Post
Topic
Board Bitcoin Discussion
Re: bit coin atms better way for privacy?
by
Z_MBFM
on 29/05/2025, 08:23:47 UTC
hey guys,

sorry if this is the wrong area to post. please advise me where to post or move this post if its in the wrong area.

im looking for a way to turn cash into bit coin as i dont want my bank transfers tracked. atm i use bitcoin atms. but the price difference is huge there is at least a 20 percent loss from the market value for using this way.

im in australia, is there a easier way to get bit coins annon like using a atm to get bit coin that i dont know about? or i do i just have to face this is the price to pay for buying bit coin and making it untraceable from my bank?

im very private and secure with what i do and dont want to use exchanges, as i know its the best way right now.
Bitcoin ATM will open up many opportunities for us. Bitcoin has not been legalized in my country yet, so I am very interested in Bitcoin ATM. However, a physical Bitcoin ATM will never be able to provide us with complete security. Because when I use my Bitcoin ATM to get cash, we will not be able to remain anonymous in any way. The main reason for using Bitcoin is that any amount of transaction can be made anonymously here. There is financial freedom here. If you use Bitcoin ATM, the decentralization of Bitcoin will no longer work here. Then it will become centralized. So all in all, I would say that Bitcoin ATM will not be able to provide us with privacy.