Gotta get that KYC!
I guess they don’t want anonymous reasons for security reasons. Which is somehng I can understand
Vultr doesn't let you use Bitcoin until you've already set up payment using a credit card or PayPal
Submitted 5 weeks ago by Kalcifer@sh.itjust.works to mildlyinfuriating@lemmy.world
https://sh.itjust.works/pictrs/image/5be79972-9a57-4579-808c-8e74fb357595.png
Comments
abbadon420@lemm.ee 5 weeks ago
gigachad@sh.itjust.works 5 weeks ago
Isn’t it a privilege being able to pay with Buttcoin at all?
0laura@lemmy.dbzer0.com 5 weeks ago
Bitcoin sucks, and Monero is useless it you have to set up Paypal.
WhyFlip@lemmy.world 5 weeks ago
Hahaha, you said “buttcoin” . You’re so funny!
Not.
independantiste@sh.itjust.works 5 weeks ago
dragnucs@lemmy.ml 5 weeks ago
While not the best thjbg for customers, it helps them reduce fraud and keep the service acceptable.
Since vultr network has a hood reputation, they could be abused to send spam. Having crypto payment only would not prevent them to detect repeat abusers. With a verified payment method they can ID who me they are providing service for.
In an absence of such limitation, abusers can simply create a new email and wallet then get back to abusing.
possiblylinux127@lemmy.zip 5 weeks ago
Cash is king
LainTrain@lemmy.dbzer0.com 5 weeks ago
Sucks. Fuck KYC now and forever
bobs_monkey@lemm.ee 5 weeks ago
KYC?
BeardedGingerWonder@feddit.uk 5 weeks ago
Know your customer. Legal requirement on financial institutions to retain certain customer information and red flag suspicious behaviour.
SpaceNoodle@lemmy.world 5 weeks ago
Kentucky Yeeted Chicken
The_Worst@feddit.nl 5 weeks ago
Know Your Customer.
WhyFlip@lemmy.world 5 weeks ago
What a dumb take.
LainTrain@lemmy.dbzer0.com 5 weeks ago
Any reason why?