How to Anonymously Buy Bitcoin Online and in Person

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4 years ago

Mine, Earn, Exchange or Buy?

In 2020, you have four ways of acquiring bitcoin: mining, earning, exchanging, or buying. While anyone can mine bitcoin, only those with the dedicated racks of hardware can do so profitably.

Thus, despite the lure of newly minted coins with no transactional history, mining is not a realistic way of obtaining bitcoin. Earning, typically through working for a crypto company, provides a more practical means of obtaining bitcoin, but isn’t remotely anonymous since your employer will have all your pertinent details, and may be obliged to pass these on to government agencies. Exchanging – that is, swapping goods or services for bitcoin – is a more practical way to get your hands on cryptocurrency.

You could set up your own bitcoin-only store, allowing you to sell physical and digital goods in exchange for crypto. With no fiat payment rails connected, you can run the website and accrue bitcoin without disclosing your identity. Naturally, you’ll need to have something that people desire sufficiently to part with their beloved bitcoin; think high quality merchandise, tasteful art, bespoke bitcoin jewelry, or genesis block-inspired posters.

Of course you don’t have to set up your own website to sell goods for bitcoin; there are already dozens of online stores where you can become a vendor with no questions asked. Welcome to the darknet.

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