How is bitcoin any closer to freedom than usd if wallets give you the same limits as banks. CashApp has a $2000 limit send per day.
My bank card is $2500
Discussion
Because it’s custodial non custodial wallets have no limits. Not your keys not your cheese
I use hot wallet for purchases and cold for storage. Need non restraining hot wallet
You can spend any amount from a wallet you self custody.
They have to comply with the government so what you do is everyday. You send 2k to your non custodial wallet And you never send back to the exchange you buy gift card From your non custodial wallet.
But CashApp. Jacks CashApp. Has tighter restrictions than banks. Or even Coinbase
Yeah because the government knows that Jack knows the truth about bitcoin. That's why cash app only offers bitcoin so the other exchanges offers s*** coins so they have a little bit more leeway.
What’s the truth about bitcoin?
That you can't cheat you can't make more? You can divide you my bitcoin every other call and you can devalue except for bitcoin bitcoin is the only one can duplicate it. It's uncompassable it scares.
What if the banks and wealthy ppl end up with most of the bitcoin?
This question gets asked a whole you are and I'm not even a whole coiner and that doesn't phase me. It really doesn't because they are not already the exchanges hold most of the coins. That's why we. Say get the bitcoin off exchanges and by everyday because someone right now is buying more bitcoin than you did right but at the end of the day. It doesn't matter because when their stack goes up. Your stack goes up and when there's that goes down your stack goes down as well. And my periods are all in the wrong places because I'm talking to the phone I'm being lazy.🤣🤣🤣🤣
Your writing is almost impossible to understand tbh.
This question gets asked a lot it doesn't phase me because a lmost all the coins are on exchangs thats why we say get the coin off exchanges and thats why i buy everyday because someone else bought more corn than me today but when there stack goes up mine does too and vice-versa so just buy everyday and self custody your stack will bless you in ways you never imagined you will forget about the millionaires and billionaires and live an awsome life with your stack 😉
northing to do with bitcoin fundamentally
everything to do with offered third-party services
That’s my point. Until there is an east to use unrestricted wallet then bitcoin is restricted. Can a wallet be built on Nostr?
cashapp is a payment service + exchange + custodial wallet in one
a hot wallet can be integrated in nostr clients, but it's still a lightning wallet running on Bitcoin and the issue you have is not related to that.
*if you want unrestricted buying -> use **decentralized** p2p exchanges like Bisq or Robosats
*if you want unrestricted spending -> use any hot wallet not tied to a KYC exchange - find on/off-ramps (e.g. azteco giftcards) if the shop isnt accepting bitcoin yet
Cashapp?
Is it available in the Philippines?
I think custodial wallets limiting just shows you they dont have all the funds they need to cover your deposits, limiting your withdrawl is stopping a bank run on the custodian. When a bank wants to do it they just shut the door and turn off ATM
CashApp ≠ Bitcoin
Bitcoin wallets don't have limits, you're confused