Ways That You Can Get Bitcoins
The only way to obtain Bitcoins when it first launched was to use the peer to peer network. You could do this anonymously and you didn’t need permission from anyone to acquire Bitcoins. With the growth in popularity of Bitcoin there are now several ways you can acquire them. Cryptocurrency Exchanges You can register with a cryptocurrency exchange like Coinbase.com and purchase Bitcoins using your native currency. Some countries do not allow the purchase of Bitcoins so you need to check this first. When you sign up with a reputable exchange like Coinbase.com you will need to provide a number of personal details. This certainly includes your name and address and other financial information. This is to comply with the Know Your Customer (KYC) laws that exist in a lot of countries. This defeats one of the key cornerstones of Bitcoin which is anonymity. The network was set up so that you could perform Bitcoin transactions without anyone knowing who you were or where you were from....
