P2P to Bank for small amounts is okey, but if you add a lot of money to the Bank doing that, the IRS or goverment will impose big sanctions on you
So you are basically trap with a ton of Bitcoin without KYC that you cant spend (Unless businesses around the world start accepting payments in Bitcoin)
if you want to be part of this monetary revolution, be ready to do shit you don't want to do. be ready for the uncomfortable, or the illegal, or the conflict. no one will be able to make this easier for you
Im ready, that is why Im asking, P2P to bank is not an option (if you are serious, if you add 500 USD to the bank no one will sanction you, but if you add 100.000 USD you are fucked)
So any other idea on how to spend Bitcoin withouth KYC like cash?
it feels like you're just asking questions in circles. find people to transact with. convert btc to fiat as needed and buy food and pay bills as you go. if you can't figure this stuff out on your own, the banks aren't your biggest problem.
Rude
Nah it's a good question. How would a black market real estate market work, in a country like the US? P2P swap $1m for BTC? Drop the BTC into the banking black hole? Direct sale, that the feds somehow can't detect? A full sovereign border for your plot?
These all seem kind of ridiculous in 2050.. except the bank black hole 😔.
