RE: Crypto net worth update

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Crypto net worth update

in crypto •  9 months ago 

I'm pretty sure you'll be able to open a Wise account (a US based, virtual bank account).

You can do a lot with that.
(last time I checked - a couple of years ago at least - they were able to trade in and out/convert crypto into $'s).

A bird in the hand is worth two in the bush... As asset in the tangible world is worth more than 200,000 conceptual tokens with zero utility and is fully dependent on hopium just to create a pretense of a market....(Imo)...

Old chinese proverb -
'He who can read writing on wall before the others, and act - a bag holder, he won't be.. '
...ok, ok , full disclosure - it might not be Chinese...


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  ·  9 months ago  ·  

I'll look into Wise, thanks. I've looked into (and tried out) dozens of possible options over the years, and they all sound good until you actually do them. Most require a lot more than they advertise up front, for example. Or after a few months they send you a form to fill out for govt oversight and taxation. Or things go well for a while but then they suddenly close up and disappear. There are a lot of people like me, who either can't or won't use banks, smart devices, or govt IDs. We're all looking for a way to get involved. If Wise has solved that, great, but I'm wondering why I haven't heard waves within the unbanked world.
Agree with your other sentiments.
I think that proverb was originally either Chinese, French, or from those uncontacted tribes in the deep jungle.

  ·  9 months ago  ·  

I've never had any issue with wise (several years, and no contact except for email updates).



Posted from https://blurtlatam.intinte.org