In some countries banks are already cracking down on accounts connected to crypto exchanges. But according to John McAfee distributed exchanges are being developed as we speak and are only few months away . GOOD NEWS
The existing AML (Anti-Money Laundry) and Terrorism Fighting laws in place make it difficult to remain anonymous, the whole idea about Cryptos, and at the same time exchange your digital currencies with fiat cash, even though you're the most honest patriotic person on the planet, once you do it, you'll be under their radar and that's not good.
Unless there's a system that enables more payments for goods and services bought online swapping the cryptos into fiat at once in real time without the need to convert to cash, we will continue to face this issue with deposits through traders.
It took me while to find a way here in Thailand, but ok now...for now...
In Serbia? - I think that comes under Europe - from my research when looking at options for Thailand - you have some different avenues (I think) from what I remember...
b
(cough-cough)
OpenLedger
what options they offer for crypto to fiat ?
The question on my mind!
dunno..but I understand that they do.
I have an account but I don't use it very much
that might change.
ok thanks , having huge problem with cashing out here
The existing AML (Anti-Money Laundry) and Terrorism Fighting laws in place make it difficult to remain anonymous, the whole idea about Cryptos, and at the same time exchange your digital currencies with fiat cash, even though you're the most honest patriotic person on the planet, once you do it, you'll be under their radar and that's not good.
Unless there's a system that enables more payments for goods and services bought online swapping the cryptos into fiat at once in real time without the need to convert to cash, we will continue to face this issue with deposits through traders.
It took me while to find a way here in Thailand, but ok now...for now...
In Serbia? - I think that comes under Europe - from my research when looking at options for Thailand - you have some different avenues (I think) from what I remember...
I am still searching , nothing seems to work so far
wave crest was thing I was thinking of.... shit
do you have paypal?
https://news.bitcoin.com/visa-veto-leaves-several-european-cryptocurrency-cards-locked-out/
yes I do
gift cards come to mind.
You got a 39.96% upvote from @allaz courtesy of @smidge-tv!