🐦 Crypto millionaires versus banks
$BTC 🔵 Making x100 in crypto turned out to be easier than depositing money in a bank. Especially if you live in the West—there, it turns into hell.
🔵 Banks are blocking customers en masse when they hear the word "crypto." They demand documents even from ghost exchanges (Mt.Gox, BTC-e), and often do not recognize income from staking or rewards for providing liquidity as real income at all.
🔵 Checks take weeks or even months, and in the end, it's still a rejection.
🔵 The popular advice to "buy a house directly with Bitcoin" is of little help. In the real world, you can't get anywhere without fiat currency — try to register a house or mortgage without cash withdrawals. There are exceptions, but these are usually countries that are 6–8 hours away by plane.
🔵 One practical solution is to open an account in a country with more lenient regulations. This can be done online, including completing KYC procedures, after which you can easily withdraw funds and pay for your home, car, and bills. However, it is important to remember that this does not exempt you from taxes—to do so, you need to change your address of residence.
🔵 So earning money is only half the battle. The other half is how to keep it and withdraw it so that the bank doesn't close your account.
❓ Have you encountered problems with banks because of cryptocurrency?
😂 No sub? Then your coin stays a sh*tcoin forever 💩👉📉
#BSccreator