You are viewing a single comment's thread from:

RE: Comment of The Day #22 --- and CotD 19 Report with proof of payout

in #comment7 years ago

I would like to nominate this comment by @thejohalfiles

I left the banks long ago here. 100% of my wealth is in Crypto and Bullion. Best thing to do is use LocalBitcoin and develop a relationship with a reputable individual/individuals in locations you travel to. Build up your reputation on there...I ran into someone from Kentucky. Operates a large Bitcoin mining operation - multi million dollar set up. - he was able to deal with cash transactions up to 1,000,000 USD. - No longer advertising on LocalBitcoins of course. - My point is that it is good to use the service, you never know who you will run in to and what connections you will make. Cut out middlemen whenever possible and the need for trust in things like Coinbase. Only use traditional bank accounts/Coinbase if you really need them. If they continue to make it harder things like LocalBitcoin will just get even more popular and create more jobs. I know a few people who just sell Bitcoin on LocalBitcoin for a living and don't even trade or anything. It would be cool to see a "localcrypto" site pop up - something that facilitates all cryptos. - STEEM would be great.

Coin Marketplace

STEEM 0.21
TRX 0.13
JST 0.030
BTC 67096.35
ETH 3509.27
USDT 1.00
SBD 3.22