You are viewing a single comment's thread from:

RE: LeoThread 2025-02-25 14:21

in LeoFinance11 hours ago

This usually needs some centralization due to the need of connecting to the credit card services, etc.

But maybe with a P2P function where Person A puts a fiat order to pay to Person B in crypto, and it's fulfilled by a person C who takes the order, receives person A Fiat and fulfill it liberating the crypto to Person B

Sort:  

That would totally work....if the credit cards and paypal didn't shut it down, which I believe they would in most countries. It might work in some countries where the government isn't as on top of these things.

But who knows what will change this year! I sincerely hope for this because I want to earn and spend HBD outside of Hive and I don't imagine other shops will join distriator in Tokyo anytime soon. @tentententen will be the first!

Yeah, in mine Binance works fine so it would be possible here since it's a similar system.

Here they tried to ban it once, buuuut the economy is still alive because of all the people bringing money from the outside so banning things like Binance or Zelle is a bad move

Yeah US is strict enough but Japan is way stricter. No bitcoin ATMs, no binance. Only 3 or 4 local exchanges I believe. I can't even get on my coinbase with a regular VPN so I'm completely cut off unless I open an account at a Japanese exchange which I'm not even sure will allow you to send to wallets outside of their system.... as centralized as crypto could be