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So the people I have to go through to convert my crypto to real money aren't middlemen?
by s73v3r_ 9y ago
So the people I have to go through to convert my crypto to real money aren't middlemen?
- hyprCoin 9y agoI plan on only accepting crypto for consulting this year, it filters out clients and I have limited time. At some point I will exchange to USD to pay whatever I owe in taxes and to pay any vendor that does not take crypto. I imagine if I were an unscrupulous actor I would skip the tax step and avoid vendors that don't accept crypto.
- s73v3r_ 9y agoGood for you. I have rent to pay, so I need to be paid in USD. That brings us back to my original question: Are the people I have to go through to exchange crypto to USD not middlemen?
- hyprCoin 9y agoThat was an example of how to avoid conversion to 'real money' through spending and accepting only crypto.