Re:Are you ready to spend your bitcoins buying cheap lands?
by prophack on Monday March 15, 2021 @08:07AM
(#26464983)
Thank you for the feedback. Fair enough. I thought to make a tool which you could use to quickly withdraw your crypto (not only BTC). In case of classical withdraw operations over banks you normally has some maximum limits. The low price allows to buy a couple of objects in different countries with better risks diversification.
Re:Are you ready to spend your bitcoins buying cheap lands?
by quickthrower2 on Monday March 15, 2021 @10:55PM
(#26472388)
I see I didn’t think of it like that. So getting a million dollars out of an exchange might be hard due to KYC and AML problems on the bank side. But you offer a way to go directly into an asset although I assume you have KYC and AML obligations too.
For tax reasons people might also borrow against Bitcoin for a deposit then get a mortgage to acquire the land.