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A comment on Coinbase Freezes USD Purchases. Parent comment

Re:Coinbase Freezes USD Purchases by newsbinator on Friday January 29, 2021 @12:45PM (#25960084)
It's simple. Just find somebody on LocalBitcoins, find a dark alley, put on your N95 mask, and bring $5,000 in cash with you to said alley. Hopefully they'll neither rob, nor rape, nor murder you, and won't follow you home to determine where you live.

But if they do, you can rest assured that's simply KYC.

It's the on-ramp the fat cats don't want you to know.

[ Parent | on HN ]
Re:Coinbase Freezes USD Purchases by Red_Leaves_Flyy on Friday January 29, 2021 @02:42PM (#25961444)
Take 10% of that 5k, get a gun, and hire a friend to handle the transaction while you're on security.
[ Parent | on HN ]
Re:Coinbase Freezes USD Purchases by newsbinator on Friday January 29, 2021 @03:05PM (#25961697)
The benefit of being your own bank is you are also your own police force and your own insurance company.
[ Parent | on HN ]