It seems like everywhere is asking for my ID multiple times and there are multiple international companies involved.

I thought the whole point of blockchain was decentralised so why can’t I just buy btc without jumping through a thousand hoops?!?

I tried using bisq but it seems more geared towards traders and you need btc to buy btc :(

any help would be appreciated.

  • @Sup3rlativ3OP
    link
    09 months ago

    I understand that but the fact I need to verify my identity to purchase something that is meant to be decentralised seems counter intuitive, no?

    • @[email protected]
      link
      fedilink
      English
      19 months ago

      No. It’s neither anonymous nor decentralized. If you buy Bitcoin, you’re interacting with one central Bitcoin blockchain, with identifiable wallets.

      • @Sup3rlativ3OP
        link
        19 months ago

        One blockchain that has no master node aka decentralised

        • gimpchrist
          link
          19 months ago

          I don’t know if you understand how the blockchain works