I think it’s depending on what country you live in; I have never used Bitcoins atm or have been buying Bitcoins face to face. But most countries you just need a visa or MasterCard to buy Bitcoins, you can also do money bank money transferee.
But if you use a bank card or money transferee from your bank account, that’s just as good as a KYC, both your bank and the exchange can see who you are and what you’re buying.
Topic: Why So Bloody Hard to Buy Crypto? - page 9. (Read 2027 times)
It would depends of which country you are living in. If you have Bitcoin ATM's in your counrty you can buy your cryptos there. I have never support the KYC procedure because it shouldn't be with cryptocurrency. Bitcoin and altcoin holders should stay anonymously and that was in this order before.. But unfortunately now we have to give our names and pssports..
yes we know that the fluctuating value of bitcoin is still considered very dangerous for the people to buy it. plus banned crypto ads on social media that limit someone from "accidentally" knowing the crypto world. I think the bull run that will happen in the near future can change the perspective of these people.
Cryptocurrency is not dirty money, they think like that because they are more familiar with fiat because they use daily transactions. They just don't know crypto and lack of understanding, and when they understand crypto they will prefer crypto.
Dirty money? nah.. you know what's dirty? fiat money, it's being passed through different hands and bacterias are also being passed to the receiver which can cause cough, cold and other mild disease that you'll never notice.
Buying crypto is hard for those people that are still skeptic and not sure if they will have it or not.
I think. The mean of dirty money is money that is often used for crime. and that made the public afraid and skeptical. but. the reality is that fiat is often used as crime rather than crypto. but crypto is harder to trace.Buying crypto is hard for those people that are still skeptic and not sure if they will have it or not.
Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Its not hard to buy any cryptocurrency rather I found it more easy than anything else be it stocks, fiat currency or anything related to financial market. The only problem is cryptocurrencies are not recognized by many govts. still we have P2P network to buy bitcoin and eth and exchange at exchanges for any cryptocurrency, so why is it hard, its nothing like dirty money.
Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Its not hard to buy any cryptocurrency rather I found it more easy than anything else be it stocks, fiat currency or anything related to financial market. The only problem is cryptocurrencies are not recognized by many govts. still we have P2P network to buy bitcoin and eth and exchange at exchanges for any cryptocurrency, so why is it hard, its nothing like dirty money.
You forgot to add localbitcoins, site that exist for years, if you don't wish to buy bitcoins or some other crypto without any traces with hard cash you can do that with localbitcoins, just find the closest seller.
I don't get this headline, op wasn't here years ago when buying bitcoins was possible only on few places, cashing out was also tricky, depending from place you live. Now you can buy bitcoins in so many ways, cashing out is easier than ever, just to mention bitcoin atm's number is increasing a lot in past two years.
Op didn't try to search more about this matter, if he did he wouldn't create this thread. Newcomer without will to something alone is nothing new here, but he will learn with time.
Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Its not hard to buy any cryptocurrency rather I found it more easy than anything else be it stocks, fiat currency or anything related to financial market. The only problem is cryptocurrencies are not recognized by many govts. still we have P2P network to buy bitcoin and eth and exchange at exchanges for any cryptocurrency, so why is it hard, its nothing like dirty money.
I don't feel that buying bitcoin is a difficult thing when you are really interested and trying to find out how to get it. this concept applies to other things that are considered new to the individual. in terms of the mechanism I think buying bitcoin is fairly easy, you only have to register in one of the bitcoin markets, verify identity, top up through fiat and buy it. it is even more difficult when you want to transact using a bank, you have to come to their office every time you register.
Buying cryptocurrrency wasn't meant to be through third-party (like centralized exchange) in the first place. It should be peer-to-peer. Third-party platforms are pure abomination to cryptocurrrency.
A serious Crypto developer should consider developing algorithm that bans or destroys any centralized exchange that tries to list his Coins.
If you can't build exchange that is decentralized or hard to stop, don't build at all.
Cryptocurrrency needs sustainable and consistent growth.
A serious Crypto developer should consider developing algorithm that bans or destroys any centralized exchange that tries to list his Coins.
If you can't build exchange that is decentralized or hard to stop, don't build at all.
Cryptocurrrency needs sustainable and consistent growth.
the emerging waves plattform will make it easier to aquire cryptocurrencies, its however still quite though to load your account with communal fiats
that would still require you to convert your fiat to some other digital form (crypto token) then use that to enter that platform to trade. so the step one is still the same and that means it is changing nothing apart from introducing a nice platform for traders who want to do some decentralized trading while having anything but fiat.
Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
it might be a legal issue that makes it very difficult to get crypto currencies if indeed the crypto currency has become a currency recognized by the world it might be easy to get it Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
It is just a new learning curve and most people struggle with the "wallet" concept, because they have not dealt with Crypto currencies before. As time goes by, the technology will mature and the developers will make it easier. We already have 1000s of developers working on "easy to use" hardware and software wallets and Bitcoin ATM manufacturers that are making it easier to buy and sell bitcoins. 
PayPal was just as difficult in the beginning.
PayPal was just as difficult in the beginning.
It is hard to say that crypto is very good to buy at right time and Buying is hard because seller are less and they don't want to sell at this low prices but a lot of parties if you search you will find you will find that one day crypt will rule the world but time is important.
It is not at all hard to buy crypto. You can simply register on an exchange and then buy crypto through it. There are tutorials for that as well that you can see and follow for free. However, in order to be able to estimate the buying price so as to make good profit, you will have to do some analysis and research.
You should elaborate on " hard to buy" and i dont think that it is hard for average person to buy crypto currencies. Just find a decent exchnage, register , top up fiat and go ahead.
You right, come on man, who in this era doesn't have email? almost everyone has an email and all they are connected to the internet, is it that the key to creating an account in exchange and buying crypto, it's not as difficult as you might imagine 
Bitcoin and other crypto currencies are becoming more accepted these days.
Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Crypto currencies is getting more popular and all thanks to the statement made by the IMF boss which she used to advice the governments and central banks of every countries to have their own national crypto currency but I dont find too hard to buy crypto this days. But it the rules and regulations of certain countries concern crypto usually determine the level of ease of their people in buying crypto currency. Why then, is it so bloody hard for the average person to learn where to buy it? Is it because it's considered "dirty money?"
Your opinion?
Fiat still dominates the world so all we can do is go with it and deal with it. I would suggest you buy through big name exchanges because there is a bigger chance that the exchange will most likely not do you harm without a hint. One KYC verification can move you through cryptocurrency. For me, that's one of the way investments go.
Don't think it's hard, you just got to look at right places. If you just make post here, where can I buy crypto? You will get many replies.
You should elaborate on " hard to buy" and i dont think that it is hard for average person to buy crypto currencies. Just find a decent exchnage, register , top up fiat and go ahead.
Jump to: