Hey ! Good to see you all again!
Ok so I have come to scratch the Bitcoin itch after a break of nearly 3 years (to be honest, I didn't make much if anything mining)
So I have been buying small amounts of Bitcoin to invest in cloud mining (another subject for another day maybe, but in a nutshell I am thinking VERY long term)
I just wanted to comment on LOCAL BITCOIN where I buy my fractions of BTC from and ask for some opinions.
I am still able to buy after a break of nearly 3 years and still a verified user on the site.
But the cageyness (is that a word?) of the people on Local Bitcoins who are selling 'shocked me to the core'
I was told by one seller that they even needed some kind of 'money transmission' licence to sell bitcoin.
I guess the world has embraced Bitcoin but at the same time, stuck rules, laws and regulations on it. I'm gona need to start reading up on it all.
I was asked for pictures of myself holding my Drivers licence and bank card and asked to sign notes and send scans of documents?
What the heck? Verified isn't enough anymore?
Anyone want to enlighten me? What have I missed?
Thanks all and good to see you all again!
G