So I've been trying to figure out how to get around the kyc here in america because I don't want monero users to have to buy a burner phone every time they use the atm (kyc through phone number works and was a good idea until I realized the impracticality of trying to use it as a get around).
So I'm just spitballing here. Can I make it operate in the same sort of fashion that prize/gumball/claw machines or casino chips operate. If you think about it, all that needs to happen is the recipient needs to get some sort of secure way to retrieve the crypto. Let me clarify.
If someone needed to buy monero they'd insert cash or card, the machine would ask how much they'd want, they would be charged and the machine would give them an item that would indirectly give the recipient monero.
Now here is the tricky part. If I blatantly exchange fiat for any cryptocurrency I'd get in trouble because it violates a bunch if laws and blah blah blah. So is there a way to make that last step a sort of mix between, chips at a casino or prize machine? Take for example a prize machine, if you insert a coin you get a prize. But in this case you could in theory buy a token that would hold the same value as however much monero you wanted.
I was thinking, the machine spits out extremely low capacity micro sd cards and on that card you have a file that holds the keys to a wallet that holds the monero. In this case the sd card itself isn't any form of currency. The sd card only holds coded information which is infact protected under the 1st amendment (Bernstein v. Department of Justice https://www.clearinghouse.net/detail.php?id=13683). And at the same time, it holds the monero you wanted.
For crypto other than monero, I would probably just require a phone number because it would still be less privacy invasive but not not make the recipient have to go around the whole anti-kyc process.
This is only half of the problem. The other half would be to find out how to change that monero back into cash. I have a couple ideas but I'm just gonna solve one problem at a time. Thanks!
Edit: spelling and clarification
via Monero: the secure, private, untraceable currency https://ift.tt/2UvRJXY