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by JimDabell
1597 days ago
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> At the time, I was buying physical giftcards in bulk from official wholesale distributors for 90c on the dollar, scanning and OCR'ing the redemption codes, and was selling those for the BTC equivalent of $1.05 on the dollar. Isn’t this kind of thing usually associated with criminal behaviour? Why would somebody buy $1 of gift cards for $1.05 worth of Bitcoin instead of using an exchange? Seems like the main appeal is avoiding KYC laws that the exchanges follow isn’t it? |
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