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1 sat \ 1 reply \ @TSW OP 18 Sep 2023 \ parent \ on: Bank freezes my account for four months over bitcoin P2P trade bitcoin
Any lessons learned from that?
Plenty. Everything is kinda known, but I talked with him specifically from the standpoint of threat modeling so it turned out to be quite a systemic overview. Hard to tell in one sentence. Practically for Bitcoin traders in the so-called Western world official license is useless, it turns into self-reporting and eventual additional problems, exchanges aren't partners but almost adversarial actors, buyers as well may be scammers or scammer-driven muppets (like very old person with dementia who buys btc for nigerian persona) quite frequently.
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