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July 08, 2013, 05:53:19 PM |
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So I went to buy some cheap $65 BTC yesterday at Bitinstant, as I had done in the past. Sure Im paying a decent fee but its straight cash to BTC. I did this a bunch in the past. Now I see they have a formal ID verification process, like Im applying for a freaking home loan or something. Basically, they fully complied with the feds because it was that or fold up shop. So, you cant buy BTC anonymously through any type of company as a USA resident because they need to comply with FinCEN and AML laws.
So as far as I know, you can only get anonymous bitcoins:
1. Mining (the grinders game - "slow and low, that is the tempo, unless you gots, a jalapeno" [R.I.P Adam Yauch]) 2. Person to person $ for BTC transactions (face to face or over the net) 3. Selling products or services for BTC (probably the fastest and most secure way, but you needs good margins/markup on what you sell) 4. Win them gambling (Seals With Clubs etc - this is how I got the bulk of mine)
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