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So, if I make a website named FBGSKINS - buy a SSL security ticket - run 5-6k bots to give fake testimonials (happens day in and day out on yelp - private business owners deal with this daily).
You'll give me a copy of your drivers license, your SSN #, email / password, bank account routing and account #, entire name full name and address, as well as any debit or credit card you may use? Didn't think so.
You're correct, if you were ever a sub-contractor or a private company owner you should understand the importance of an EIN and what it can do. As well as understanding your quartely, or yearly tax required tax reports.
I think realistically the issue / purpose of this thread that has been lost/clouded by, "is bitskins a scam or legit?!" Is the sheer fact that as a small time seller, who is not reporting/earning enough quarter/yearly revenue through BITSKINS to warrant his bitskins store as a viable source of income - the information the OP was asked for should not be required.
Ex: You aren't required to register as a business to sell a single solidarity item on valve's marketplace. This would be like ebay requiring you to register as a ebay seller/affiliated privately owned business just to sell that Justin Bieber Purpose Tour T-shirt you rock daily.
In which case I think is reasonable to warrant suspicion. A lot of folks commenting in this thread seem to be speaking of bitskin's as it is their main source of income. However, it does not seem like the case for the OP. If you're cs:go item trading for a living without supplemental income, which I SERIOUSLY doubt. If so I would love to see proof that you're stable and maintaining a house, car note, cell phone, cable etc... Maybe at one time, when the scene was thriving and new. But at this current state of the game. If you make those claims, it must be because you live in a mud hut in the Savannah's of Africa.
In which case, I am on the side of the OP. Bitskin's itself, although has been a trust worthy website for its entire existence thus far in the community. It is privately owned, which is a bit sketchy when talking about someone capturing and recording your SSN. Essentially that's sort of like meeting someone on the internet, them stating they own a legit business, give you a website, and you put entire identity into the input fields as asked. With no follow up or even a shred of information about the websites origin or owner.
When you mention that if you buy/sell/trade on steam you have to fill out a tax form. It's a rather large difference tbh. Valve Corporation is US business registered with the BBB, as well as recognized on a national business scale. So the way forms/identifications/etc are processed/filed and handled are a completely different manor than, "Joe's Skin Shop."
Now if you don't understand that...You've never been self employed, self-contracted, owned your own company, and or "your mom probably filled out your tax forms."
As someone who's daily life involves being self-contracted/self employed. I am with the OP. Not to say I am not a trustworthy person however as a private business I would expect some resistance if I asked my clients for a picture of their ID, a copy of their SS, and any other identifiers to follow.
For people that constantly are on the alert of being fished by random entities making spoofing websites. You guy's seem rather lax about handing over your information to one that the internet states is safe.
Once again, not that I am downplaying BitSkins legitimacy. Just stating that it is no where near on the scale of Valve's business and is still a privately owned internet business.
Hell, this is the internet, for all you guys know...I am Snowden.
And my "text" wasn't written to attack you. Merely to add specifics to your rather broad and general statement of:
As it seemed you were using this rather general statement to sound more intelligent than the person you were mentioning this too. To be more specific, like saying, "yeah well...if you ever owned a business, which you probably haven't...you should know why you need to give this information out sometimes."
Which is not the case. As a business owner you should understand and rightfully question when this information is asked for and consider who it goes to.
Once again, the purpose of my response was to not attack you or the OP or BitSkins. More or less give real perspective to a thread that seems tbh..to be full with a bunch of fanboys vs naysayers and less about what the OP inteded the thread to be about.
But ayyyy, my job is not to teach reading comprehension. If you can't draw that conclusion yourself via my text. Well, good day sir.
*edit*
Also btw I do agree on your IRS/BitSkins compliance statement. My text is not refuting that. I am refuting that this information is required of you, if you sell maybe 1-2 skins every other month.
SS is a form of identification in the US for all sorts of financial transactions. It is very important to you and you should take great pains to keep it private. But when dealing with money, it is required. When I applied for financial aid for my college, I needed to give my SS number. When I enrolled in a college, I had to give them my SS number. When I got a job on campus, I had to give them my SS number.
I have not personally used bitskins but if you are in the US, it is reasonable that they would require this when cashing out in terms of real money. Your finances and taxable income are information the government demands, both you and bitskins can get in serious trouble for withholding it. My ultimate suggestion is dependent on how much you want to cash out. If it's not thousands and thousands of dollars, you might be able to look around for some alternatives. But bitskins is a trusted site that thousands of people have cashed out on. There is of course a risk the site could be hacked and some information could be leaked, but that is a threat everywhere. Plenty of government websites in the past have been hacked.