Replying to Lucky Kite

Thanks for the explanation. Seems its essentiually the same as changing crypo for fiat on an exchange (but more like a lightning channel for it). Ie a bit more convenient, delayed cash out. As you say anything that requires a similar level of trust as centralized exchange is unappealing. Might as well just use paypal.
d4
Luxferre 1y ago

Still, your address isn't tied to your name (and it won't if you do everything right) and if your balance doesn't exceed six figures (which it shouldn't if you do everything right) then you're much less likely to be noticed by Tether than by your local bank/govt in case of paypal.

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Lucky Kite 1y ago

But what can you actually BUY with stable coins (or any crypto) apart from a vpn subscription?

d4
Luxferre 1y ago

Servers, domains (although that's more rare), virtual numbers (even esims), refills or vouchers for many existing services, and, in some countries, there even are proxy stores that allow you to buy anything physical from ebay/amazon without disclosing your payment data to them.