Originally Posted by
MeanPeopleSuck
Hey, nothing wrong with being a newbie. That's how we all start.
Y, Coinsbank's a UK incorporated company. It works the same way Bitpay works: you can take BTC you've got and load it for dollars at a competitive exchange rate, then use the card anywhere or withdraw cash at an ATM.
Companies like Bitpay and Coinsbank see privacy the same way you and I see it. They adhere to KYC and anti money laundering laws grudgingly and with a complete lack of relish. So if you sniff around the grey areas of things like your true ID and they twig on it they're more likely to laugh or, at worst, scold rather than actually ban you.