Re:Bitcoin breaks 30 USD
by jere on Friday February 22, 2013 @07:13AM
(#5263859)
Along the lines of the real world PITA you acknowledged at the end: getting dollars out of mtgox is a nightmare and don't expect for a second that you won't be giving up all your info to the government.
I had some BTC lying around there for a year or so. When I came back, they had upgraded their security methods to the point where I had to:
-submit proof of residence
-submit a valid photo ID
-wait several days
-ask for verification on dwolla
-wait several days
In addition, there is a disclaimer on mtgox explicitly forbidding Tor and using proxies. There's not a shred of anonymity in this process.
I had some BTC lying around there for a year or so. When I came back, they had upgraded their security methods to the point where I had to:
-submit proof of residence
-submit a valid photo ID
-wait several days
-ask for verification on dwolla
-wait several days
In addition, there is a disclaimer on mtgox explicitly forbidding Tor and using proxies. There's not a shred of anonymity in this process.