Post
Topic
Board Bitcoin Discussion
Re: Too dumb to undrstand
by
Gotumoot
on 26/07/2020, 08:14:54 UTC
Hey guys/gals, maybe I'm too dumb to understand how BC really works, but I just signed-up on a BC site and before I can purchase a few coins, I was asked for all my REAL information, including last 4 of my SS#, address, and even a bank account to link my BC account to! So I'm scratching my head, "how can this be anonymous" they know everything about me and if I buy anything using that BC account, I just opened, it'll be just as transparent as buying w/ cc lol. Again please forgive my ignorance, but can someone briefly explain how can any transaction from a BC account be anonymous, if they collect every piece of information about you before allowing you to open an account! Thanks!
You could choose another site to use seems like you are registering to a site with a KYC required to use their service there are so many other providers that you could use without having a KYC.
And it is great that newbies are asking out to know more it is better than being so high and mighty even if you don't know a thing.
It is great to see that there are some who are still eager to know something about what they are about to do and not just blindly signing up.