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Indeed one of the biggest reasons I like cryptocurrencies is that I've been burned many times by paypal, payoneer, bank accounts, etc. Just the other day when
by redox99 4y ago
Indeed one of the biggest reasons I like cryptocurrencies is that I've been burned many times by paypal, payoneer, bank accounts, etc.
Just the other day when I tried to withdraw from a certain payment processor, which I've done 100s of times and is always instant, but it took 3 days because they were "validating it" (which makes no sense, it's a withdrawal to my own bank account), and I needed that money at that very moment, not 3 days later.
The only forms of money that I know for a certainty I can move at a moments notice are cash and crypto. Anything else I don't really own it.
- malikNF 4y agoI grew up in a 3rd world country, when I started working remote for a company abroad I used to get paid in USD, every-time I go to the bank to take my own hard earned money, I had to give the bank so many details and had to wait multiple days before I can withdraw my own money. The easiest way to withdraw my money was to ask the bank to convert my USD in to my local currency, and if I do that I lose close to 6% of my salary. If I wanted to withdraw my money as USD, the only time I was allowed to do it is if I provided the bank with a valid flight ticket to prove I was going out of the country, and even then, I could only withdraw less than 40% of my monthly salary this way. (the % changes everytime the central bank wanted) Every time I see people hating on crypto all I see is someone who either bet the farm on a get rich quick scheme or someone who comes from a very privileged background who haven't had a part of pey-check stolen by banks.