is withdrawing from ATM anonymous? | Bitcointalksearch.org

ashour

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Quote from: chezalazha on July 12, 2015, 12:26:56 AM

Hi, say if you obtain plastic VISA or MasterCard where you can withdraw your bitcoins directly from any ATM, are you being anonymous when cashing out? In my country every ATM has integrated camera in it.

As far as I know most bitcoin ATMs require some sort of identification if you want to convert your bitcoin to fiat.

bitcoin1992

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ATM only needs to know if I want to withdraw cash or bitcoin, and have me prove it by sending btc for cash or inserting cash for btc. It doesn't need to know anything else.

sniveling

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Quote from: BillyBobZorton on July 12, 2015, 09:14:42 AM

Quote from: hayabusa911 on July 12, 2015, 01:14:55 AM

I haven't heard of a way to withdraw anonymously. In my opinion the whole concept of a bitcoin ATM kills the reason I liked BTC to begin with.
Why can't they go back to being fun!? Bitcoins were never meant to be for the masses.

Why are you making false asumtpions? Where was it written that Bitcoin was never meant for the masses? Satoshi designed Bitcoin with features to be able to scale up to a global level.

The only way to withdraw "anonymously" is by meting with a person in real life and exchanging it for cash in-hand, all of the other features will require that you give away a certain % of anonymity. But then again, no one is going to care if you withdraw a BTC for 300 dollars, just mix your coins before withdrawing. If you start withdrawing a lot of money recently then you'll probably get investigated.

There are Bitcoin ATMs that let you withdraw as well as deposit, and some of them only require a cellphone number as ID for small withdrawals. Not all countries have such Bitcoin ATMs and those that do probably have cameras in the nearby streets. Nonetheless, it's a fairly anonymous way to withdraw.

RustyNomad

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The closest you will get to making an anonymous 'withdraw' will be by selling some coins to someone else.

Not sure how LocalBitcoins work, guess it will be anything but anonymous.

spirit of btc

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Cellphone number+palm scan+Drivers License I would never use that thing

bitcoinmasterlord

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Quote from: hayabusa911 on July 12, 2015, 01:14:55 AM

I haven't heard of a way to withdraw anonymously. In my opinion the whole concept of a bitcoin ATM kills the reason I liked BTC to begin with.
Why can't they go back to being fun!? Bitcoins were never meant to be for the masses.

Where did you get this idea from? Satoshi wanted a currency that is independent from the banks. And he never spoke about bitcoin should stay a geek currency or a high value transaction currency. He always wanted an alternative to the bank money. That includes that everyone can chose not to use banks, which means adoption by the masses.

BillyBobZorton

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Quote from: hayabusa911 on July 12, 2015, 01:14:55 AM

I haven't heard of a way to withdraw anonymously. In my opinion the whole concept of a bitcoin ATM kills the reason I liked BTC to begin with.
Why can't they go back to being fun!? Bitcoins were never meant to be for the masses.

Why are you making false asumtpions? Where was it written that Bitcoin was never meant for the masses? Satoshi designed Bitcoin with features to be able to scale up to a global level.

The only way to withdraw "anonymously" is by meting with a person in real life and exchanging it for cash in-hand, all of the other features will require that you give away a certain % of anonymity. But then again, no one is going to care if you withdraw a BTC for 300 dollars, just mix your coins before withdrawing. If you start withdrawing a lot of money recently then you'll probably get investigated.

NorrisK

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Or you can pay someone cash to withdraw bitcoin for you. That way they don't have your information, only of the one you paid. Wink

itsAj

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It depends what type of machine it is but some have id scanners in them.

Herbert2020

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Quote from: chezalazha on July 12, 2015, 12:26:56 AM

Hi, say if you obtain plastic VISA or MasterCard where you can withdraw your bitcoins directly from any ATM, are you being anonymous when cashing out? In my country every ATM has integrated camera in it.

as long as you are connecting to their system through your card and your transaction is going through their system, you can not stay anonymous because they have all your information and
what you did is being recorded.
so you are better off using bitcoin directly. this is why i disslike using any third party service when bitcoin is involved.

Meuh6879

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all ATM have webcam.
no deal. Undecided

IIOII

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Quote from: hayabusa911 on July 12, 2015, 01:14:55 AM

I haven't heard of a way to withdraw anonymously. In my opinion the whole concept of a bitcoin ATM kills the reason I liked BTC to begin with.

Not, if it is a one-way buy BTC only ATM.

Cashing out Bitcoin is simply not a good idea. There's no reason to switch back to the government-endorsed fiat scam when you own the best currency in the world. If Bitcoin goes mainstream, you will be able to buy everything with Bitcoin. Fiat money will be a thing of the past.

But regardless: If you want to transact anonymously, it's best to do it face-2-face.

BillyBones

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Quote from: chezalazha on July 12, 2015, 12:26:56 AM

Hi, say if you obtain plastic VISA or MasterCard where you can withdraw your bitcoins directly from any ATM, are you being anonymous when cashing out? In my country every ATM has integrated camera in it.

Here in my country also, each ATM has fixed camera in it, to keep anonymous draw smaller amount when you go for big transactions or withdrawal use such as LocalBitcoins, Xapo and many other whom you trust.

unamis76

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Someone's name has got to be in that card, even if it's not yours, so it's never truly anonymous I think. And if there's a camera you can simply forget about anonimity, I bet they can match your face, the time of the pictures, and your card's number...

Bitcoin is the way to go Cheesy

u9y42

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Quote from: Kprawn on July 12, 2015, 04:41:27 AM

It's one of the main problems with BTC ATM's where you can do withdrawals. You could have had some degree of anonymity, until you use one of these machines.

If you life in the USA or UK you can basically give up any anonymity, even if the ATM has no built in camera. There is so many cameras not related to BTC installed, for

you to be identified with. It's a wonder they do not have any cameras installed in the toilets. Huh

Well... I've got some bad news: http://www.theguardian.com/world/2012/sep/11/cctv-cameras-school-changing-rooms. Tongue

Quote from: http://www.theguardian.com/world/2012/sep/11/cctv-cameras-school-changing-rooms

More than 200 schools across Britain are using CCTV cameras in pupils' toilets or changing rooms, according to figures obtained by anti-surveillance campaigners, who warned that the research raised serious questions about the privacy of schoolchildren.

Kprawn

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It's one of the main problems with BTC ATM's where you can do withdrawals. You could have had some degree of anonymity, until you use one of these machines.

If you life in the USA or UK you can basically give up any anonymity, even if the ATM has no built in camera. There is so many cameras not related to BTC installed, for

you to be identified with. It's a wonder they do not have any cameras installed in the toilets. Huh

OmegaStarScream

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Quote from: chezalazha on July 12, 2015, 12:26:56 AM

Hi, say if you obtain plastic VISA or MasterCard where you can withdraw your bitcoins directly from any ATM, are you being anonymous when cashing out? In my country every ATM has integrated camera in it.

It's not camera's or anything , using the MasterCard or Visa card it self make you not annonymus anymore because they basically contain your name,and I'am pretty sure that the bank related to that ATM know when you put that card on their ATM and probably get the name etc ... so not sure how you could be annonymus with that .

Amph

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visa circuit and mastercard are controlled to death, i believe they are much less anon than simple using your bitcoin from mobile or from your home

another reason why i don't like them at all, also aren't we here to get rid of pesky debit and credit cards?

Hazir

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★Nitrogensports.eu★

Quote from: chezalazha on July 12, 2015, 12:26:56 AM

Hi, say if you obtain plastic VISA or MasterCard where you can withdraw your bitcoins directly from any ATM, are you being anonymous when cashing out? In my country every ATM has integrated camera in it.

If privacy is your concern then you must know that you're not anonymous while dealing with Banks (they need your IDs) and ATMs (they had cameras; your account is linked to you)
and bitcoin exchanges (as they need your credentials too, for the most part). Using bitcoin directly in p2p way is anonymous (to some point), using every other satellite bitcoin service is not.

shad_90

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Surely, It is not anonymous. Why do you want to withdraw from ATM? If you really want to do that, one way is to buy gift cards with BTC and sell them for Paypal and withdraw Paypal. That will ensure some anonymity.

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