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by dangrossman
4479 days ago
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The comment was a parody of the post, showing how you go through much the same process to use a cash ATM the first time -- establishing an account, providing ID, having your account approved, etc. As for your last sentence, Bitcoin exchanges are regulated financial institutions, they don't have the choice of not collecting identification even if they're unknown to you. Anti Money Laundering (AML) and Know Your Customer (KYC) policies are not optional for money transmitters. |
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