U.S. Senate Vote in Favor of Amendment That Threatens Crypto Industry

Post by meepmorp » Tue, Aug 10, 2021, 7:33 PM UTC

darksaints wrote: post #37

meepmorp wrote: post #3

Earlier quoted context omitted.

No, and I hate that people shorten cryptocurrency to crypto.

Do you also hate that cryptography is shortened to crypto?

Post by krasi0 » Thu, Aug 12, 2021, 5:55 AM UTC

cinquemb wrote: post #169

ryan_lane wrote: post #167

Earlier quoted context omitted.

Have you actually tried this? I'm living abroad and I can tell you it's nearly impossible to be bankless, if you want to continue living in that place and have the government be OK with it. At some point you need a long-term visa, which means you need a job, and that job will require you to have a (local) bank account. Need to pay bills? You can't pay in cryptocurrency, and they expect local currency. Some may accept…

I've been living abroad for almost six years, I've been working remotely, and for the visa I've needed for where I've wanted to be I do not need a local bank account (I can renew every year or every two years which is the most they allow for foreigners anyways). I don't use credit cards and never had. When I need fiat, I swap with "friends" locally who want crypto or who do have accounts (they "shill" crypto brokerag…