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RE: LeoThread 2024-11-05 12:55

in LeoFinance11 hours ago

You have zero financial privacy by using the banking system.

The average person doesn't understand the full implications of transacting using fiat and banks.

I debanked 8 years ago. Ask me how if you want to do the same.

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What challenges did you face when transitioning away from traditional banking, and how did you overcome them?

The first challenge was paying bills that require ACH bank transfers. I had to find workarounds like paying a friend to pay bills on my behalf, but now there are a few bill pay services.

The hardest definitely would be credit, i.e. when you need loans and such. I don't do any of that, but if I needed to, that would be complicated.

What alternative methods or tools do you recommend for maintaining financial independence outside of the banking system?

-Self-custody of a crypto that's widely accepted and just works when you need it
-Get a long list of services, like gift card providers, that work, in case one goes away
-Get several bill pay solutions
-Find a community of people who like crypto, who will be willing to trade p2p

How? :D

I have a long article coming up soon, but this is a super short list:

https://inleo.io/threads/view/thedessertlinux/re-anderssinho-3b7v1lwuk

Yes, we have our visition, but definitely yes!!! Tell me more 🤓

Relevant:

Amazing words! Clear and objective, it's our choice what we want to do after you understand this.

Thanks for sharing