- Joined
- Jun 22, 2011
- Messages
- 2,431
- Points
- 83
Yeah, the countries that tend to restrict this kind of thing are usually those that need them badly
With USD at least you can choose between many exchanges. We have fewer options, all of them (at least the ones I know) include at least one of the following:
-Giving out your real life information to the exchange (which will be forwarded to banking authorities), which means they can pretty much track your money on the blockchain "forever".
-Trusting some random guy online and paying him directly for the bitcoins, usually at a much higher price.
-Converting your money to USD and then using USD->BTC exchanges. With this you'd have to pay goddamn PP fees, credit card fees and taxes.
I'm sure wide use of bitcoin would solve these problems eventually.
You're too kind Happy holidays for you and your family as well!
With USD at least you can choose between many exchanges. We have fewer options, all of them (at least the ones I know) include at least one of the following:
-Giving out your real life information to the exchange (which will be forwarded to banking authorities), which means they can pretty much track your money on the blockchain "forever".
-Trusting some random guy online and paying him directly for the bitcoins, usually at a much higher price.
-Converting your money to USD and then using USD->BTC exchanges. With this you'd have to pay goddamn PP fees, credit card fees and taxes.
I'm sure wide use of bitcoin would solve these problems eventually.
You're too kind Happy holidays for you and your family as well!