I found this service that provides a Virtual Visa card that is funded with crypto. No KYC, sounds great, could it be a honeypot? Is there a way to pay on physical stores with it, on GrapheneOS?

  • withheldWitch77@lemmy.ml
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    4 hours ago

    Their terms includes processing data for third party providers, and those (probably banks, payment processors, etc.) are likely to require KYC at some point, otherwise they’re not going to operate with “Freedomia” and will freeze all customers’ funds until KYC is complete. In the worst case scenario “Freedomia” just takes money and doesn’t provide service at all. It also doesn’t contradict the first case. I also think it’s not likely to be the honeypot, because cops/glowies usually provoke people to do shadow things explicitly using their markets, forums, hardware, etc. As from my point of view no point of banking system can be trusted. They all want KYCs.