Jacob | Five Eye Tea on Nostr: I've had several relatively infamous posts here that describe the issue, because some ...
I've had several relatively infamous posts here that describe the issue, because some people on Nostr can't accept that not everything is perfect in Bitcoin world. That said, I don't want to bring up all that drama again, so I'll explain the basic issue here.
The main problem is that even on no-KYC platforms, virtually all of the payment methods require KYC themselves, defeating the purpose. The only other real option is to use cash by mail on platforms that support that and I'm definitely not doing that.
Other suggestions have included gift cards for Amazon and the like, and that might *possibly* be an option, but nobody seems to have any offers that would fit into my budget. I'm not spending more than $50 on Bitcoin at this point because I'm not all-in, per se. I could create an offer, but I don't really have the time to sit and manage something like that. I'd rather just buy and move on.
As for in-person options, there are ATMs and there are meet-ups. In terms of ATMs, the only ones near me charge a 20% premium, which I've been told is way over average, and it's definitely not something I'm willing or able to pay. In terms of meetups, I'm in a rural, small town, kind of in the middle of nowhere. I'd have to drive quite a distance to get to any nearby meetups, and for something that I'm just looking to dip my toes into, that's not really viable, especially right now when I have very little free time to begin with. This is even more of an issue because I don't drive and I'm not Ubering.
So yeah, that's the basic gist of why I've given up on even trying to actually get into Bitcoin. It's not for a lack of trying, I've done all I can possibly do. I'm fine with using cash in person, that's what I've been using my entire life. And in terms of online purchases, there are things like prepaid Visa cards that I can grab, which are just as useful and don't require me to KYC to buy.
The main problem is that even on no-KYC platforms, virtually all of the payment methods require KYC themselves, defeating the purpose. The only other real option is to use cash by mail on platforms that support that and I'm definitely not doing that.
Other suggestions have included gift cards for Amazon and the like, and that might *possibly* be an option, but nobody seems to have any offers that would fit into my budget. I'm not spending more than $50 on Bitcoin at this point because I'm not all-in, per se. I could create an offer, but I don't really have the time to sit and manage something like that. I'd rather just buy and move on.
As for in-person options, there are ATMs and there are meet-ups. In terms of ATMs, the only ones near me charge a 20% premium, which I've been told is way over average, and it's definitely not something I'm willing or able to pay. In terms of meetups, I'm in a rural, small town, kind of in the middle of nowhere. I'd have to drive quite a distance to get to any nearby meetups, and for something that I'm just looking to dip my toes into, that's not really viable, especially right now when I have very little free time to begin with. This is even more of an issue because I don't drive and I'm not Ubering.
So yeah, that's the basic gist of why I've given up on even trying to actually get into Bitcoin. It's not for a lack of trying, I've done all I can possibly do. I'm fine with using cash in person, that's what I've been using my entire life. And in terms of online purchases, there are things like prepaid Visa cards that I can grab, which are just as useful and don't require me to KYC to buy.