F bitcoin

[wallyd]

After being aloud to buy Bitcoin with no issues I tried to send Bitcoin to someone for a payment. I couldn’t get them to verify my identity. I took pictures of myself & my ID for over an hour. Different angles, different lighting, different rooms, everything you can imagine. NOTHING.

I sold my Bitcoin back after waiting overnight to see if something would happen if I gave it some time. They took $75 overnight for nothing but aggravation when I sold it back.

No one warned me about this but after a quick Google search this is common. I can say I tried but I won’t try again. Hopefully this will be a warning to others. Be prepared because it isn’t as cut and dry as others make it sound.

 

[MindlessWork]

Some of these ID verification systems are buggy as hell as I've had issues with them as well. For one exchange it took 2 attempts to get thru verification but was successful.

My ID was not even recognized at all on even ID.me and their support tells me that the state needs to change the layout of the license. How helpful!

 

[wallyd]

I’m not putting myself out there like that & jumping through all those hoops. I don’t like the idea of taking pictures of my ID & sending it anywhere tbh. Seems super risky to me.

 

[tank100]

I will never use btc. I’ll stick with the other payment methods that are easier.

 

[wallyd]

I will never use btc. I’ll stick with the other payment methods that are easier.

This particular place only wants to accept bitcoin & that’s the only reason I tried it. Luckily they were understanding & offered another option.

 

[P1lsbury]

I’ve never understood the use of btc to purchase anything anonymously bc at some point the blockchain will go back to the issuing exchange and by proxy the bank account the funds were sent from . Even if you mine it, if you’ve ever exchanged it for fiat, your info will be compromised. And crypto like monero, while better, can still be a pain in the ass. Cash is king imo and I have moved on to entities that accept it, after vetting of course

 

[wallyd]

I’ve never understood the use of btc to purchase anything anonymously bc at some point the blockchain will go back to the issuing exchange and by proxy the bank account the funds were sent from . Even if you mine it, if you’ve ever exchanged it for fiat, your info will be compromised. And crypto like monero, while better, can still be a pain in the ass. Cash is king imo and I have moved on to entities that accept it, after vetting of course

It seemed like it wasn’t as secure as others made it out to be but I’m not a programming guru.

 

[Roc]

Never got involved with shit coin, and never will. The sponsors that only take that way are missing out on coin

 

[wallyd]

I definitely learned my lesson.

 

[irish_2003]

Buy bitcoin then convert to xmr then purchase items

 

[P1lsbury]

Buy bitcoin then convert to xmr then purchase items

I would still be cautious… even a moron (most feds) can still trace it back directly to you. They will have you dead to rights and will throw in wire fraud and possibly money laundering, which are more criminal in nature (in most cases) than actually obtaining the contraband. I would rather wire money through western union or another vendor than use crypto. But I’ve been on the bad end of this before and am very paranoid and careful of how I make purchases of any kind.

 

[wallyd]

I’ll never have anything to do with it ever again. My spidey senses told me not to even try it but I didn’t listen. I’m smart enough to learn from my mistakes.