why is it so hard to buy bitcoin

[maklampir]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.

[roykiyosi]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.

Most of it comes down to covering their tracks in the event the government ever gets involved. There are some gov't regulations that they still have to deal with, and in the event the government actually shows up, chances are they want to have those records on hand. I know I would, and a majority of business owners want to be on the good side of the government.

[Guerreiro]

Why not go on decentralized exchangers you would have better experience their if you don't want to submit your personal info for your said exchange.

[KaptenCacing]

u can buy on better or another exchange
u can check on coinmarketcaps there are many exchange with no kyc requirement

[Lucky Stone]

u can buy on better or another exchange
u can check on coinmarketcaps there are many exchange with no kyc requirement

you are absolutely right, this could be one of the alternatives. I'm also increasingly adding to my knowledge so I can buy with bitcoin easy because to be honest I still encountered many difficulties.

[Gunung_ulo]

it's better if you choose a way or other method, because I don't think it's as difficult as you say to buy bitcoin, and I also really believe that bitcoin is very profitable.

[Instro18]

if I don't think it's difficult, bro. By visiting the crypto market there must be bitcoin. enough we save money at the Bank and then we exchange it with bitcoin. if you can't ask your friend or relative to buy bitcoin

[Overpower]

Yes, to buy bitcoin with visa we should upload document to where we buy, it happen maybe because to prevent scammer in internet

[yousufatik]

Maybe in some countries can not buy bitcoin caused by no market that receives local currency to buy bitcoin. So people who only use local money will difficult to find it the right market to visit especially if there are countries that banning bitcoin it will be a bit more difficult. Actually there are several alternatives to buy bitcoin that is make paypal account or something and look for seller or market that offer paypal usage to buy bitcoin.

[bdsharminsoltana]

I think in future it will become even harder to buy and sell bitcoin.
The governments want to participate at the earnings and get their share of taxes. Somehow I can understand that.
Besides, crypto currencies were used for some unhonest business models in the past. Verifications can help to reduce those sam attempts.
The more popular bitcoin becomes ther more regulated it will be.

[kamal420]

Buying bitcoin is not that a hard thing to do, because we've got lot of exchanges providing with the easiest accessing. Maybe the price seems little big, but when we think of the the denominations available it is truly affordable for each and every level of people.

[jbc081475]

For me it is not so hard to buy Bitcoin because we can still buy this at the exchanged.The only hard is that we cannot afford to purchase bitcoin because it is very expensive.

[Synvc]

That is the exchange system must verify the account so as not to experience fraudulent fake account accounts.

[Eben]

I probably think you’re not doing things right because it’s not so difficult to purchase bitcoin once you have the money to.

[sola]

With increased use and wider acceptance, bitcoin access should be getting easier by the day. It is also unregulated, meaning anybody can acquire and use Bitcoin. So, one would be forgiven if they thought that buying bitcoin is the easiest experience in all of the cryptocurrency.