I use Cash App to buy bitcoin and had no problem moving my BTC into cold storage until the other day when I got refused because they have limited my withdrawals to $2k per day or 5K per week. WTF @npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m ? Is this my money or not?
Discussion
It’s been like that the 5 years I’ve been there and I’ve been buying a shot ton
Complete bullshit. Personally, I'm willing to pay the extra premium to get my coins from ATMs and P2P trades. This is what is so empowering about bitcoin. Once you experience the freedom, banks and exchanges seem like a joke. It's like we're all being treated like helpless children. Most of the world is still asleep. God damn bitcoin is a breath of fresh air.
I have used BATM's and P2P services like Local Bitcoins (RIP) in the past but neither are good for large purchases so KYC and then coinjoin into cold storage is the only way. Throttling buys and sells does seem counter productive to freedom.
Apparently @jack can shitpost and hug but not address real questions about his own business.
Ya, I hear you on the large purchases. Been thinking about how to address that in a non-KYC way once my locked-in RRSP is available. Bitcoin Well ATMs in Canada are great; you can buy up to $995 at a time without providing any information at all. You can do that repeatedly with a new address each time.