Post
Topic
Board Currency exchange
Re: how to avoid buying blacklisted/dirty bitcoins
by
bias
on 04/05/2025, 18:57:14 UTC
Once again, I don't like the fact that too many people believe the "tainted coins" narrative.

But since some DEXs can lock your coins and get you in trouble until you comply with their AML policies, it looks like the problem is much bigger. People are afraid of tainted coins and companies follow stupid policies to comply with stupid rules.

I don't disagree with you, it's indeed stupid, and we know why they do it. But it's a fact that they do it and force you to follow it.

1. BISQ, where you can exchange BTC for multiple FIAT payment methods.
2. P2P, although there is a big security risk and I don't suggest face-to-face trading. You can do digital P2P though. You can even use this forum for this purpose.
3. Use services that sell various giftcards and use them to pay for goods in your local region. A good service, so far, is Bitrefill. Essentially this is encouraged because it facilitates the "living on bitcoin" idea.

I didn't say that you can't find alternatives, but none of them are fast or easy-going. Since people believe that they can be at risk, all aspects and options are affected. I mean that people who use Bisq or P2P can also be afraid that the coins that they will get are "dirty". It isn't as easy as it sounds. Undecided