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There are no names and no accounts in the Bitcoin ecosystem: only anonymous Bitcoin wallets. It makes transactions with people less of a hassle and doesn't require you to input confidential data such as your personal information or credit card details. See More
you must figure out how to buy enough btc without providing any personal data, sadly most mayor exchanges now follow kyc and aml policies so those are out of the question, this leaves only a few services or using a btc atm or mining (but that is no longer realistic) you must tumble the coins after to further obfuscate their origin the merchant you are buying from will know your delivery address, the btc address that the payment came from and the ip used when ordering which they will happily give to law enforcement should they get in trouble (and most eventually do get caught) All the interactions between your wallet and the internet should be done over tor as should any purchases and you must find a way to get the products delivered to a fake address. Only after all of this are you at least close to anonymous. Unless law enforcement is really trying to get you (unlikely unless you are also distributing the products in large amounts, buying smaller quantities for personal use is safe). See More
Bitcoin payments take place in the 'blockchain', and must be processed before a payment is completed. This can take anywhere from a couple of minutes up to a couple of hours. However, if you pay a small fee, your transaction is more likely to be completed faster. See More
Bitcoins can be converted to 'real' currency in online marketplaces. You'll often pay a small fee, but that's negligible compared to the average charges. The worth of your sold bitcoins can be transferred to your bank account. This also makes Bitcoin an ideal solution for global payments with different currencies. See More
When your account is not verified, PayPal can decide to (temporarily) freeze all your funds until all proper documentation has been provided by the user. For example, European users who have received more than 2.500 EUR in a year will have their funds frozen until user identification is provided. See More
Skrill is an extremely popular and fast payment method for online casino's, but these are only available throughout Europe, with New Jersey being an exception. US and Canadian citizens might have trouble finding the service. See More
Square Cash features an intuitive feature that allows you to collect money from anyone in the world with a $Cashtag, a variation of the popular hashtags. If you specify a cashtag - for instance $Mike - anyone can send money to this particular cashtag and it'll be transferred to your Square Cash account instantly. See More
You can scan your credit or debit card with the camera on your smartphone to instantly link the two payment methods. Sending and receiving money is also very simple via the Request and Pay buttons. You can also send or request money from non Square Cash users with a message that includes a link to the App Store or Google Play Marketplace. See More
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