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Bitcoin fixes this.

• bitreality 4y ago
  Does it? Bitcoin just says anyone can transact. But that doesn't really solve the problem. The problem is that legal businesses should be able to transact. Illegal businesses should not. Bitcoin just removes all the limitations. But that creates new problems, quite frankly. Plus, it's very difficult for businesses to utilize Bitcoin. Fiat onboards have similar limitations to Visa/MC. Many legitimate business models will be denied accounts at reputable exchanges.
  • herbst 4y ago
    For me it solves the problem. I provide advertisment for a visa forbidden area. In Switzerland I can exchange directly to SWIFT up to $1000/day and whatever it is per year without even KYC. Crypto is the only common factor for payment I get these days. Every region/niche has their own weird alternatives with their own weird limits (Payeer, perfect money, ...) Point is nobody can deny anything as I am 'processing payments myself'
• Mindwipe 4y ago
  Not unless Bitcoin makes transactions work better, faster and more scalable than they currently do.