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1. cjd (cjd@pkteerium.xyz)'s status on Thursday, 22-Feb-2024 20:13:47 JST cjd
   ......without saying you're bankrupt
   • LS (lain@lain.com)'s status on Thursday, 22-Feb-2024 20:13:46 JST LS

     in reply to
     @cjd crypto is much easier to ease than fiat and tradfi as soon as you have to anything more complicated than “pay a small amount with a credit card”. Embarrassing that the ECB would post something like that, but I guess that’s their job.
   • Râu Cao ⚡ (raucao@kosmos.social)'s status on Thursday, 22-Feb-2024 20:55:02 JST Râu Cao ⚡

     in reply to

     • LS

     @lain @cjd LOLOLOL. Have they even tried sending an international bank transfer? Most inter-currency-zone transfers take multiple days and cost many multiples of a BTC tx.

     This is pure pandering to people in currency-zone bubbles, i.e. precisely not the ones who need *global* currency.

     LS likes this.
   • Râu Cao ⚡ (raucao@kosmos.social)'s status on Thursday, 22-Feb-2024 20:56:04 JST Râu Cao ⚡

     in reply to

     • LS

     @lain @cjd Not even speaking of having your transfers blocked or even returned (minus all fees and conversation losses), because of the ineffective hell of KYC/AML regulations, and banks rather not doing their job than being fined for doing it.

     LS likes this.
   • cjd (cjd@pkteerium.xyz)'s status on Thursday, 22-Feb-2024 22:25:13 JST cjd

     in reply to

     • LS
     • Râu Cao ⚡
     You don't think they're going to go to all the effort to cheat and steal, and then NOT lie as much as possible, do you ?
     LS likes this.
   • Râu Cao ⚡ (raucao@kosmos.social)'s status on Thursday, 22-Feb-2024 22:25:15 JST Râu Cao ⚡

     in reply to

     • LS

     @lain @cjd Just as an example, with bitcoin, I could send 100K USD within 20 minutes from any place on Earth to any other place on Earth for less than 1 USD in fees right this minute. With nobody being able to stop it, and zero counterparty risk.

     What a failure that is!

     LS likes this.
   • NonPlayableClown (nonplayableclown@postnstuffds.lol)'s status on Thursday, 22-Feb-2024 22:26:11 JST NonPlayableClown

     in reply to

     • LS
     It's kinda pathetic when articles state that either bitcoin you can launder money or there's fraud and yet there's no evidence of it at all.
     
     Also suppose you do send money to a criminal, well crypto is an absolute awful way of doing it because anyone can validate the transactions of that coin especially if they have possession.
     
     This all just a dumb attempt for banks and government to control income.
     LS likes this.