A "Blacklisted" ID and an Entrepreneurial Dream That Shouldn't Have Ended

My name is A-Ming, a serial entrepreneur—or rather, a serial failure. Three years ago, my first cross-border e-commerce project failed due to supply chain issues, leading to massive shipping delays, a flood of customer complaints, and chargebacks. Ultimately, my payment account was shut down, and my name and ID were placed on the payment industry's "blacklist" (the MATCH list).

This meant I was sentenced to "death" by the entire traditional payment system.

For the past three years, I reflected on my mistakes and found a more reliable niche market: designing and selling assistive living tools for people with disabilities overseas. It was a meaningful project. I had good products and real customer demand. But when I tried to apply for a payment gateway again, without exception, I was instantly rejected at the KYB (Know Your Business) stage. The moment the system scanned my ID information, it saw my disgraceful "history," and the door slammed shut.

I felt like an ex-convict forced to wear an electronic ankle bracelet forever. One past failure had stripped me of the right to start over. My new project was over before it even began.

Just as I was about to give up completely and find a regular job, a friend—also a blacklisted entrepreneur—showed me a path "outside the law." He told me that in the decentralized world, there are no blacklists; the blockchain doesn't ask about your past.

He recommended BlockATM, emphasizing, "Its biggest advantage is 'No KYC.' It doesn't know you, doesn't care who you are. It only recognizes your wallet address."

It sounded too good to be true, but I had no other options. I opened BlockATM, and the process was so simple it brought tears to my eyes—no identity verification, no background checks, no waiting. Using only a newly created wallet address, I had a payment function configured for my website in under 10 minutes.

When the first customer from Canada used USDT to purchase a set of assistive cutlery for his father with muscular dystrophy, I looked at the stable income in my wallet with mixed emotions. I finally had a chance to prove myself again.

To me, "No KYC" isn't about evading regulation; it represents a "second chance." It allows someone who has fallen to bypass systemic prejudice and get a fresh start on a new, clean racetrack.

#NoKYC #SecondChance #StartupFailure #PaymentBlacklist #BlockATM