Quote from: Smartprofit on Today at 10:26:07 AM

Quote from: lokamira on July 15, 2025, 07:36:29 PM

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.

Maintaining anonymous confidentiality when buying or selling bitcoin, in my opinion, is currently very difficult.

The easiest way is to buy bitcoin for cash. This service is provided by some exchangers. At the same time, as knowledgeable people say, most of these exchangers cooperate with law enforcement agencies in one way or another. Accordingly, when exchanging, they identify their clients. I am not even talking about the fact that all the premises of such exchangers are equipped with video cameras. 🕵️Also, exchangers, as a rule, do not change too small amounts. In any case, they try to find out as much information about their clients as possible before exchanging cash for bitcoins. It will probably be easier for you to maintain anonymity and confidentiality if you give the exchangers the Monero cryptocurrency and receive Bitcoin in return. With such an exchange, you may be able to maintain anonymity and confidentiality, that is, you will end up with bitcoin, but the analytical programs analyzing the Bitcoin blockchain will not know who you are and what person this bitcoin belongs to.

At the same time, another question arises... How do you buy Monero? In any case, perhaps for maximum anonymity and confidentiality you will need to come up with a complex exchange scheme.

Because the entire logic of financial agents is now aimed at depriving you of anonymity and confidentiality when making financial transactions.

What if said vendors would just tie you to your XMR?

You just need the right people at the right time, and if you don't do something really illegal which would draw attention - I don't think you would be in trouble.