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Showing 5 of 5 results by midwestman21
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Board Beginners & Help
Re: How to fund bitcoin wallet without bank account? Even possible?
by
midwestman21
on 23/03/2017, 22:51:58 UTC
Thanks everyone for replies.  I have decided not to use bitcoin as it's much more hassle than I thought.  Glad I came here to ask questions first, since I never even heard of bitcoin until recently.  Old folks aren't hip. 
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Topic
Board Beginners & Help
Re: How to fund bitcoin wallet without bank account? Even possible?
by
midwestman21
on 23/03/2017, 22:25:30 UTC
To create a wallet all you have to do is download and run a client, e.g.: https://electrum.org/ (no information is required whatsoever).
[/quote]

You said you didn't understand my question, so I'll rephrase.  For example, Coinbase Wallet asks for your bank account information as soon as you sign up.  Is this the norm?  If not, what are better places to use?
Coinbase is actually an exchange, their wallet services are secondary. There are web wallets which do not require such information to sign up.

Or for anyone else that cares to answer my initial question, let me word it differently.  I want to remain anonymous at all times.  
There is no such thing as complete anonymity in these cases.

That means opening a wallet, funding it, buying bitcoins, receiving bitcoins, and converting to cold hard cash so I can spend the money locally in town.  It seems this is not likely.
One does not "open" a wallet; one creates a wallet. 'Buying' Bitcoins is the most problematic part here. You could attempt to find someone dealing with cash e.g. on this website: https://localbitcoins.com. Similarly, cashing out completely *anonymous* is also a problem. I assume you want to avoid taxes, which is illegal and I shall not give you any advice in this regard.

To create a wallet all you have to do is download and run a client, e.g.: https://electrum.org/ (no information is required whatsoever).


Thank you for all that information.  Lol, no, I am not trying to avoid taxes, but thanks for the laugh.  I was a victim of identity fraud once and simply do not want to link my bank to anything online, if I get a new bank account at all.  But gee thanks for the ridiculous accusation ... some way to start off my experience on this forum, by being insulted for asking the most innocent of questions.  


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Board Beginners & Help
Re: How to fund bitcoin wallet without bank account? Even possible?
by
midwestman21
on 23/03/2017, 22:18:11 UTC
You can use Localbitcoins. Or any face to face P2P transaction involving an exchange for bitcoin. Edit: Oops, I see that was just answered.

Thanks.
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Board Beginners & Help
Re: How to fund bitcoin wallet without bank account? Even possible?
by
midwestman21
on 23/03/2017, 22:02:06 UTC
I'll rephrase.  For example, Coinbase Wallet asks for your bank account information as soon as you sign up.  Is this the norm?  If not, what are better places to use?

Or for anyone else that cares to answer my initial question, let me word it differently.  I want to remain anonymous at all times.  That means opening a wallet, funding it, buying bitcoins, receiving bitcoins, and converting to cold hard cash so I can spend the money locally in town.  It seems this is not likely.  So, is it possible to be a bitcoin user without having a bank account?  If you don't have one, then what?

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Topic
Board Beginners & Help
How to fund bitcoin wallet without bank account? Even possible?
by
midwestman21
on 23/03/2017, 21:32:17 UTC
I am new to bitcoin.  Never did this before, but it seems all wallet services want your bank information at some point.  Are there any wallets that don't require it?  Don't have a bank account right now.