Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
aubert
on 13/09/2016, 11:25:36 UTC
Yes, aside from the mere fact that its a currency, the person transacting it will have anonymity. Thats why there are some online wallets needs id verification in order for you to make big transactions in btc.
online wallets doesn't require you to do verification with your gov document,the example of online wallet is blockchain.info or blocktrail
the one that require verification is an exchanger,when you're going to buy bitcoin there you'll be required to do verification although most of exchanger also having online wallet,but online wallet still can be used even you didn't verify your account for example coinbase or whatever