Post
Topic
Board Bitcoin Discussion
Re: Too dumb to undrstand
by
Taskford
on 26/07/2020, 10:59:58 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.

Really hard to think about those things especially if they are new on the platform but what I can suggest to those new is they should do a proper research before engaging their selves on unknown platform. And I'm also impressed with those newbies who came here ask about the certain platform since for doing that they could learn and they became good observer on next time around.

We should try to be vigilant always especially with our private information.