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I disagree with your last paragraph. Crypto is basically it's own banking system and while you can't build your own internet you'll always be able to run your o

I disagree with your last paragraph. Crypto is basically it's own banking system and while you can't build your own internet you'll always be able to run your own (often encrypted) protocol on top of it (IPSF etc) the existing one. It's more about the web than the internet really. The web can be unfree quite easily. Unless we go full China and implement a Great Firewall other protocols can always exist on the net.

Consultant32452 6y ago
Crypto exists only because the central banks allow them to.
- kristofferR 6y ago
  I don't see how so. If people were banned from buying crypto by banks it would just instead go through middlemen.
pcr0 6y ago
Crypto is its own banking system but going from fiat to crypto falls within the current banking system, unless you're willing to buy crypto with bundles of cash and risk getting mugged.
- Acrobatic_Road 6y ago
  Not true. We can hijack the banking system using Bisq. https://bisq.network/ https://bisq.network/ Suppored payment methods: Advanced Cash AliPay Cash Deposit Chase QuickPay Face to face (in-person) Faster Payments HalCash Interac e-Transfer Japan Zengin Furikomi MoneyBeam (N26) MoneyGram National bank transfer Perfect Money Popmoney PromptPay Revolut SEPA SEPA Instant Swish Transfer with same bank Transfer with specific banks Uphold US Postal Money Order WeChat Pay Western Union Zelle And no, I don't think they asked permission. It's so funny. Whenever people say you can't do X with crypto, there is always something they don't know about that proves them wrong.
  - deleted 6y ago
    [deleted]
  - pcr0 6y ago
    Thanks, I haven't heard of this.
- joshstrange 6y ago
  > unless you're willing to buy crypto with bundles of cash and risk getting mugged I'm trying not to fall into a "Survivorship bias" here but I made 10s if not 100s of trades on LocalBitcoin years ago without issue. I wasn't meeting at people's houses or in some dark alley, I was in the Kroger (grocery store) parking lot or even inside Kroger or the Mall. I don't disagree with your point that fiat->crypto is not as easy as some people pretend it is but I just wanted to push back a little bit on the second part of your statement.

Consultant32452 6y ago

Crypto exists only because the central banks allow them to.

kristofferR 6y ago
I don't see how so. If people were banned from buying crypto by banks it would just instead go through middlemen.

pcr0 6y ago

Crypto is its own banking system but going from fiat to crypto falls within the current banking system, unless you're willing to buy crypto with bundles of cash and risk getting mugged.

Acrobatic_Road 6y ago
Not true. We can hijack the banking system using Bisq. https://bisq.network/ https://bisq.network/ Suppored payment methods: Advanced Cash AliPay Cash Deposit Chase QuickPay Face to face (in-person) Faster Payments HalCash Interac e-Transfer Japan Zengin Furikomi MoneyBeam (N26) MoneyGram National bank transfer Perfect Money Popmoney PromptPay Revolut SEPA SEPA Instant Swish Transfer with same bank Transfer with specific banks Uphold US Postal Money Order WeChat Pay Western Union Zelle And no, I don't think they asked permission. It's so funny. Whenever people say you can't do X with crypto, there is always something they don't know about that proves them wrong.
- deleted 6y ago
  [deleted]
- pcr0 6y ago
  Thanks, I haven't heard of this.
joshstrange 6y ago
> unless you're willing to buy crypto with bundles of cash and risk getting mugged I'm trying not to fall into a "Survivorship bias" here but I made 10s if not 100s of trades on LocalBitcoin years ago without issue. I wasn't meeting at people's houses or in some dark alley, I was in the Kroger (grocery store) parking lot or even inside Kroger or the Mall. I don't disagree with your point that fiat->crypto is not as easy as some people pretend it is but I just wanted to push back a little bit on the second part of your statement.