As long as Governments are allowed to control business we will have these kind of scenarios. The problem is people wanting to convert crypto to their local currency which as we all know is bank owned and Government controlled. I have never been able to jump through all the hoops necessary to
open a trading account linked to my bank. They need everything short of a blood sample to prove who you are, making them a part of the system we are tryng to avoid in the first place.
Even my favorite buyer/seller here in Panama was shut down by Moneygram & western union refusing to do any business with him and had several bank accounts closed on him too! The power of Big Brother hu?
So it nice to see other options coming into play, decentralized exchanges and cypto debit cards. We'll get there little by little :-)
Cheers
You are viewing a single comment's thread from: