It seems like everywhere is asking for my ID multiple times and there are multiple international companies involved.

I thought the whole point of blockchain was decentralised so why can’t I just buy btc without jumping through a thousand hoops?!?

I tried using bisq but it seems more geared towards traders and you need btc to buy btc :(

any help would be appreciated.

  • Sup3rlativ3@lemmy.worldOP
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    6 months ago

    I understand that but the fact I need to verify my identity to purchase something that is meant to be decentralised seems counter intuitive, no?

    • catloaf
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      6 months ago

      No. It’s neither anonymous nor decentralized. If you buy Bitcoin, you’re interacting with one central Bitcoin blockchain, with identifiable wallets.