Replying to Avatar Hurvajs Rumcajs

Capital controls, how cute.

You could take out some cash too and buy bitcoin with that, but I guess there is a limit too.

You could buy from someone via wire (bisq etc), but yep this someone could be already flagged and your "suspicious behaviour" could trigger an investigation by the banks.

Yep, the doors are closing.
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StackSats.IO 1y ago

Bisq simply doesn’t have the available volume today to replace exchanges.

But with these on-ramps closing up in Aus & UK and other places, P2P is going to take off again in the coming few years.

Forget about borrowing against your Bitcoin to live, smart Bitcoiners will work out how to trade P2P in volume and live off the Premium.

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Hurvajs Rumcajs 1y ago

Bisq never had anywhere close to useful liquidity. It's just a small hole in the wall you can take advantage of. Probably best used to slowly DCA.

The problem with becomming a very active whale P2P trader is you'll end up in jail soon for illegal money laundering. At least where I live (🤬EU).

The unplugged (unpluggable) hole I see rn is when you pay someone for work, services or goods.

Also you could buy miners (and solar panels maybe).