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A comment on Coinbase S-1. Parent comment

Re:Coinbase S-1 by RestlessMind on Thursday February 25, 2021 @01:35PM (#26266338)
And how do you move your money to/from a DEX? It still needs a regulated exchange like Coinbase to interface with Fiat money, no?
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Re:Coinbase S-1 by thinkmassive on Thursday February 25, 2021 @04:01PM (#26268281)
You can sell goods and services locally and accept Bitcoin as payment. Craigslist even added a “cryptocurrency ok” flag you can set on your posts.

LocalBitcoins enables face to face transfers.

Bisq is a DEX that enables remote exchanges using any form of payment, including most centralized payment services, and even cash through snail mail.

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Re:Coinbase S-1 by RestlessMind on Tuesday March 02, 2021 @03:59PM (#26320632)
But then, the seller has to pay taxes - either business taxes if it is a merchant or capital gains taxes in case they sold an asset. And taxes are paid only in Fiat. So you still need Fiat integration somewhere.
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Re:Coinbase S-1 by vinay_ys on Thursday February 25, 2021 @02:57PM (#26267446)
Yes, that's correct. Basically, bitcoin doesn't have privacy and is losing self-sovereignty through regulation.
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