Crypto is its own banking system but going from fiat to crypto falls within the current banking system, unless you're willing to buy crypto with bundles of cash and risk getting mugged.
Re:Amazon, Apple and Google Cut Off Parler
by Acrobatic_Road on Sunday January 10, 2021 @04:35AM
(#25712826)
Not true. We can hijack the banking system using Bisq.
Suppored payment methods:
Advanced Cash
AliPay
Cash Deposit
Chase QuickPay
Face to face (in-person)
Faster Payments
HalCash
Interac e-Transfer
Japan Zengin Furikomi
MoneyBeam (N26)
MoneyGram
National bank transfer
Perfect Money
Popmoney
PromptPay
Revolut
SEPA
SEPA Instant
Swish
Transfer with same bank
Transfer with specific banks
Uphold
US Postal Money Order
WeChat Pay
Western Union
Zelle
And no, I don't think they asked permission.It's so funny. Whenever people say you can't do X with crypto, there is always something they don't know about that proves them wrong.
Thanks, I haven't heard of this.
Re:Amazon, Apple and Google Cut Off Parler
by joshstrange on Sunday January 10, 2021 @12:40PM
(#25717126)
> unless you're willing to buy crypto with bundles of cash and risk getting mugged
I'm trying not to fall into a "Survivorship bias" here but I made 10s if not 100s of trades on LocalBitcoin years ago without issue. I wasn't meeting at people's houses or in some dark alley, I was in the Kroger (grocery store) parking lot or even inside Kroger or the Mall. I don't disagree with your point that fiat->crypto is not as easy as some people pretend it is but I just wanted to push back a little bit on the second part of your statement.
Re:Amazon, Apple and Google Cut Off Parler
by Consultant32452 on Sunday January 10, 2021 @02:02AM
(#25711714)
Crypto exists only because the central banks allow them to.
Re:Amazon, Apple and Google Cut Off Parler
by kristofferR on Sunday January 10, 2021 @02:13AM
(#25711801)
I don't see how so. If people were banned from buying crypto by banks it would just instead go through middlemen.
It's more about the web than the internet really. The web can be unfree quite easily. Unless we go full China and implement a Great Firewall other protocols can always exist on the net.