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Comment by i_have_an_idea

Due to AML regulations, banks and e-money institutions are required by law to perform KYC procedures on their customers. That invariably means storing and verifying your govt issued ID.

If you don't want to provide your ID, then that essentially limits your options to:

1) cash

2) crypto (assuming you never interface with exchanges/banks)

3) use e-money services up to the cumulative amount that triggers the KYC process. I forget what that is, but probably a few hundred dollars.

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