Your "off-ramps" for bitcoin in the USA will only be allowed thru the likes of Fidelity and Charles Schwab.
Discussion
What about P2P exchange?
If you want to meet in person to exchange a scarce asset with unlimited upside for dirty fiat, and don't think that's at all sketchy or has zero risk, sure...
there will always be risk exiting bitcoin.
Bitcoin is the exit.
Not meeting in person Iām talking about using platforms like hodl hodl or bisq
What's the counter-party risk on those platforms?
Iām not aware of any.
can bank transfers be reversed? Yes
can PayPal payment be reversed? Yes
nearly all fiat payment rails can be clawed back.
not sold on these services.... yet. š
I believe that! š
People in the US can still move coins to wallets from an exchange. People can still move coins from wallet to wallet. Also, technology will always move faster than governments. So, using location technology can make someone appear not in the US, circumventing jurisdiction.
This is a vague statement, and agreed that on ramp and off ramps will be attempted to be made more difficult by government, but at the moment it is actually quite simple.
It's a war for control of the money, it won't be relinquished easily.