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Which is not a third-party *required* to do this kind of transactions. It is just a convenient way to convert the crypto to fiat that these processor handle fo
by throw101010 4y ago
Which is not a third-party *required* to do this kind of transactions.
It is just a convenient way to convert the crypto to fiat that these processor handle for their customers. There are ways to handle this step without a third party (P2P exchanges are one).
Less convenient for sure, but ultimately if you care about your economical freedom you will adopt them... or you will live in a walled garden, at least as long as your activity fits the current agenda/policies of these intermediaries (and your government). As soon as you don't, you get kicked out/cut from the system, even if your activity is not illegal.