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1  Bitcoin / Legal / Re: WHY DO I NEED I.D. AND PROOF OF ADDRESS ?? on: August 25, 2016, 09:10:55 PM
BitcoinNewsMagazine covered it pretty well.

HI VOD... question : do you like giving out your personal info in order to buy an "anonymous" product ? ... if someone has your personal info and what you bought, how is it anonymous ?


HI UQUID...  i dont understand what you posted...whats a "KYC" ?

KYC is know your customer
meaning : you know who you dealing with
if you not see their face , you need see their documents
simple like that bro !

ok, thanks .... well, i guess no bitcoins for me,not interested anymore...im not uploaded my i.d. and proof of adress to some "company"...god knows what they can do with my info, just seems creepy...i guess bitcoin isnt anonymous as proclaimed. thanks for the replies everyone
2  Bitcoin / Legal / Re: WHY DO I NEED I.D. AND PROOF OF ADDRESS ?? on: August 25, 2016, 08:22:06 PM
BitcoinNewsMagazine covered it pretty well.

HI VOD... question : do you like giving out your personal info in order to buy an "anonymous" product ? ... if someone has your personal info and what you bought, how is it anonymous ?


HI UQUID...  i dont understand what you posted...whats a "KYC" ?
3  Bitcoin / Legal / Re: WHY DO I NEED I.D. AND PROOF OF ADDRESS ?? on: August 25, 2016, 05:04:38 AM
HUH ?
what ?

"Companies have to comply with 'know your customer' and 'anti money laundering' laws to be able to conduct business."

last time i checked, its mainly banks that have to do that... so is bitcoin a banking product ?

i went to my local pawnshop and bought some items (including silver) and they didnt ask for i.d. .

i just dont get it ..... anybody else got input on this topic ?
4  Bitcoin / Legal / WHY DO I NEED I.D. AND PROOF OF ADDRESS ?? on: August 25, 2016, 04:30:33 AM
WHY DO I NEED I.D. AND PROOF OF ADDRESS TO BUY BITCOIN ??

tried to but bitcoin at several hubs/sites
they all asked for goverment issued id and proof of address

what gives ? i thought bitcoin was anonymous ?

any suggestions ?
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