

How it is Done

a. Gloved Hand to ensure no contact. The operator wears a hoodie, sunglasses, mask, and gloves.

b. QR Code Boards, display or place a printed QR code (fresh address every time) on a wall or on a screen.

c. Assign yourself a non-personal phone number via apps like TextNow, MySudo, or a local burner SIM. Also make use of a nickname not your real name.

d. Two-Way Drop Box  and Locker System

f. Mask your voice   Speak behind a curtain or use a cheap voice scrambler app.

I am open to more suggestions.

When reading this your op post, what mostly caught my attention is this three highlighted statement here, first and foremost you need to understand that this is a financial transaction, and it's very important for surveillance camera to be in place in case of any security breach, secondly, this your public Bitcoin kiosk of a thing is not going to work in the country because our government is not fully committed in crypto related activities.
How will you feel safe if you are buying or selling something to someone that is on mask?

A Bitcoin ATM would be much more better than this kiosk that you are talking about, and for that to be in place in our country, the government must the the brain backing it, but due to how hostile they are towards crypto right now, I don't see that happening soon.
But if our government can be more crypto friendly, I believe that the Bitcoin ATM will bring more awareness about Bitcoin to the general public in no distance time.

I don't think the Bitcoin Kiosks initiative in Nigeria should be welcomed for now due to security reasons, the security issues  in our country currently is alarming and since Bitcoin is scarce you could imagine what impatient people who can't buy and hold for long-term, I mean hoodlums and robbers would to those operating in the Kiosk, if robbers could raid banks in urban areas you could imagine what they discover Bitcoin Kiosks.

 There's this topic I came across in Beginners and help board, concerning a crypto exchange ceo's daughter that escaped kidnapping https://bitcointalk.org/index.php?topic=5543371.msg65380256#msg65380256, you could imagine the fate of those operating the Kiosks when kidnappers realize they can kidnap them and take their Bitcoin or demand for Bitcoin as ransom, local exchanges advertising about bitcoin and installing Bitcoin ATM's is even more preferable in trying to encourage people concerning the use of Bitcoin.

Coinjoin while using bitcoin ATM? I do not think a bitcoin ATM operator will consider this. They will consider profit and also abiding to the government regulations in the country. If you are looking for anonymity, do not use bitcoin ATM.

But with just 2 bitcoin ATMs in Nigeria since many years ago, I do not think it will be a lucrative business in the country.


The Kiosk he is referring to is the bitcoin ATM.

The present Nigeria government are not hostile to cryptocurrencies but was hostile to P2P transaction when naira was too volatile and depreciating in price. Bitcoin ATM transaction is not P2P. Also P2P transaction is still the commonest means Nigerians are using for making transaction because it has the best rate.