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You can, using stablecoins like USDC. These also involve counterparty risk, but they are extremely simple to audit and regulate.
by woah 4y ago
You can, using stablecoins like USDC. These also involve counterparty risk, but they are extremely simple to audit and regulate.
- ceejayoz 4y ago> they are extremely simple to audit Tether's audit has been promised since 2016. Still hasn't happened yet.
- tootie 4y agoStablecoins are cryptofiat. There's no compelling reason to use a stablecoin over using USD.
- mrep 4y agoBut transferring to stablecoins means you don't have a taxable event and thus don't have to pay cap gains /s