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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
by 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 agoNot 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 agoThanks, 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.