Thread: Bitcoin how use

I wanted to try Bitcoin but I think I misunderstood how it worked. I had done some brief research about a month ago and thought you just find a bitcoin ATM and insert cash, maybe pay some nominal fee, and then you get a receipt with an account number to access your bitcoin currency. I did NOT think any personal information was necessary which is why this is becoming a popular option on the steroid underground. However, now I'm reading and it looks like I have to download one of several different apps to choose from for my phone and then put all my personal information down in the app along with a picture of my ID. Then I use this app to go to a bitcoin ATM and buy bitcoins. Does that sound right?

Originally Posted by texas.redneck

I wanted to try Bitcoin but I think I misunderstood how it worked. I had done some brief research about a month ago and thought you just find a bitcoin ATM and insert cash, maybe pay some nominal fee, and then you get a receipt with an account number to access your bitcoin currency. I did NOT think any personal information was necessary which is why this is becoming a popular option on the steroid underground. However, now I'm reading and it looks like I have to download one of several different apps to choose from for my phone and then put all my personal information down in the app along with a picture of my ID. Then I use this app to go to a bitcoin ATM and buy bitcoins. Does that sound right?

Negative ghost rider... that’s just one way... if you want to fly completely under the radar you download “blockchain wallet” and deposit cash direct from bitcoin atm to the blockchain wallet... no personal info needed. At least not from the atm here in my home town...

But I just do everything online now which I needed to give personal info in order to open the accounts... it’s more convenient.. I personally open a new block chain wallet address every new time I send from coinbase so I don’t have a repeat address they can try to pin on me.