In some cases, the machine will generate a paper wallet. One commonly repeated comparison likens transacting with bitcoin to an author writing under a pseudonym — if their true identity is ever discovered, anything they wrote while using the pseudonym can be linked directly to them. Your email address will not be published. Even Yahoo was hacked and information on million accounts was stolen. Bitit offers buying Bitcoins from your local vendors using Neosurf, Flexepin and Cashlib vouchers. These kind of transactions are quite quick and reduces the risk of updating your bank details on the site. Signup to BitQuick here.