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Author Topic: is a reliable vcc no kyc really attainable?  (Read 100 times)
bitcoin talk (OP)
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February 11, 2024, 08:13:00 AM
Last edit: February 11, 2024, 09:22:13 AM by bitcoin talk
 #1

Has anyone been scammed buying what they thought was legit vcc (no kyc) only to find out it was in fact stolen?
What percentage of vcc from legit sellers get cancelled months down the line? How common is this?
How many end up being a scam down the line?
How many will ask for kyc anyway down the line?
Who are the most trusted sellers here of legit vcc no kyc or does that seller not exist?

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February 11, 2024, 10:28:28 AM
 #2

Has anyone been scammed buying what they thought was legit vcc (no kyc) only to find out it was in fact stolen?
What percentage of vcc from legit sellers get cancelled months down the line? How common is this?
How many end up being a scam down the line?
How many will ask for kyc anyway down the line?
Who are the most trusted sellers here of legit vcc no kyc or does that seller not exist?

Since afaik Visa/MC don't allow anonymous cc, or if they do, they allow only some incredibly low lifetime total funds possible in them, ... the only options would be:
* stolen VCC
* scam
* some sort of deal where the real owner of the card will take some risks and you will pay some significant money for that. And even then, the real owner can close the card whenever he wants, a risk you have to understand

I was also hoping at some point for no-kyc Bitcoin cards. Now I understand the limitations.

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February 12, 2024, 02:15:30 AM
Last edit: February 12, 2024, 04:22:53 AM by bitcoin talk
 #3

Since afaik Visa/MC don't allow anonymous cc, or if they do, they allow only some incredibly low lifetime total funds possible in them, ... the only options would be:
* stolen VCC
* scam
* some sort of deal where the real owner of the card will take some risks and you will pay some significant money for that. And even then, the real owner can close the card whenever he wants, a risk you have to understand

I was also hoping at some point for no-kyc Bitcoin cards. Now I understand the limitations.
It cost you a bit to find out limitations I suppose? If no kyc vcc is pointless then where do we go from here i.e. what do we use instead?

There are still people who haven't understood the limitations yet with threads like this around:
https://bitcointalk.org/index.php?topic=5483254.0
https://bitcointalk.org/index.php?topic=5464088.0

Are these legit or scams?
https://stealths.net/product/visa-vcc-manual
https://thebitcoincompany.com/
https://www.bitrefill.com/
https://ezzocard.com/

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February 12, 2024, 09:12:08 AM
 #4

If no kyc vcc is pointless then where do we go from here
If you consider KYC a privacy risk, then Neuroticfish is right. VCC services that claim they are KYC-free may in fact ask you for ID at any time, this is usually stated vaguely in a line on their terms of service article. For example:
You agree to: (a) provide accurate, current and complete information; (b) maintain and promptly update your Account information to keep it accurate, current and complete; (C) maintain the security of your Account and you understand that there are certain risks of unauthorized access to your Account;

I mean, the card issuer may not want your ID based on their interests, but on the other hand they work with third party companies like Visa where they have a list of restricted countries, have anti-money laundering and terrorist financing policies.
You have 2 possible risks, you will be asked for KYC or the service will stop your card.

Quote
i.e. what do we use instead?
Buy your product at a store that accepts crypto payments directly.

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February 17, 2024, 04:22:34 PM
 #5

It cost you a bit to find out limitations I suppose?

Actually it didn't cost me anything at all. But I am sure that many others were not this fortunate.
I had my days of being highly active on this forum and I've seen my fair share of complaints and discussions.
All I did was to connect the dots.

what do we use instead?

Legally you can use Visa/MC type cards meaningfully only with KYC. No matter they are physical or virtual.
If you don't want to go through KYC then the few options remaining are:

* Pay directly with bitcoin where possible. Yes, this may mean to choose the shops/services based on payment methods they offer.
* Buy and use gift cards (eg bitrefill and such)
* (not really as replacement for VCC, but still) Sell your coins for fiat at non-KYC exchanges or in person and probably buy/pay offline


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May 14, 2024, 03:53:53 PM
 #6

Has anyone been scammed buying what they thought was legit vcc (no kyc) only to find out it was in fact stolen?
What percentage of vcc from legit sellers get cancelled months down the line? How common is this?
How many end up being a scam down the line?
How many will ask for kyc anyway down the line?
Who are the most trusted sellers here of legit vcc no kyc or does that seller not exist?

Since afaik Visa/MC don't allow anonymous cc, or if they do, they allow only some incredibly low lifetime total funds possible in them, ... the only options would be:
* stolen VCC
* scam
* some sort of deal where the real owner of the card will take some risks and you will pay some significant money for that. And even then, the real owner can close the card whenever he wants, a risk you have to understand

I was also hoping at some point for no-kyc Bitcoin cards. Now I understand the limitations.

Or have a special account with a company that is able to create the virtual credits card directly.

I have access to such a system for example.

If you ever want to try it out i can provide you with a card to try out.
You'll be able to pick your own name and address anywhere in the USA or EU.
NeuroticFish
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May 15, 2024, 03:15:52 PM
 #7

Or have a special account with a company that is able to create the virtual credits card directly.
I have access to such a system for example.
....
You'll be able to pick your own name and address anywhere in the USA or EU.

Sadly there were so many people and businesses with this claim I no longer take it seriously into account.
Somehow it seems easy to get the license/rights to issue such random cards and it's even easier to lose that license when Visa/MC finds out the details are "inaccurate".
Don't take me wrong, I do hope you'll be different/long term, but, sorry, I'll believe it when I see that your business gets old enough.

If you ever want to try it out i can provide you with a card to try out.

Thank you, you are kind, but better no. At least not at this time.
On the other hand, there are plenty of members with solid trust rating, you should be able to find somebody to help you with a test / proof.

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