Hey guys, I understand that Bitcoin is decentralized and doesn’t require ID or permission to use. That part is clear to me and I’m not questioning that. But what I’m still trying to figure out is how to actually get Bitcoin and stay anonymous if at some point you most likely will use fiat to get it.
Let’s say you try to go through a p2p method online, that still involves paying someone and that payment usually has to come from your fiat money. So how do you do that without creating a link to your real identity? That’s the part I find confusing. It’s not about Bitcoin itself, it’s about the process of converting the fiat to Bitcoin in a way that doesn’t leave a trace.
I’m also curious how people used to do it in the earlier days, like in 2014 or 2015. I guess it was easier back then but I don’t know what the usual methods were. Were they just doing regular bank transfers or was there something else people used to stay private?
If someone with real knowledge/experience can explain how this is done in practice I will be grateful for and than you.
easiest way to stay anonymous buying btc with fiat is to pay with cash
also
use privacy coins (like Monero), then convert those privacy coins to anything you want.
How do you get access to ownership of some Monero to them convert to BTC. Aren't you going to buy using fiat? Or am I wrong about that!
You first option of buying with physical cash is just one simple means to own bitcoin without any trace to your identity because it doesn't involve the use of any exchange P2P platform