...depends on which side you are sitting, from the side of the bank you don´t need it, they like it more electronicaly by bits and bytes so zero and one there is no need for cash, you can´t block it ;)
From the clients side there might be the need for it,but you also can use any other method of exchange for goods or services, like a non state issued crypto like BTC
RE: I will cover the meetings in Warsaw another day.
You are viewing a single comment's thread from:
I will cover the meetings in Warsaw another day.
Not if the other person won't accept it.
yes that´s clear both parties had to accept it, but you have that also with cash there are peeps who not accept it (while knowing where it comes from) ;)
Don't they have a defi that lets you pay with bitcoin with a card?
yes but it´s in germany and in Spain pseudo cards so you have an exchange of the coins to fiat and therefor a tax issue every time you do that.
The only usecase what avoid that is with the US card from Nexo, they handle these transactions as a kind of a loan against your coins so you don´t lose them (if you pay back later on) and don´t have to pay tax for the sale of the coins.
Defi which not take these special concerns into account isn´t the solution because you lose money for the taxing.
There are bandits in all corners don´t matter if they are Bankers, Lawmakers or Governments 😉