As always, you have sensible ideas.
Thread removed.
I will reinstate it if something change on thei side.
I am more than glad to hear that my idea was helpful! Regarding the lattest part, I believe there are very low chances for shitcoins.club to remove KYC. In fact, I believe that all cash-in / cash-pit crypto ATMs will migrate to KYC, if they are not already applying it. I made some research at the beginning of the year and, in Romania, excepting the
ATMs from BitcoinRomania, all were using KYC. Some do not even exist anymore (like the ones from
ProHash) and the ones still functioning are using KYC (I mean the ones from
ATM Bytes, BitMahavi and
shitcoins.club).
However, even the ATMs of BitcoinRomania are soon
to be doomed supposed to apply KYC (if they haven't already) as
a new law was issued in Romania, forcing all crypto ATM operators to apply KYC. Perhaps the most ridiculous part of this law is the one coercing crypto exchanges to use Romania bank accounts for performing their operations. This aspect is ridiculous because Romanian banks are not crypto friendly at all. All banks are closing the accounts of those using them for crypto incomes. So they are practically forcing crypto exchanges to have Romanian bank accounts while, at same time, banks are closing all the accounts involved in crypto incomes...
I will quote below how one of biggest banks in Romania treats its clients regarding crypto incomes and also a reaction of one client toward bank's abuses:
And, in case you still have doubts about what I described so far, the below screenshot proves the way one of Romania's biggest bank treats its clients:
Photo source: Facebook
Translated in English, it means the following:
Within the business relation the bank has with its clients, the bank is forced to follow the laws related to knowing their clients with the purpose of preventing and combating money laundering, financing terrorism and for following the General Business Conditions (GBC) for the entire clients portfolio.
According to GBC, to the regulation 2/2019 of National Bank of Romania and the Law 129/2019, the client has the responsibility to provide the Bank all the documents requested by the Bank, which are needed for verification and clarification of the purpose and the nature of the recorded transactions. Through this document, we let you know that, after analyzing the transactions realized from your account, we decided the typology of these transactions breaks art. 23.1 from GBC, which states the following: "In case the Bank identifies potential risks or some requests coerced by financial institutions implied in banking operations, the Bank reserves its right to not allow transfers for transactions linked to services such as gambling, acquisition of pornographic services (including videochat or similar services), acquisition of weapons/munition without complying to the conditions stated by the law, transactions involving cryptocurrencies.
Below you can read the reaction of a client of the above mentioned bank. You may laugh, but the situation should be treated seriously:
Photo source: Facebook
Translated in English, it means the following:
Subject: Justification signed by [...] in order to explain what I'm doing with my own money
I [...] being a client of the bank, I sign the present document being forced by the Bank, which invokes some internal regulations which are not against me, in order to coerce me to justify in front of the Bank what I'm doing with my own money.
Given the fact that it is summer and a period of vacation, considering it is also a post-quarantine period, I want very much to have fun. For doing so, I'll travel to Holland, where prostitution is LEGAL, in order to fu*k some whores. Most likely, on my way to Holland, I'll do the same in Austria and Germany.
Then, while being in Holland, given the fact that drugs are LEGAL, I intend to smoke some marijuana and hashish, but I'd also try some shrooms.
I heard they have some good marijuana cakes in Holland, and I also suggest you to try them, maybe you wake up and stop forcing people to sign stupid papers, based on stupid procedures, in order to justify to you what they're doing with their own money.
Obviously, if I won't have toilet paper, given the fact that I have so much money, maybe I'll fancy enough and I'll wipe my a*s clean with a few hundreds of euros, like rich men do.
The rest of the money is for lending them to my friends and for making useless expenditures, which I'll regret afterwards.
The quote was taken from my topic
12 years later and people still don't know to use Bitcoin nor what it's good for and, perhaps, time actually came for bitcoiners to make the final step against governments and start using Bitcoin in the was it was meant by Satoshi: fully peer-to-peer and anonymous!
cygan is delicate like a flower!
I will finish #meritslife:... before the other one I previously reserved about securing the seed phrase with washers: I will need some more time to translate the latter, as it is longer and recent changes in my life reduced drastically my free time.
Securing the seed phrase with washers is longer indeed, but it's not
that long though... it only seems very long due to its numerous images. However, it requires some more work than "#meritslife" topic. But the ones really hardcore are those from "Everything you want to know [...]" series and the one related to Stock-to-Flow model.
I translated some passages very freely, especially in the interview clippings of the podcast to make them relatively understandable.
)
