>bank refuses deposit and shuts down his account Use Silvergate or Nuri If your bank sucks you can always pick another one And if you don’t want to pay taxes just sell them P2P (and you also get an extra premium)
Liam Gomez
>completes kyc and hopes goybase will let him cash out to a "real" bank >bank refuses deposit and shuts down his account these are not the fault of "crypto" but are the effects of idiotic regulations. always laugh when people say crypto isn't regulated, when the volatility and instability of prices is facilitated by forced regs that overly privilege centralized exchanges
Ayden Ross
it's ok you can use these totally not shady company to handle your life savings!! >company disappears overnight
not your keys, not your crypto! >except when you want to cash out, >because you cant buy groceries or pay your bills with link!
the bitcoin standard will free us from corrupt banking and bring financial equality!! >The top 10% of miners control 90% and just 0.1% (about 50 miners) control close to 50% of mining capacity
Withdrew 40k euro to my east euro bank last year. Got closed down.
John Campbell
>7 digits fine for a company valued at 11 digits >you cant buy groceries or pay your bills with link! you literally can, any shitty crypto debit card will allow you to withdraw at least 1k cash per month and make several k worth of transactions without asking anything, it is more than enough to pay for your rent, bills, groceries and daily expenses
Dylan Thompson
what bank?
Jason Davis
Imagine not having a CRO card for paying fiat expenses.
Parker Rodriguez
>except when you want to cash out >wanting to cash out >ever cash = trash
Charles Baker
you remind me of the mod of r/economics, extreme onions