Post
Topic
Board Beginners & Help
Re: Buying bitcoin is a pain.
by
mjc
on 05/12/2013, 02:05:59 UTC
If I want to buy some bitcoin I have to get verified first and link a bank account. It is @#%^ing ridiculous.
If I ever buy bitcoin it will have to be in-person with someone who has them. Selling is the same deal.

Will we ever be able to buy and sell bitcoin easily?


The exchanges are just trying to comply with current anti money laundering laws.  When you open a bank account you have to do the same thing.  The only difference here is you cannot just give them your lic to make a copy on the copier.  You actually have to send it into someone you do not see.  It comes down to trust.  If you are uneasy with that, then you are right you will have limited access.