Bitcoin is simply too difficult to buy to gain acceptance

[kingplaya4]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

[perry8912]

Why do you need acceptance? Do you really believe in Bitcoin??
Don't be a fool. Most of us mine and trade bitcoin here is to make profit, not to use it as real currency. Right now in bear market, I do short selling, just like stocks. Either way, I make money from it, and that's enough.

[Red-Apple]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

[Sithawaka]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

great convincing and of course we cannot come to a conclusion that there is a  hard time gaining acceptance  for bitcoin just because usability of a one atm machine is no that well and also we have to agree that majority of major governments like Switzerland now days having an open mind towards bitcoin acceptance due to its increasing demand and the rest will definitely do the same because otherwise they might left behind in the future

[BitBustah]

Why do you need acceptance? Do you really believe in Bitcoin??
Don't be a fool. Most of us mine and trade bitcoin here is to make profit, not to use it as real currency. Right now in bear market, I do short selling, just like stocks. Either way, I make money from it, and that's enough.

This is ad but true, the majority of people just buy bitcoin to make a profit and not to conduct commerce.  How many stores in real life are accepting crypto payments? Not many and if they do its a middleman service like bitpay which converts the coins instantly to fiat money.  This isn't necessarily a bad thing though, bitcoin is better as a store of value anyways and can capture some of gold's seven trillion marketcap.

[Upgrade00]

KYC is a very delicate issue, a lot of bitcoin enthusiasts are against the idea of revealing their personal identity when this is a decentralized protocol, and also the threat of misuse and sale of data.

Btc is supposed to be anonymous and easy but it is neither.

It's supposed to be a lot of other things as well which it is; it is transparent and borderless. It's also irreversible, preventing double spending.
Global adoption would make it easier to own bitcoins without buying them, if it becomes accepted as a currency and means of exchange.

[mk4]

What exchange did you use that rejected your card?

KYC is mandatory on almost every bitcoin<->fiat exchange, and that's not even bitcoin's fault. That's just the companies/exchanges following the requirements of the government.

I suggest using LocalBitcoins[1] or Mycelium Local Trader[2] instead. You can do meetups with people instead this way, and you can pay with cash if you wanted to(which is better in terms of anonymity compared to using PayPal/debitcards/creditcards). Just make sure that you choose a well-lit and well-secured place.

[1] https://localbitcoins.com/
[2] https://mycelium.com/lt/help.html

[Coin-Desk]

No there is no difficuties to buy bitcoin. It is very easy to buy bitcoin. You just find a real buyer to buy some bitcoin. Or you can use trading platform for purchase or exchange bitcoin. It is very safe to use exchange platform. Or you can use online website for buy bitcoin it is very easy to use.

So there is no difficulties to buy bitcoin.

[NeuroticFish]

~
After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone
~

Believe me, I feel your pain. For accessing certain services I need, for example, to provide location proof. And because of some silly politicians in my area, the address from my ID is not the same as in the utility bills (the street name has change !!! some 15 years ago !!! and the utility companies still didn't update it), so I have to go to bank and get a paper from them since they're the only ones with my proper address in their system. So as long as possible I avoid the services asking for proof of residence.

There are services more picky with the things you need to provide for identifying yourself/KYC and there are sites more lax about that.
There are services or sellers you can even find on bitcointalk. The fees also vary.

Nobody is perfect and as in every business there probably are some you'd find just fine for your needs too.
Unfortunately it's not easy to find the perfect one. So it may take quite some time or luck to find it!


TL;DR; Not all services are perfect for everybody. Research more, and ask more.

[BrewMaster]

my friend you are not complaining about bitcoin, you think you are but you really aren't.

what you are complaining about is the banking system and regulation laws. and you are complaining about them in a wrong place. this is a bitcoin forum not a banking system or government related forum.

all the "headaches" you just described here are coming from the banking system that forces you to bend over backwards in order to use your own money. and the government that forces the exchanges to force you to send them your documents. so if you are unhappy about KYC and AML laws then you should complain in the correct place, which is with your government

[avikz]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

You are facing a hard time because you don't know the proper resource to buy bitcoin. I suggest you to use localbitcoins platform and if you are not buying anything very significant, they won't ask for any KYC. I have been using their service for a long time now and never faced any single issue till date.

However, I just want to add that be prepared for KYC going forward if you want to continue with cryptos. Because the world is slowly moving towards crypto regulation and KYC comes with it. So probably in future, you would require KYC if you need to use crypto for any reason. It's better to be prepared from now. A lot of people may argue about it, but I am just being practical.

[Destico]

It depends on individual point of view, here in my country, exchangers are here to help you buy bitcoin with your local currency,though it will cost you a token, but because of many are used to paper note,it become a little difficult to accepts bitcoin and also some local stores and mall are yet to accept it.

[kingplaya4]

The experience was irritating, but as I said I have an atm (Actually 2) within an hours ride of where I live which I usually don't mind, but being ill I preferred to buy at home. I was shocked at how difficult it was, and it occurred to me that this was likely a big part of the reason btcs price is languishing. I really didn't want to send the company all that info in the first place, but I took a number of photos to make sure they were all clear and then it was doubly irritating when they were rejected.

Sure it's not btcs fault, but it's the reality of the situation. I looked up paxful and localbitcoin and the sellers wanted way too much juice for themselves, which I don't fault them for, they probably get scammed sometimes, but since I'm a straight arrow, I'm not going to pay for other's mistakes or misdeeds and I'm sure Joe public feels the same way.

As long as governments can force the exchanges to collect this info, the btc concept is pretty dead. How is it more appealing than cash, except in a scenario like mine where you are forced (Again by government regulation) to get around the regular banking system? But with normal transactions on amazon or ebay or whatever, people will just use their credit cards, there's no real appeal. If it was easy to buy and you could buy within a percent or two of spot I think you'd get more Joe publics collecting.

[mk4]

As long as governments can force the exchanges to collect this info, the btc concept is pretty dead. How is it more appealing than cash, except in a scenario like mine where you are forced (Again by government regulation) to get around the regular banking system?

KYC/AML is definitely a huge hindrance, but I wouldn't automatically call bitcoin's concept "dead". It might be a bit difficult depending on what country and city you're in, but the best method in terms of anonymity is still to meet up with buyers/sellers personally, as transacting in person via cash is a lot more untraceable than using banks/PayPal. Hence I sound like a broken record as I always recommend LocalBitcoins and Mycelium Local Trader.

But with normal transactions on amazon or ebay or whatever, people will just use their credit cards, there's no real appeal. If it was easy to buy and you could buy within a percent or two of spot I think you'd get more Joe publics collecting.

I really won't disagree with this, as paying with credit/debit cards and or PayPal is simply a lot faster and easier. Well, let's see how LN will do when it becomes "ready" enough.

[muratsink]

sometimes we get difficult exchanges and make us dissatisfied. Bitcoin ATM machines are also not perfect, and are still limited.

I think, this is a weakness of BTC, BTC will find it difficult to follow the stability of the global market, making it difficult to become a means of payment.

so, we have to wait until BTC is perfect.

[TopT3ns]

Actually i disagree with some KYC when we want to buy something,but there are already on rules and we can't do anything to resist it. Maybe if you want, try to buy in forum and someone in your area.

[Stockr.co]

Going on coinbase and pressing 2 buttons is not hard to buy.

[pooya87]

As long as governments can force the exchanges to collect this info, the btc concept is pretty dead.

do you even know what the "bitcoin concept" is that you are saying it is "dead"?

it is not about you being able to have centralized exchanges that are fiat oriented being soft on you when you want to transfer money from your bank. all of these things (which you are complaining about) are introduced afterwards into the ecosystem and they are mostly for traders and none of it has anything to do with bitcoin and its "concept"!

bitcoin is supposed to be a decentralized currency, and if you treat it as a currency (not an investment which you trade on exchanges) then you wouldn't face any of the problems you just said here. for example if you have a shop then start accepting bitcoin as payment like you do with any other currency, or if you have a paycheck then ask your boss to pay a portion of it in bitcoin like you would with any other currency.

[kingplaya4]

Lol my job would just fire me if I insisted I be paid in bitcoin. Even if I had a more cooperative boss, I'm sure after finding out the exchange wanted baby pictures, a signed affidavit from his mother that he came out of her womb etc, he would say "sorry old boy, I'm afraid we'll have to stick with a bank transfer or possibly cash if you insist." A shop that accepts bitcoin? Sure, but who wants to spend so much juice (except for early adopters) to buy from me in btc when paypal is much easier.

[squatter]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

It's because of money transmitter laws. I'm not sure about other countries, but in the US people have been getting arrested for trading large volumes without asking for ID. Professional traders and exchanges have been tightening up a lot.

It should be possible to trade small amounts P2P without ID -- right on this forum or on Paxful, if not Localbitcoins. If you only need to move a few hundred dollars, I would find a trusted trader on this forum.

[target]

Submitting IDs is like submission of your life to these exchanges, with just one IDs they can destroy your life after that but even so there its still very difficult to buy BTC because of the laws. I have submitted mine to huge exchanges. Approving i another process which I have to remind them that I have submitted such and such. Sometimes it end up fruitless, this could really mean that we are far from adoption.

[gurang]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

Bitcoin is not really difficult it depends on you how you manage it we're having a different way to manage it. but you must continue if what you have right now

[mk4]

Submitting IDs is like submission of your life to these exchanges, with just one IDs they can destroy your life after that but even so there its still very difficult to buy BTC because of the laws. I have submitted mine to huge exchanges. Approving i another process which I have to remind them that I have submitted such and such. Sometimes it end up fruitless, this could really mean that we are far from adoption.

While submitting your KYC/AML information to not-so-reputable companies, they can definitely do significant damage if they use your information for malicious purposes, but I think going as far as "destroying your life" slightly farfetched. I personally hate submitting KYC/AML information too don't get me wrong, but if you just submit your data to the reputable ones, you're probably fine. You just shouldn't send your data wherever, especially not with most(if not all) airdrops/ICOs.

[Karamabit_209]

Well I think in your problem, you only need to know where is the proper site to buy bitcoin. Many of us has no trouble of buying some, so you can do too.

[rodel caling]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

I think it's normal reguirement from the exchange to identified the user making buy and sell bitcoin, i use local exchange where i'm located to buy and sell bitcoin or use it to convert into cash money.

[Kamoteng Kahoy]

Well I think in your problem, you only need to know where is the proper site to buy bitcoin. Many of us has no trouble of buying some, so you can do too.

But there are many people thats like him who also didn't know where to buy online though.

[kissme09]

Bitcoin is not so hard to buy as what you want because most countries have people who own Bitcoin, so there are always local currency markets for trading. Also, blockchain technology is anonymized so why should they care about legal nature.

[Karamabit_209]

Well I think in your problem, you only need to know where is the proper site to buy bitcoin. Many of us has no trouble of buying some, so you can do too.

But there are many people thats like him who also didn't know where to buy online though.

Yes, all of them must know where to buy. Why?  It is because before you do something you must know where to buy because you will lose money if you do a mistake. Take gambling for example, yes gambling is a game of chances, but if you are gambling to sites which the game has fair play, and you know that you are a intuitive risky and lucky person, then you can gamble. But if you know to yourself that you are not that lucky, not an intuitive thinker, and the site you are playing don't have a fair gameplay, then you will obviously not gonna win. It is the same to buying bitcoin, don't buy if you aren't sure that the site you are buying is legit and if you are not a person with patience because holding needs a lot of patience.

[MakeMoneyBtc]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

I personally find it super easy to buy bitcoin online. I simply search for a trusted person on a local forum who sells bitcoin and I transfer him the money directly in his bank account then he transfers me the bitcoin in my wallet  and that's it, no ID, no photo and no problem overall. You could do the same with a trusted seller on this forum.

[AjithBtc]

There is far better access to bitcoin in an anonymous way. Every country has its own regulations that needs to be followed in this regard. Whether the usage is on gambling or on any other needs, first of all he doesn't have a mind to use bitcoin. When we aren't interested we can point out lot of reasons, and if we want it we can explore and find ways to be anonymous. There is nothing to indicate the ID verification process, these days almost everywhere the same verification process is followed.

[Nolimitz84]

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense?

I never thought about it.But really what do they do with the documents in case of refusal?.And at the expense of commissions, then nothing can be changed here. Everyone wants to make money.I recently wanted to withdraw $ 25 to USDT and the exchange requested $ 5 Commission.Agree it very much.Ethereum charged me a lot less.So it all depends on the exchange and the exchange office where you make a purchase or sale of bitcoin.

[kamBlanV]

services that receive BTC are still small, even some countries choose to reject BTC because of volatility that is difficult to predict and often an alternative to criminal acts.

and we get influence from it all, we have a difficult when transacting, and we have to look for other platforms that accept BTC. but I am sure, that this problem will be resolved if BTC and crypto get a good response from the public in the future..

[aylabadia05]

services that receive BTC are still small, even some countries choose to reject BTC because of volatility that is difficult to predict and often an alternative to criminal acts.

and we get influence from it all, we have a difficult when transacting, and we have to look for other platforms that accept BTC. but I am sure, that this problem will be resolved if BTC and crypto get a good response from the public in the future..

I agree with what you say, from some of the causes of BTC not being used by many countries. especially from the government of a country that influences the masses not to transact with BTC, therefore BTC is threatened and difficult to develop in a country.

[kingplaya4]

Tell me one site that works worldwide (except for countries that have outright banned bitcoin). Just because you might be in the EU and it is relatively easy for you, it doesn't mean that it is easy for others.

It is the most frustrating thing in the world to submit all kinds of documentation and get turned down. I will never buy online again. I might sell online, if people are silly enough to buy above spot and jump through a lot of hoops sure. But buy? Forget it.

[BlackPanda]

Why do you need acceptance? Do you really believe in Bitcoin??
Don't be a fool. Most of us mine and trade bitcoin here is to make profit, not to use it as real currency. Right now in bear market, I do short selling, just like stocks. Either way, I make money from it, and that's enough.

The majority at this time do use bitcoin as an investment. Maybe if calculated then the percentage of Bitcoin usage as a currency is only a few percent.
But every year there is always an increase and that is a good thing and I hope there is always an increase every year.

[Kakmakr]

Just a reminder, the KYC/AML requirements has nothing to do with Bitcoin, but more with the conversion of Fiat currencies to bitcoins. You can still buy bitcoins from other people directly <if you can find a seller>, without all this KYC/AML nonsense <I usually get sellers at Bitcoin meetups> 

The moment when centralized Fiat based financial services gets involved, they force you to go through this KYC/AML nonsense. <Remember all the things you had to do when you first opened your Bank account? ....the same regulations applies to the first time when you open an account on an Bitcoin exchange.> 

[Herbert2020]

it is too difficult for me to dump my local currency and buy USD these days, a couple of months ago it was even impossible due to some government issued restrictions. so with your logic US dollar should not even be used and should be worth 0 because it is impossible to buy it! but obviously that is not the case, because the difficulty has nothing to do with US dollar, but it is all about my ability to dump something else for it.

[jakelyson]

That is the problem. Bitcoin is a decentralized structure but we are operating on a centralized exchange. It truly beats the innovation that bitcoin provided. If you can get someone you can trust, it is best to have a person-to-person transaction.

[minersday]

Why do you need acceptance? Do you really believe in Bitcoin??
Don't be a fool. Most of us mine and trade bitcoin here is to make profit, not to use it as real currency. Right now in bear market, I do short selling, just like stocks. Either way, I make money from it, and that's enough.

Definitely,  a lot of people in the crypto ecosystem are just in this ecosystem to make profit without thinking about the idea and purpose behind the creation of Bitcoin. Some also see it as an investment avenue to double or triple whatever amount they put into it. It will take about a century for the world to really use bitcoin in its right way.

[lyks15]

I strong disagree! Here in PH we can buy bitcoin anywhere. In convenience store,remittance center or even in the house in using bank creditcard. And one of popular bank in our country are now starting to launched their first bitcoin atm by unionbank. In convenience store we can buy bitcoin even in a late night or early in the morning so I think problem in buying bitcoin is doesn't a problem.

[mindrust]

Do not use ATM's. It is only fine when there is an emergency, otherwise avoid them.

Your other options are either exchanges or real p2p purchases. Both of them have their risks. I suggest you to find a trusted exchange and stick to it.

I've been using the same exchange for my purchases since 2015 and the exchange is still up and running. (Luckily)

[Ipwich]

I strong disagree! Here in PH we can buy bitcoin anywhere. In convenience store,remittance center or even in the house in using bank creditcard. And one of popular bank in our country are now starting to launched their first bitcoin atm by unionbank. In convenience store we can buy bitcoin even in a late night or early in the morning so I think problem in buying bitcoin is doesn't a problem.

That's a good development, but I doubt majority of the people are already aware of that.
It varies from country to country, there are government that are supportive with crypto, and some are not, so a small development is a good start already, and if this is really useful for the people, the adoption will surely increase over time.

[ethereumhunter]

I strong disagree! Here in PH we can buy bitcoin anywhere. In convenience store,remittance center or even in the house in using bank creditcard. And one of popular bank in our country are now starting to launched their first bitcoin atm by unionbank. In convenience store we can buy bitcoin even in a late night or early in the morning so I think problem in buying bitcoin is doesn't a problem.

You are so lucky because not all of us can do that in our country. Maybe some of us having trouble to buy bitcoin because they are hard to find the local store that accepting bitcoin. Maybe in the future, they could do this, and while they are waiting at that time, I think they can try to search another way so they can buy bitcoin. Maybe they can ask their friends or search on the internet, and I am sure that they will find it.

[eaLiTy]

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

It is a cause of concern for sure, bitcoin is considered as a high risk transaction by every payment gateway and so is the reason you will find it difficult to purchase bitcoin using a debit or a credit card, as it mandatory to provide your photo shoot  with all your identity details and even then they might reject your transaction if they find you have logged in from a different location to purchase the item, it is not an easy process but using net banking it is much easier, but i might take a couple of days to get credited.

[AjithBtc]

I strong disagree! Here in PH we can buy bitcoin anywhere. In convenience store,remittance center or even in the house in using bank creditcard. And one of popular bank in our country are now starting to launched their first bitcoin atm by unionbank. In convenience store we can buy bitcoin even in a late night or early in the morning so I think problem in buying bitcoin is doesn't a problem.

You are so lucky because not all of us can do that in our country. Maybe some of us having trouble to buy bitcoin because they are hard to find the local store that accepting bitcoin. Maybe in the future, they could do this, and while they are waiting at that time, I think they can try to search another way so they can buy bitcoin. Maybe they can ask their friends or search on the internet, and I am sure that they will find it.

Yes, people from Philippines were more lucky to have access for buying and selling of bitcoin all around their country. Next to China and Japan, Phillipines seems to be the country with the largest acceptance of cryptocurrency. In my country the government hasn't shown any signs of support or opposition. It stays almost in a neutral stand, upon which we haven't got that access as Philippines. Here most of the transactions were done through exchanges.

[Kasabus]

I strong disagree! Here in PH we can buy bitcoin anywhere. In convenience store,remittance center or even in the house in using bank creditcard. And one of popular bank in our country are now starting to launched their first bitcoin atm by unionbank. In convenience store we can buy bitcoin even in a late night or early in the morning so I think problem in buying bitcoin is doesn't a problem.

You are so lucky because not all of us can do that in our country. Maybe some of us having trouble to buy bitcoin because they are hard to find the local store that accepting bitcoin. Maybe in the future, they could do this, and while they are waiting at that time, I think they can try to search another way so they can buy bitcoin. Maybe they can ask their friends or search on the internet, and I am sure that they will find it.

Yes, people from Philippines were more lucky to have access for buying and selling of bitcoin all around their country. Next to China and Japan, Phillipines seems to be the country with the largest acceptance of cryptocurrency. In my country the government hasn't shown any signs of support or opposition. It stays almost in a neutral stand, upon which we haven't got that access as Philippines. Here most of the transactions were done through exchanges.

The law is not so strict but the adoption is still low compared to other countries.
Philippines is still developing, while some other countries who are already develop have more potential to use crypto.
Think it this way, this is online and not everyone can use, in the Philippines, not even majority of the people has a bank account.

[kissme09]

This is one of the problems that we always fear. When we provide information to make KYC mandatory from exchanges, no one knows that our personal information has disclosed or an item of information merchants. I am perturbed when implementing the required KYC from the development team of the platforms.

[Sithara007]

These issues existed even when I started my crypto journey in 2014. And unfortunately, even now there is hardly any improvement in the situation. Here in India, there is no blanket ban on bitcoin usage. But new regulations have made it extremely difficult to buy or sell BTC. The easiest option right now is to do that using localbitcoins.com and pay for your coins using bank account. But that comes with added risk, as the government is very hostile to crypto usage.

[gabmen]

This is one of the problems that we always fear. When we provide information to make KYC mandatory from exchanges, no one knows that our personal information has disclosed or an item of information merchants. I am perturbed when implementing the required KYC from the development team of the platforms.

Unfortunately it's something that we're all required to comply with. The days when it doesn't require kyc and other identity verifications are fast coming to an end. I guess moving forward, it's necessary to do that since the bigger this industry grows, the more security challenges we may face.

[coingecko]

Get it from Coinbase instead, the purchase process is so much easier

[BlackPanda]

These issues existed even when I started my crypto journey in 2014. And unfortunately, even now there is hardly any improvement in the situation. Here in India, there is no blanket ban on bitcoin usage. But new regulations have made it extremely difficult to buy or sell BTC. The easiest option right now is to do that using localbitcoins.com and pay for your coins using bank account. But that comes with added risk, as the government is very hostile to crypto usage.

The government does have the power to regulate crypto circulation, some countries have support and some have refused.
But remember that the use of bitcoin is free because as long as we can access the internet, we can also access and use Bitcoin.

[Cryptoobiobi]

To buy transfer or deal bitcoin, one needs a long alpha-numeric mix of keys called public key or wallet address. Its vey difficult to cram this wallet address and this is for one to copy and paste from where they are saved.
To me Bitcoin is very easy to buy as all you need is exchanges that converts fiat to crypto like Binance, Bittrex, etc and pay with your credit card.
Bitcoin wallet is complex but secured. Its easy to use
In conclusion. it is clear that as long as the industry grows, security challenges must be faced

[cryptjh]

Setting up your first wallet, and then buying a small fraction of bitcoins just to see how the bitcoins blockchain works, are for most people a big step. That's why it's recommendable to use an exchange when you buy your first bitcoins, you just need to remember your passwords, and even if you forget that, the exchange will most likely help you to log in again.
Buying bitcoins are easy enough, you just need a credit card with some money on it. After you got your bitcoins, then get them off the exchange, being your own banks, that's what bitcoins are all about. Your keys your coins.

[kingplaya4]

It proved impossible for me to buy bitcoin online with a credit card or with a debit card with plenty of money on it. Even sites that are listed that claim to need no ID like coinmama insisted that I provide them with all types of documentation. In several cases I got near the end of the process and was rejected for unknown reasons. Someone on here mentioned it is quite easy in the Phillipines. That maybe so, but in several other countries I have lived in it is not.

[serjent05]

Why do you need acceptance? Do you really believe in Bitcoin??
Don't be a fool. Most of us mine and trade bitcoin here is to make profit, not to use it as real currency. Right now in bear market, I do short selling, just like stocks. Either way, I make money from it, and that's enough.

That's what he needed at that moment dude.
Everything you said is true for every investor I believe but during instance like that one when you don't have any other option and you need it badly so you have to try. It is true, it sucks, this KYC regulation sucks and it goes against bitcoin feature which is anonymity. Some have cash and some have only crypto and that's it, you will also need to use it but there is not much option or means.

[NoSkyLimit]

This is actually one of the bitcoin problems that people all over the world joined into crypto to make quick money and they forget the tech behind cryptos wich give them life and a purpose to make people to use them in daily bases so lets look more to the brighter side of bitcoin and teach people about the tech involved here

[xvids]

I think it depends on your country or where you live .
Look at us here in the Philippines we could easily buy or sell our Bitcoin using our local wallet Coins .
We could also do more with our local wallet like pay our bills and buy some stuffs online.

[Malsetid]

I think it depends on your country or where you live .
Look at us here in the Philippines we could easily buy or sell our Bitcoin using our local wallet Coins .
We could also do more with our local wallet like pay our bills and buy some stuffs online.

Yeah but how's the mainstream acceptance there? There may be a lot of things you can do with btc there but the majority of the people still doesn't have that much trust or confidence in bitcoin. Same as anywhere in the world i think. We're still a long way to go but the important thing is we're moving towards the right direction.

[Bl4nk]

I think it depends on your country or where you live .
Look at us here in the Philippines we could easily buy or sell our Bitcoin using our local wallet Coins .
We could also do more with our local wallet like pay our bills and buy some stuffs online.

is it possible to depend on the country we live in to buy bitcoin and sell with our own wallets, and which countries do you know that are not difficult to buy bitcoin or sell bitcoin like in your country

[Ezenwanyi1]

I think the part where you were requested to hold a card with and explaination and the selfie is a kyc process by the exchange.
It's nothing out of the ordinary in cryptosphere .

[kawetsriyanto]

I think that buying a Bitcoin is not only for gaining acceptance. Now, we can see that the acceptance of BTC is actually greater in some cases and countries, however, they are limited.
But, buying bitcoin can be a very promising way in order to gain more profits let's see how we make the Bitcoin profits from trading and also investing.

[adzino]

Why would you want to buy bitcoins from a service that asks for your photo identity and all other information (which they can sell for a sweet hefty profit!) while there are other ways available? You could have done a peer to peer aka face to face transaction from any local guy near you. LBC can help you in this case. Sad that we have to go through these stupid KYCs when trying to buy bitcoin online. We actually do need an easy and better solution to buy bitcoins online.

[Ailmand]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

I think it all depends on what country do you live on. In our country there are plenty of ways to buy bitcoin. There are some merchants where you can make an online payment and just pay it on the cashier for your bitcoin to be credited on your online wallet. However, having such convenience doesn't mean bitcoin is easily adapted in our country, a lot of people from our country are still not aware of it.

[Dreamchaser21]

Why would you want to buy bitcoins from a service that asks for your photo identity and all other information (which they can sell for a sweet hefty profit!) while there are other ways available? You could have done a peer to peer aka face to face transaction from any local guy near you. LBC can help you in this case. Sad that we have to go through these stupid KYCs when trying to buy bitcoin online. We actually do need an easy and better solution to buy bitcoins online.

We’ve done already the KYC with real businesses especially into remittances company so i think good exchanges are also implementing this system to fully protect their customers. Every details that we have are being sold in the blackmarket, banks also do this for sure. Buy bitcoin to your friends is still risky, so think whether to do KYC or own nothing.

[mrdeposit]

I think it all depends on what country do you live on. In our country there are plenty of ways to buy bitcoin. There are some merchants where you can make an online payment and just pay it on the cashier for your bitcoin to be credited on your online wallet. However, having such convenience doesn't mean bitcoin is easily adapted in our country, a lot of people from our country are still not aware of it.

KYC depends on your choice. Decentralized exchanges are better option for your situation. So, view of the government about cryptocurrency is not important.

[949miner]

Bitcoin is too simply to comprehend. People who say they don't understand Bitcoin and blockchain technology first of all do not have any level of knowledge of it. They are just saying what the media tells them about bitcoin.  It is very easy to buy and sell bitcoin within an hour.

[naufals4]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

yes, it is difficult to buy bitcoin because we have to pass KYC and others, besides that there is also a fee when we deposit money into the website to buy bitcoin. but in my opinion it's normal because the potential of bitcoin and other altcoins that have high ROI. so you have to have a strategy if you buy bitcoin like for investment or trading to get maximum profit

[Pattart]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

and I think buying bitcoin isn't that difficult right? You don't need to verify your data to buy bitcoin in exchange. buying bitcoin is not as difficult as buying other foreign currencies. even in the physical store many have accepted to purchase bitcoin without identification though

[waynechong1995]

All channels for cryptocurrency are straight motivated by profits still... the simply bad things about crypto is the way channel providers are earning simply based transnational fees, unlike local banking systems they are other source of income to sustain transaction cost to be 0%. A off-trade crypto/fiats is such a ripoff nowdays with almost 5% higher than market cap and so does selling. Aside from volatility this are the main things that defer public to switch to crypto wallets, online wallets are already a common phenomenal, but simply one doesn't use with there's transaction fees.

[martychubbs]

Oh that sounds like a tiresome process. But i think we have to endure this as we are on the early stage of btc development. within another 10 years situation will improve.

[Ipwich]

Oh that sounds like a tiresome process. But i think we have to endure this as we are on the early stage of btc development. within another 10 years situation will improve.

True, more development will come and that problem will be given solution.
It's hard to transact btc wallet to wallet, a third party is needed to bridge the transaction to make it faster and cheaper.
This will happen for sure, patience now, and let's benefit on this tomorrow.

[EdvinZ]

The idea of Bitcoin was that it will be anonymous, convenient, to function anywhere in the world. But like any other project, when it begins to be implemented, various difficulties arise in its path. Technology users have to take into account the fact that states, owners of exchanges and regulatory agencies have their own obligations, according to which they cannot allow the full anonymity of the movement of digital assets.

[Vaskiy]

Oh that sounds like a tiresome process. But i think we have to endure this as we are on the early stage of btc development. within another 10 years situation will improve.

True, more development will come and that problem will be given solution.
It's hard to transact btc wallet to wallet, a third party is needed to bridge the transaction to make it faster and cheaper.
This will happen for sure, patience now, and let's benefit on this tomorrow.

What we've achieved in this short time period is very big when compared to the development process that took place with the banking or with the traditional fiat related payment and exchange services. We're on the developing stage to get more integrated to the day to day living. Within few years of time it'll be much more easy accessible, until then it is a must to have patience as there is no other way.

[Bowly88]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

Yeah me too, I use crypto for me to be able to play on a gaming site so that I can play many types of games to ease my boredom yet earning money. In addition, well we need time for global adoption to completely happen. We are slowly progressing, but we cannot demand for it to happen in no time, because this type of technology is not the type of technology that can be accepted in an instant. Stores need to upgrade themselves and how about those third world countries? Even developed countries are slowly adopting to it, what more to the poor countries? Be patient, that will happen.

[Mike Mayor]

Why are you not using a decentralized exchange? I also agree with you, we asked for our info but the info of the people asking for it is protected. You should not have given your info to begin with. Bitcoin is very easy to buy so I am not sure what you talking about. just because you couldn't buy any doesn't mean the rest of the world cannot either.

[BlackFor3st]

It will depend also to what country you are residing, as bitcoin is still in the process of acceptance and I am pretty sure that you already know about it.
Many country are still hesitant to accept bitcoin and few countries banned it.

I can consider that your country is starting to accept bitcoin so I am sure that the upgrade on how to buy bitcoin easily will be there in the future. As in our country buying bitcoin is very easy.

[Hergonthe]

If we want to see Bitcoin staying for a long time, we have to accept the fact that people can't buy big amount without giving their identity. AML and Security, it's simple to understand and not again the idea of a free economy.

If you are looking for a good place to buy your favourite crypto, i'm sharing this platform, faaaaar better than coinbase (sorry to say that, I know that coinbase has also good points )

=> https://kriptomat.io/

=> https://medium.com/@Mirovic/kriptomat-securities-sharing-the-financial-success-of-one-of-europes-fastest-growing-fintech-653d44edf37b
Thank me later hehey  

[iMark]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

great convincing and of course we cannot come to a conclusion that there is a  hard time gaining acceptance  for bitcoin just because usability of a one atm machine is no that well and also we have to agree that majority of major governments like Switzerland now days having an open mind towards bitcoin acceptance due to its increasing demand and the rest will definitely do the same because otherwise they might left behind in the future

sometimes such conditions are indeed applied in some exchanges, not only crypto exchange but also forex trading sites. but not all exchanges require ID verification, there are many exchange sites that you can find, you only need to register with your email and you can immediately use it, buying and using bitcoin is not as difficult as you say. You just lack of explore and read

[TheKeyLongThumbI]

Too difficult to buy? How come? In my country, I can easily make an account on our local exchange online and convert my fiat to btc instantly. There are banks that don't support funding btc related sites I know but there are much more banks who are willing to adopt cryptocurrency and they are making so much progress that they even build a crypto atm.

[wongdeso]

In my country it is also easy to carry out crypto transactions, because there are indeed local exchanges and the bank provides an opportunity to be able to receive crypto. So that crypto enthusiasts find it easy to get it.

[Pokemongo04]

Yeah me too, I use crypto for me to be able to play on a gaming site so that I can play many types of games to ease my boredom yet earning money. In addition, well we need time for global adoption to completely happen. We are slowly progressing, but we cannot demand for it to happen in no time, because this type of technology is not the type of technology that can be accepted in an instant. Stores need to upgrade themselves and how about those third world countries? Even developed countries are slowly adopting to it, what more to the poor countries? Be patient, that will happen.

Yep its difficult but slowly happening. Each country is starting to adopt bitcoin since they have no choice, as more countries grow and use bitcoin, they have to join in since theyd be out of the circle if ever and that wouldn't really be good for their economy. I also play in that site at times and since they adopt bitcoin as the mode of payment for their games, its really great. Its helpful because if the site can spread out towards more countries, more people would learn of the importance of bitcoin and could potentially be more accepted towards other countries

[watchagotcha]

It's hard to disagree, but in spite of all the difficulties, differences between countries in approaches and regulations, there are more and more option to buy bitcoin and other cryptocurrencies. Adoption may seem to go slowly, but looking back at the history of btc, we can say this "virus" is spreading at fascinating speed. Now you can buy btc with credits card right on exchanges. Was this possible a few years ago? Now you can buy real estate with btc, flight tickets with BCH, and Ripple offers ridiculously low commission and lighting speed of transaction. All this progress foresees a great future for cryptocurrencies. It's hard to predict the leading crypto for, say, the next 10 or 20 years, but the whole market will grow to tenth of trillions, I don't have any doubt.

[niisarearning]

if you live in a country like lets say UK and want to buy US dollar you go on some Forex market, sign up, give your selfi with your passport or something like that, wait weeks for approval, then deposit some money on your Forex account and wait until the bank transfer completes and the broker funds your account and enables you to start buying US dollar.

do you also consider US dollar having a hard time gaining acceptance?

People still doesnt understand the purpose of bitcoin . Its largely used in Cross border payment or Remittance industry . If somebody goes to Money transfer and get to know about the fees and transaction type and other procedure . He might not have said this thing . Bitcoin still having its value because of its huge acceptance in particular . Yes it lags in day to day transaction.

[bitcoin-shark]

bitcoin is not difficult to buy only that most of the exchanges now require kyc there are only a few alternatives to buy it without kyc like bisq and atm (within certain limits) or localbitcoin, then i do not care about it as a broad daily payment method with mass adoption but at a speculative level to make gain...

[muratsink]

I think that buying a Bitcoin is not only for gaining acceptance. Now, we can see that the acceptance of BTC is actually greater in some cases and countries, however, they are limited.
But, buying bitcoin can be a very promising way in order to gain more profits let's see how we make the Bitcoin profits from trading and also investing.

now. I more prioritize BTC for trade, investment and for saving my assets from the global economic crisis.  acceptance is the future.  it will be used when fiat is destroyed.  now the value of fiat is very low in the public eye.  they prefer to use crypto.  immediately BTC will control the transaction and become the main currency.

[Leonardo7]

Bitcoin has already gained much acceptance. If really you are friendly online, you need not pass through KYC before buying bitcoin, I bought my first ever bitcoin through a reputable Whatsaap group in my country after studying their operation for days. I have been buying and selling bitcoin through Whatsapp, I avoid my local bitcoin exchange because of charges. Although I deal only on a legitimate group which rules are strict to checkmate scammers.

[Babyrica0226]

KYC is a very delicate issue, a lot of bitcoin enthusiasts are against the idea of revealing their personal identity when this is a decentralized protocol, and also the threat of misuse and sale of data.

Btc is supposed to be anonymous and easy but it is neither.

It's supposed to be a lot of other things as well which it is; it is transparent and borderless. It's also irreversible, preventing double spending.
Global adoption would make it easier to own bitcoins without buying them, if it becomes accepted as a currency and means of exchange.

Yes, majority of the community of bitcoin they really hate KYC. But in the end even most people don't want that rules, they are oblige to submit their KYC just for the sake of profit. Its part of the policy and regulations. Though, bitcoin was based decentralized system. And for the novice it is actually not easy to understand it.

[MIner1448]

Since I've been under the weather and didn't feel like an hours motorcycle ride back and forth to the bitcoin atm, I tried to buy some online. Big mistake! After a selfie with an explanation of the purchase while holding my ID which was difficult to hold up living alone- although I did manage a clear pictures, then two pictures of my id with my payment card, the purchase was rejected by the exchange and I was told to use another card.

I told them to forget it, and I would like a selfie from the exchange's CEO holding a signed note wherein he promised to destroy all pictures and information I had provide them with.

Who wants to put up with such nonsense? The only reason I deal with the ATM is for online gambling, which our countries cause us to lose more money on since we have to pay extra USD to buy the bitcoin, and then lose a couple of points when it is deposited.

If it was easily available within 1% of spot, it might find adoption- like if you could buy it the way you buy anything else online, simply type in your cc number and four digits on the back. Btc is supposed to be anonymous and easy but it is neither.

It seems you have not found a convenient and difficult way to buy bitcoin, there are many alternative options.I do not know what country you are from, maybe there are restrictions and I'm not right.

[Vishnu.Reang]

In 2013 and 2014, it was really difficult to purchase Bitcoins. One of my friends told me that he had to first purchase Second Life Linden Dollars with credit card and then convert these Linden Dollars to BTC. There was no direct option available. But things have changed a lot nowadays. You can use your credit card or savings bank account to purchase Bitcoin directly now.

[Hergonthe]

You can find an interesting informations here : https://kriptomat.io/cryptocurrencies/how-to-buy-cryptocurrency/

It show that actually, it's really easy today for europe, asia and north america to buy crypto, in different ways 

Thanks for that good guide. We have to understand that bitcoin (and the whole cryptocurrency industry for that matter) is always involving. The list of many service providers for the bitcoin network is growing at a good rate. Soon, there will be many firms involved with infrastructure and platform that we can use in dealing with bitcoin. Instead of just dismissing this innovation, we might as well be a part of it and later on reap the benefits reserved for all of us. The future belongs to the blockchain and cryptocurrency, there is no question on that.

It's a pleasure to share good content, and it's actually coming from a really great platform which is in the middle of a Security Token Offering. With blockchain and cryptocurrency, the future belongs to us, because we are 100% responsible of our assets

https://kriptomat.io/sto/ for those who want to be part of this new economy in another way

As during the Gold Rush, you had to invest in picks ...

[MakeMoneyBtc]

In 2013 and 2014, it was really difficult to purchase Bitcoins. One of my friends told me that he had to first purchase Second Life Linden Dollars with credit card and then convert these Linden Dollars to BTC. There was no direct option available. But things have changed a lot nowadays. You can use your credit card or savings bank account to purchase Bitcoin directly now.

That's right. A few years ago there were only a few websites available selling bitcoin and even those did not accept many payment methods. Also the first crypto ATM was first opened in 2013 while now we have thousands of them and you can literally find them in almost every country. The fact that you can buy bitcoin online using a debit card or a bank account is even better.

[Nolimitz84]

I agree with the author.Really buy bitcoin is some difficulty and relatively large commission.But still I am sure that soon there will be some kind of service or platform that will solve this problem.The future is really for micropayments.If you do not solve this problem, the cryptocurrency will remain in the use of only a select few.

[alexcopper]

I think the UX is definitely a challenge at the moment for the general population but I think people are starting to work on this problem because it is super clunky atm

[bhabygrim]

I think it all depends on your country ,
And besides I think you should be able to use coinbase to simply buy crypto.
I think most country are using it ,
Using a web wallet or mobile wallet would be the easiest way to purchase crypro if you really want to buy some.

[7788bitcoin]

I think it all depends on your country ,
And besides I think you should be able to use coinbase to simply buy crypto.
I think most country are using it ,
Using a web wallet or mobile wallet would be the easiest way to purchase crypro if you really want to buy some.

You can use web and mobile wallets to store your coins temporarily but in order to safe guard your coins move them to a more secure hardware wallet, make sure you have total control over your coins. Majority of the countries allow its users to purchase the coin using credit card or bank transfer and it is not a big deal to purchase the coins. I am not sure about how things work globally and i understand there are some non friendly crypto countries too and for them it will be difficult to get hold of the coins.

[uneng]

This issue is result of the regulations on practice. Exchanges have to follow several rules to be in agreement with the local laws and financial system of the country. Otherwise the exchange can't even exist legally.
In addition, all this difficult in dealing with btcs is intentional, so governments can say crypto currency is too complex to use, same as like fiat, being possible to compare the exchanges to banks (from the difficult usage point of view). This way we have less advantages in btc, like op experienced. There isn't facility, anonymity (neither a pseudo one), and quickness. Thanks to bad regulations bitcoin attractive is only its potential price.

[A L I E N]

It's hard to disagree, but in spite of all the difficulties, differences between countries in approaches and regulations, there are more and more option to buy bitcoin and other cryptocurrencies. Adoption may seem to go slowly, but looking back at the history of btc, we can say this "virus" is spreading at fascinating speed. Now you can buy btc with credits card right on exchanges. Was this possible a few years ago? Now you can buy real estate with btc, flight tickets with BCH, and Ripple offers ridiculously low commission and lighting speed of transaction. All this progress foresees a great future for cryptocurrencies. It's hard to predict the leading crypto for, say, the next 10 or 20 years, but the whole market will grow to tenth of trillions, I don't have any doubt.

Maybe it is not so easy to buy Bitcoin if you compare it with fiat, but I do not see any problems for the guys, which have access to the Internet and assets to buy BTC. Many people do not accept crypto as still, it seems to them a bubble.

[Hergonthe]

That's why people have to invest in companies that make accessible the crypto world for countries which are always forgotten (Africa for example)

[LUCKMCFLY]

It is difficult to gain attention for those who do not know or believe in technology, also for those who do not know how the market works, because for those who know how to market the market it is easy to determine that bitcoin is in a phase of accumulation. which, is an ideal phase to buy and hold until it reaches a bullish trend, which can happen at any time, at least until you have accumulated the majority of bitcoins in the world, this is verifiable in the millionaire wallets.

[sngwinner]

You don't expect to get everything just they way you would want them. Some of these exchanges are to obey some regulations and again have to do some of these things to maintain some level of security. Obeying simple rules wouldn't hurt.

[Adriano2010]

All people can learn how to buy it, and also there are a lot of tutorials on YouTube or other platforms which teach how to buy bitcoin. But who not want to better do a other things and let other people join crypto world.

[maianh09]

bitcoin is not difficult to buy only that most of the exchanges now require kyc there are only a few alternatives to buy it without kyc like bisq and atm (within certain limits) or localbitcoin, then i do not care about it as a broad daily payment method with mass adoption but at a speculative level to make gain...

You can still buy Bitcoin without going through exchanges and especially do not need KYC implementation. Many traders are willing to sell Bitcoin to you and accept payments with FIAT. But prices are often higher than listing rates on exchanges, and they only take large amounts of transactions.