20 sats \ 6 replies \ @DarthCoin 10 Nov 2023 \ on: A blacklist of banks that block movements to or from Bitcoin related services bitcoin
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Do you think I say that just like that? No, it's a lot of work and time.
Do you think it's easy? No, not at all.
I was preparing myself for years, for this moment when I can say I do not depend on any bank.
Is hard work and you have to make a lot changes in your life.
Adoption will never come if people will just sit and cry that "How else can I receive my paycheck if my employer cannot pay me in BTC?" or "the merchants where I live do not accept BTC".
Don't just cry, BE THE CHANGE.
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I will take a look
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This. And another scenario. You have some fiat business, company, having some profits there. You might want to convert some of it to Bitcoin and put Bitcoin on balance sheet of the company. You will need to buy that Bitcoin from company bank account. Alternative would be to pay out dividends to yourself as an owner and then you can do P2P cash trade and buy Bitcoin that way, but that will involve forced paying of income tax to the government, so it's not in your interests.